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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 2023-09-08 View latest technical analysis

10 day averaged volume of Fortis is 23896

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Sep 2023	339.15	336.10	342.50	334.50	1.829 times
07 Thu Sep 2023	336.15	330.40	337.25	330.40	0.433 times
06 Wed Sep 2023	333.90	334.95	337.50	332.85	0.36 times
05 Tue Sep 2023	334.75	330.15	335.95	330.15	0.518 times
04 Mon Sep 2023	330.65	325.05	333.45	325.05	1.874 times
01 Fri Sep 2023	324.85	328.10	335.50	322.50	1.206 times
31 Thu Aug 2023	331.90	339.95	339.95	327.75	0.807 times
30 Wed Aug 2023	331.50	338.95	338.95	329.95	0.32 times
29 Tue Aug 2023	334.45	333.75	335.50	330.00	1.036 times
28 Mon Aug 2023	333.75	330.20	335.80	329.60	1.511 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 334.9, but if it comes below 334.9, then a intra day sell could be more profitable.
If you take a sell trade below 334.9, then use 334.9 as stoploss and 327.51 as target. However if you take a buy trade in stock , then use 334.9 as stoploss and 343.8 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	326.10
Downside Target	335.00
Downside Target	337.75
Upside Target	339.95
Upside Target	342.50
Upside Target	349.95
Upside Target	352.00

Intraday share price targets for Fortis (Fortis)

Target Type	Value
Downside Intraday Target	328.63
Downside Intraday Target	318.12
Upside Intraday Target	346.08
Upside Intraday Target	353.02
Downside Intraday Target	335.57

Weekly technical analysis of Fortis (Fortis)

Date	Weekly Closing Price	Open	High	Low	Volume
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
25 Fri Aug 2023	333.45	320.55	335.00	316.05	0.622 times
18 Fri Aug 2023	316.20	312.05	326.10	308.25	0.947 times
11 Fri Aug 2023	318.40	331.80	337.75	314.25	0.794 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
08 Fri Sep 2023	339.15	328.10	342.50	322.50	0.139 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 term time period is neutral. A longer time frame might give a better analysis.

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 Strong and stock is gaining 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 red color and prices are in or above the red cloud Prices appear to be moving up

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 and selling is picking up 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 333.09 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.