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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 2023-09-18 View latest technical analysis

10 day averaged volume of Fortis is 27719

Date Daily Closing Price Open High Low Volume
18 Mon Sep 2023 325.70 336.80 336.80 324.15 1.08 times
15 Fri Sep 2023 330.20 333.00 333.10 329.25 0.73 times
14 Thu Sep 2023 332.70 332.15 336.50 326.50 1.383 times
13 Wed Sep 2023 328.70 327.05 337.00 325.10 1.475 times
12 Tue Sep 2023 335.30 341.25 347.50 331.00 1.34 times
11 Mon Sep 2023 341.20 340.00 342.95 338.20 0.749 times
08 Fri Sep 2023 339.15 336.10 342.50 334.50 1.577 times
07 Thu Sep 2023 336.15 330.40 337.25 330.40 0.374 times
06 Wed Sep 2023 333.90 334.95 337.50 332.85 0.31 times
05 Tue Sep 2023 334.75 330.15 335.95 330.15 0.446 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 327.3, but if it comes above 327.3, then a intra day buy could be more profitable.
If you take a sell trade below 327.3, then use 327.3 as stoploss and 321.9 as target. However if you take a buy trade in stock , then use 327.3 as stoploss and 331.84 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
Upside Target 335.00
Upside Target 336.80
Upside Target 339.95
Upside Target 342.50
Upside Target 347.50
Upside Target 349.95
Upside Target 352.00

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 320.97
Downside Intraday Target 316.23
Upside Intraday Target 333.62
Upside Intraday Target 341.53
Upside Intraday Target 328.88

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
18 Mon Sep 2023 325.70 336.80 336.80 324.15 0.19 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
25 Fri Aug 2023 333.45 320.55 335.00 316.05 0.622 times

Price has moved down 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
18 Mon Sep 2023 325.70 328.10 347.50 322.50 0.315 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Fortis Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Fortis in short term and SELL 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 333.47 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 negative.

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

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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Fortis Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Fortis in short term and SELL 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 333.47 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 negative.

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

Click here for Fortis charts

Click here for further forecast and predictions for tomorrow

Daily charts

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