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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)

Showing technical analysis as on 2023-03-31 View latest technical analysis

10 day averaged volume of Fortis is 40526

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Mar 2023	259.95	262.15	267.00	258.60	1.37 times
29 Wed Mar 2023	262.15	259.95	264.25	258.35	0.765 times
28 Tue Mar 2023	258.95	254.10	263.50	254.10	1.701 times
27 Mon Mar 2023	255.85	254.00	261.10	251.20	2.135 times
24 Fri Mar 2023	253.45	251.00	258.85	245.40	1.31 times
23 Thu Mar 2023	251.05	250.80	254.00	249.55	0.451 times
22 Wed Mar 2023	253.20	251.75	256.00	250.65	0.881 times
21 Tue Mar 2023	253.80	260.95	261.35	251.25	1.173 times
20 Mon Mar 2023	260.45	260.00	263.10	256.30	0.718 times
17 Fri Mar 2023	262.70	260.10	266.45	260.10	0.443 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 255.8 as stoploss in an intra day buy trade for a target of 264.13. However, stock will show a bearish move below 255.8.

Share price targets for Fortis (Fortis)

Target Type	Value
Downside Target	245.40
Downside Target	251.20
Downside Target	259.30
Upside Target	274.35
Upside Target	277.70
Upside Target	282.00
Upside Target	285.50
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	251.77
Downside Intraday Target	243.58
Upside Intraday Target	267.57
Upside Intraday Target	275.18
Downside Intraday Target	259.38

Weekly technical analysis of Fortis (Fortis)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Mar 2023	259.95	254.00	267.00	251.20	1.318 times
24 Fri Mar 2023	253.45	260.00	263.10	245.40	1.855 times
17 Fri Mar 2023	262.70	272.00	272.15	259.30	0.492 times
10 Fri Mar 2023	271.55	272.65	282.00	267.95	1.033 times
03 Fri Mar 2023	275.90	267.65	277.70	262.40	1.299 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
31 Fri Mar 2023	259.95	268.00	282.00	245.40	1.022 times
28 Tue Feb 2023	267.85	285.50	285.50	261.55	0.411 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

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)

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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a BUY signal for Fortis in short term but the buy signal is initial and weak.

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

Fortis Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color Prices appear to be coming down

CCI has generated a buy signal for Fortis in short term and BUY signal is strong.

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 256.95 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.