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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 2024-03-15 View latest technical analysis

10 day averaged volume of Fortis is 56025

Date Daily Closing Price Open High Low Volume
15 Fri Mar 2024 389.30 408.65 408.65 387.05 0.421 times
14 Thu Mar 2024 402.10 383.95 403.40 380.80 0.471 times
13 Wed Mar 2024 385.30 409.55 409.55 379.20 1.803 times
12 Tue Mar 2024 409.40 412.70 413.35 399.95 0.783 times
11 Mon Mar 2024 412.95 401.90 416.20 392.45 1.199 times
07 Thu Mar 2024 397.30 384.75 403.05 381.05 1.552 times
06 Wed Mar 2024 380.55 387.20 387.20 375.10 0.978 times
05 Tue Mar 2024 383.05 383.45 389.00 379.40 0.809 times
04 Mon Mar 2024 384.15 403.45 406.40 380.70 1.169 times
02 Sat Mar 2024 402.55 403.75 406.00 396.50 0.226 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 390.2, but if it comes above 390.2, then a intra day buy could be more profitable.
If you take a sell trade below 390.2, then use 390.2 as stoploss and 364.1 as target. However if you take a buy trade in stock , then use 390.2 as stoploss and 411.97 as target.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 320.15
Downside Target 375.10
Downside Target 388.00
Upside Target 399.00
Upside Target 416.20
Upside Target 422.90
Upside Target 430.10
Upside Target 439.25
Upside Target 444.30
Upside Target 449.00
Upside Target 452.85
Upside Target 469.50

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 373.6
Downside Intraday Target 357.9
Upside Intraday Target 410.6
Upside Intraday Target 431.9
Upside Intraday Target 394.9

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
15 Fri Mar 2024 389.30 401.90 416.20 379.20 1.038 times
07 Thu Mar 2024 397.30 403.45 406.40 375.10 1.607 times
02 Sat Mar 2024 402.55 438.85 444.30 390.10 1.035 times
23 Fri Feb 2024 438.35 435.90 452.85 430.10 1.566 times
16 Fri Feb 2024 433.65 439.25 439.25 414.05 0.357 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
15 Fri Mar 2024 389.30 399.45 416.20 375.10 0.793 times
29 Thu Feb 2024 406.95 432.25 469.50 399.00 0.086 times
31 Wed Jan 2024 432.15 423.00 449.00 409.25 10.379 times
29 Fri Dec 2023 420.30 388.25 422.90 375.35 0.786 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Fortis in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 393.41 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Fortis in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 393.41 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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