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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 2024-10-24 View latest technical analysis

10 day averaged volume of Fortis is 78017

Date Daily Closing Price Open High Low Volume
24 Thu Oct 2024 585.20 600.00 604.30 583.40 0.238 times
23 Wed Oct 2024 593.75 582.65 601.90 582.65 0.41 times
22 Tue Oct 2024 594.50 596.20 610.75 590.80 0.784 times
21 Mon Oct 2024 608.00 610.00 612.85 601.85 0.261 times
18 Fri Oct 2024 610.10 595.05 613.40 595.00 0.421 times
17 Thu Oct 2024 603.75 609.00 619.40 601.90 0.134 times
16 Wed Oct 2024 608.20 620.00 626.10 605.70 0.229 times
15 Tue Oct 2024 619.20 600.00 622.00 600.00 6.98 times
14 Mon Oct 2024 597.70 601.10 615.00 594.30 0.242 times
11 Fri Oct 2024 600.05 610.00 619.40 598.65 0.367 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 592.2, but if it comes above 592.2, then a intra day buy could be more profitable.
If you take a sell trade below 592.2, then use 592.2 as stoploss and 579.9 as target. However if you take a buy trade in stock , then use 592.2 as stoploss and 602.4 as target.

Share price targets for Fortis (Fortis)

Target Type Value
Downside Target 406.35
Downside Target 452.75
Downside Target 480.45
Downside Target 509.85
Downside Target 532.00
Downside Target 563.00
Downside Target 574.25
Upside Target 612.85
Upside Target 622.00
Upside Target 622.30
Upside Target 622.90
Upside Target 626.10
Upside Target 628.00

Intraday share price targets for Fortis (Fortis)

Target Type Value
Downside Intraday Target 574.28
Downside Intraday Target 563.37
Upside Intraday Target 604.48
Upside Intraday Target 623.77
Upside Intraday Target 593.57

Weekly technical analysis of Fortis (Fortis)

Date Weekly Closing Price Open High Low Volume
24 Thu Oct 2024 585.20 610.00 612.85 582.65 0.211 times
18 Fri Oct 2024 610.10 601.10 626.10 594.30 5.868 times
11 Fri Oct 2024 600.05 575.05 622.30 574.25 0.817 times
03 Thu Oct 2024 596.90 599.70 628.00 590.00 1.068 times
27 Fri Sep 2024 598.25 617.45 622.00 585.95 0.421 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
24 Thu Oct 2024 585.20 619.50 628.00 574.25 1.026 times
30 Mon Sep 2024 614.85 562.00 622.90 537.90 0.509 times
30 Fri Aug 2024 551.70 498.00 563.00 480.45 1.586 times
31 Wed Jul 2024 501.65 484.70 532.00 452.75 1.38 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 613.09 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 613.09 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 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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