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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 2024-05-24 View latest technical analysis

10 day averaged volume of Fortis is 28924

Date Daily Closing Price Open High Low Volume
24 Fri May 2024 461.75 474.80 479.50 460.05 3.146 times
23 Thu May 2024 469.15 477.35 477.35 461.50 0.843 times
22 Wed May 2024 469.50 467.00 479.40 462.05 4.953 times
21 Tue May 2024 462.25 448.45 467.60 447.50 0.771 times
18 Sat May 2024 452.20 450.00 454.00 445.00 0.329 times
17 Fri May 2024 450.90 453.55 454.40 446.60 0.468 times
16 Thu May 2024 447.95 444.15 451.05 438.80 0.699 times
15 Wed May 2024 444.15 445.00 448.50 442.55 0.293 times
14 Tue May 2024 444.85 454.85 454.85 443.00 0.177 times
13 Mon May 2024 445.90 442.00 448.75 434.00 0.908 times

Stock of Fortis (Fortis) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 461.2, but if it comes below 461.2, then a intra day sell could be more profitable.
If you take a sell trade below 461.2, then use 461.2 as stoploss and 451.79 as target. However if you take a buy trade in stock , then use 461.2 as stoploss and 472.5 as target.

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
Downside Target 431.05
Downside Target 447.50
Downside Target 456.00
Downside Target 457.30
Upside Target 469.50
Upside Target 470.05
Upside Target 479.50

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 446.33
Downside Intraday Target 430.92
Upside Intraday Target 478.33
Upside Intraday Target 494.92
Upside Intraday Target 462.92

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
24 Fri May 2024 461.75 448.45 479.50 447.50 3.38 times
18 Sat May 2024 452.20 442.00 454.85 434.00 0.416 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Fortis (Fortis)

Date Monthly Closing Price Open High Low Volume
24 Fri May 2024 461.75 441.35 479.50 434.00 0.099 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 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 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 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.

Fortis Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Fortis is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 462.12 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 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 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 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.

Fortis Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Fortis is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 462.12 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

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