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(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)

10 day averaged volume of Fortis is 31568

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	339.95	343.60	345.10	338.30	0.634 times
28 Thu Sep 2023	343.40	344.55	348.25	341.00	0.854 times
27 Wed Sep 2023	340.50	342.30	342.30	333.45	0.836 times
26 Tue Sep 2023	335.65	334.00	339.65	332.20	1.541 times
25 Mon Sep 2023	332.30	328.05	333.65	328.05	0.573 times
22 Fri Sep 2023	331.25	335.95	338.50	330.05	0.474 times
21 Thu Sep 2023	335.95	336.75	338.35	333.35	0.713 times
20 Wed Sep 2023	336.80	327.00	338.10	325.70	2.205 times
18 Mon Sep 2023	325.70	336.80	336.80	324.15	0.949 times
15 Fri Sep 2023	330.20	333.00	333.10	329.25	0.641 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 339.3, but if it comes below 339.3, then a intra day sell could be more profitable.
If you take a sell trade below 339.3, then use 339.3 as stoploss and 334.45 as target. However if you take a buy trade in stock , then use 339.3 as stoploss and 345.2 as target.

Share price targets for Fortis (Fortis)

Target Type	Value
Downside Target	256.25
Downside Target	271.35
Downside Target	294.95
Downside Target	308.25
Downside Target	317.00
Downside Target	338.50
Downside Target	339.95
Upside Target	342.50
Upside Target	347.50
Upside Target	348.25
Upside Target	349.95
Upside Target	352.00

Intraday share price targets for Fortis (Fortis)

Target Type	Value
Downside Intraday Target	329.25
Downside Intraday Target	318.55
Upside Intraday Target	349.45
Upside Intraday Target	358.95
Downside Intraday Target	338.75

Weekly technical analysis of Fortis (Fortis)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	339.95	328.05	348.25	328.05	1.023 times
22 Fri Sep 2023	331.25	336.80	338.50	324.15	0.871 times
15 Fri Sep 2023	330.20	340.00	347.50	325.10	1.313 times
08 Fri Sep 2023	339.15	325.05	342.50	325.05	1.027 times
01 Fri Sep 2023	324.85	330.20	339.95	322.50	0.729 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
29 Fri Sep 2023	339.95	328.10	348.25	322.50	0.546 times
31 Thu Aug 2023	331.90	349.35	349.95	308.25	1.091 times
31 Mon Jul 2023	345.55	316.25	352.00	310.25	0.893 times
30 Fri Jun 2023	314.80	274.75	317.00	271.35	1.237 times

Scroll below to view daily charts

Price has moved up 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)

Price action analysis of Fortis ( (Fortis) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Fortis ( (Fortis) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Fortis ( (Fortis) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Fortis stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Fortis in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Fortis Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Fortis is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 335.57 and Fortis (Fortis) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Fortis (Fortis) stock. Volume based technical analysis of Fortis (Fortis) stock is negative.

Fortis Stock is giving positive 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.