Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-16 View latest technical analysis

10 day averaged volume of Fortis is 32074

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 447.95 444.15 451.05 438.80 0.63 times
15 Wed May 2024 444.15 445.00 448.50 442.55 0.264 times
14 Tue May 2024 444.85 454.85 454.85 443.00 0.159 times
13 Mon May 2024 445.90 442.00 448.75 434.00 0.819 times
10 Fri May 2024 441.15 451.00 452.00 438.45 0.505 times
09 Thu May 2024 451.65 462.55 465.00 447.00 0.799 times
08 Wed May 2024 462.55 449.05 467.00 447.85 1.345 times
07 Tue May 2024 453.90 464.65 464.65 448.00 1.502 times
06 Mon May 2024 461.30 456.95 470.05 454.65 2.075 times
03 Fri May 2024 451.70 443.50 456.00 440.30 2.219 times

My analysis of stock is bullish for shortterm, and stock might move up till 453.5 or till 462.6. Use a stoploss of 445.87 and if this stock hits its stoploss, then it can fall down till 438.26

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 375.10
Downside Target 399.00
Downside Target 409.25
Downside Target 420.00
Upside Target 449.00
Upside Target 454.85
Upside Target 456.00
Upside Target 457.30
Upside Target 469.50
Upside Target 470.05

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 436.35
Downside Intraday Target 424.75
Upside Intraday Target 457.2
Upside Intraday Target 466.45
Downside Intraday Target 445.6

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 447.95 442.00 454.85 434.00 0.301 times
10 Fri May 2024 441.15 456.95 470.05 438.45 0.457 times
03 Fri May 2024 451.70 447.25 456.00 434.90 1.959 times
26 Fri Apr 2024 443.75 435.80 457.30 431.05 1.647 times
19 Fri Apr 2024 430.65 427.00 450.00 423.60 0.024 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
16 Thu May 2024 447.95 441.35 470.05 434.00 0.052 times
30 Tue Apr 2024 438.20 420.00 457.30 420.00 4.694 times
28 Thu Mar 2024 419.90 399.45 421.75 375.10 1.89 times
29 Thu Feb 2024 406.95 432.25 469.50 399.00 0.086 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying 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 453.86 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. 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.

Price action analysis of Fortis ( (Fortis) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying 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 453.86 and Fortis (Fortis) stock is trading below this level. This means that stock is falling with high volumes. 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.

Click here for Fortis charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme