(Fortis) Fortis complete technical analysis [charts+indicators] | Buy/Sell Fortis | (Fortis) share price targets
Complete technical analysis of Fortis (Fortis) by charts plus indicators, forecast predictions and share price targets for Fortis (Fortis)
Showing technical analysis as on 2023-02-07 View latest technical analysis
10 day averaged volume of Fortis is 19519
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 278.10 | 275.65 | 280.10 | 274.15 | 0.878 times |
| 06 Mon Feb 2023 | 276.80 | 277.05 | 279.20 | 275.45 | 0.41 times |
| 03 Fri Feb 2023 | 277.25 | 275.55 | 282.40 | 275.00 | 1.272 times |
| 02 Thu Feb 2023 | 278.30 | 276.00 | 281.00 | 274.85 | 1.987 times |
| 01 Wed Feb 2023 | 277.95 | 285.50 | 285.50 | 276.90 | 2.126 times |
| 31 Tue Jan 2023 | 281.90 | 277.30 | 284.00 | 274.35 | 0.742 times |
| 30 Mon Jan 2023 | 277.15 | 278.05 | 283.00 | 275.60 | 0.548 times |
| 27 Fri Jan 2023 | 280.30 | 283.95 | 283.95 | 275.05 | 0.714 times |
| 25 Wed Jan 2023 | 277.60 | 277.40 | 282.35 | 276.00 | 0.578 times |
| 24 Tue Jan 2023 | 281.70 | 282.95 | 285.95 | 281.30 | 0.937 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 278.2, but if it comes above 278.2, then a intra day buy could be more profitable.
If you take a sell trade below 278.2, then use 278.2 as stoploss and 274.1 as target. However if you take a buy trade in stock , then use 278.2 as stoploss and 281.69 as target.
Share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Target | 259.25 |
| Downside Target | 268.95 |
| Upside Target | 285.50 |
| Upside Target | 285.95 |
| Upside Target | 286.40 |
| Upside Target | 288.75 |
| Upside Target | 289.80 |
| Upside Target | 295.00 |
| Upside Target | 313.75 |
Intraday share price targets for Fortis (Fortis)
| Target Type | Value |
| Downside Intraday Target | 274.8 |
| Downside Intraday Target | 271.5 |
| Upside Intraday Target | 280.75 |
| Upside Intraday Target | 283.4 |
| Downside Intraday Target | 277.45 |
Weekly technical analysis of Fortis (Fortis)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 278.10 | 277.05 | 280.10 | 274.15 | 0.193 times |
| 03 Fri Feb 2023 | 277.25 | 278.05 | 285.50 | 274.35 | 2.29 times |
| 27 Fri Jan 2023 | 280.30 | 284.10 | 285.95 | 275.05 | 1.243 times |
| 20 Fri Jan 2023 | 284.50 | 285.70 | 288.75 | 278.10 | 0.435 times |
| 13 Fri Jan 2023 | 287.45 | 284.00 | 289.80 | 281.15 | 0.065 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Fortis (Fortis)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 278.10 | 285.50 | 285.50 | 274.15 | 0.07 times |
| 31 Tue Jan 2023 | 281.90 | 282.55 | 289.80 | 274.35 | 2.463 times |
| 30 Fri Dec 2022 | 286.15 | 290.25 | 295.00 | 268.95 | 0.446 times |
| 30 Wed Nov 2022 | 290.25 | 275.00 | 313.75 | 272.80 | 0.696 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Fortis (Fortis)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 9, 14, 20 | Sell |
| MACD | -3, -2 | Sell |
| Stochastics | 25 | Sell |
| CCI | -84 | Buy |
| RSI | 50 | Sell |
| OBV | 10525 | Sell |
| VWAP | 279 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortis ( (Fortis) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortis ( (Fortis) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortis ( (Fortis) ) based on a mid to longer term time period is
ADX buy sell signal for Fortis stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Fortis in short term and the sell signal is strong.
Fortis Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Fortis in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fortis is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 278.63 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Fortis (Fortis) stock. Volume based technical analysis of Fortis (Fortis) stock is negative.
Fortis Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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