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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 2024-08-05 View latest technical analysis

10 day averaged volume of Fortis is 43997

Date Daily Closing Price Open High Low Volume
05 Mon Aug 2024 501.80 500.00 518.00 494.50 2.245 times
02 Fri Aug 2024 505.45 503.85 511.15 497.75 0.346 times
01 Thu Aug 2024 504.95 498.00 507.00 497.50 0.323 times
31 Wed Jul 2024 501.65 505.95 506.00 500.50 1.123 times
30 Tue Jul 2024 502.30 504.95 507.00 494.50 0.849 times
29 Mon Jul 2024 496.95 510.15 517.25 495.10 1.019 times
26 Fri Jul 2024 510.10 505.55 532.00 505.55 1.614 times
25 Thu Jul 2024 503.05 481.00 514.75 481.00 2.506 times
24 Wed Jul 2024 481.80 487.70 493.00 481.50 0.706 times
23 Tue Jul 2024 487.45 482.50 500.55 481.05 1.129 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 503.8 as stoploss in an intra day sell trade for a target of 488.02. However, stock will show a bullish move above 503.8.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 406.35
Downside Target 420.00
Downside Target 434.00
Downside Target 452.75
Downside Target 475.25
Downside Target 494.95
Upside Target 509.85
Upside Target 517.25
Upside Target 518.00
Upside Target 532.00

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 491.53
Downside Intraday Target 481.27
Upside Intraday Target 515.03
Upside Intraday Target 528.27
Upside Intraday Target 504.77

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
05 Mon Aug 2024 501.80 500.00 518.00 494.50 0.614 times
02 Fri Aug 2024 505.45 510.15 517.25 494.50 0.577 times
26 Fri Jul 2024 510.10 481.60 532.00 475.25 1.025 times
19 Fri Jul 2024 480.80 488.55 494.95 476.90 1.181 times
12 Fri Jul 2024 480.05 468.95 489.00 452.75 1.055 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
05 Mon Aug 2024 501.80 498.00 518.00 494.50 0.113 times
31 Wed Jul 2024 501.65 484.70 532.00 452.75 1.38 times
28 Fri Jun 2024 475.20 485.60 509.85 406.35 0.952 times
31 Fri May 2024 475.95 441.35 484.50 434.00 0.132 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 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.

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 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 and the buying is gaining 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 500.43 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.

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 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.

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 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 and the buying is gaining 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 500.43 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.

Click here for Fortis charts

Click here for further forecast and predictions for tomorrow

Daily charts

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