(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)
10 day averaged volume of Fortis is 126479
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Tue Oct 2021||257.25||249.90||257.90||248.55||0.73 times|
|25 Mon Oct 2021||248.85||256.10||256.10||248.10||0.724 times|
|22 Fri Oct 2021||256.10||265.00||266.25||255.00||0.625 times|
|21 Thu Oct 2021||264.85||260.00||266.95||254.90||1.162 times|
|20 Wed Oct 2021||253.80||253.20||262.65||250.65||1.384 times|
|19 Tue Oct 2021||256.65||260.50||264.40||252.55||1.173 times|
|18 Mon Oct 2021||262.70||275.90||275.90||261.45||1.398 times|
|14 Thu Oct 2021||274.30||268.25||275.95||265.00||1.564 times|
|13 Wed Oct 2021||269.80||263.50||275.10||263.35||0.85 times|
|12 Tue Oct 2021||262.85||270.00||270.00||262.35||0.571 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 257.2 as stoploss in an intra day buy trade for a target of 265.55. However, stock will show a bearish move below 257.2.
Share price targets for Fortis (Fortis)
Intraday share price targets for Fortis (Fortis)
|Downside Intraday Target||250.93|
|Downside Intraday Target||244.62|
|Upside Intraday Target||260.73|
|Upside Intraday Target||264.22|
|Downside Intraday Target||254.42|
Weekly technical analysis of Fortis (Fortis)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Tue Oct 2021||257.25||256.10||257.90||248.10||0.253 times|
|22 Fri Oct 2021||256.10||275.90||275.90||250.65||1.625 times|
|14 Thu Oct 2021||274.30||271.60||275.95||262.35||0.815 times|
|08 Fri Oct 2021||271.25||266.90||282.00||265.55||0.78 times|
|01 Fri Oct 2021||265.60||271.20||275.70||260.45||0.966 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|
|26 Tue Oct 2021||257.25||263.45||282.00||248.10||0.64 times|
|30 Thu Sep 2021||263.45||292.50||293.70||255.15||0.438 times|
|31 Tue Aug 2021||290.55||253.00||304.00||225.20||1.906 times|
|30 Fri Jul 2021||250.70||244.00||259.65||231.00||0.454 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||13, 22, 26||Sell|
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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Fortis in short term and the sell signal is strong.
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 red color and prices are in or above the red 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 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 261.64 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.