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(FTS) Fortis Inc complete technical analysis [charts+indicators] | Buy/Sell Fortis Inc | (FTS) share price targets

Complete technical analysis of Fortis Inc (FTS) by charts plus indicators, forecast predictions and share price targets for Fortis Inc (FTS)

Fortis Inc trades in USA in Public Utilities sector.

Showing technical analysis as on 2024-01-25 View latest technical analysis

10 day averaged volume of Fortis Inc is 856580

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	39.80	39.66	39.84	39.52	0.793 times
24 Wed Jan 2024	39.43	40.24	40.26	39.37	1.029 times
23 Tue Jan 2024	39.81	40.10	40.34	39.73	1.003 times
22 Mon Jan 2024	40.16	40.49	40.77	40.08	1.1 times
19 Fri Jan 2024	40.48	40.02	40.65	39.87	1.121 times
18 Thu Jan 2024	39.89	40.36	40.48	39.78	0.842 times
17 Wed Jan 2024	40.36	40.86	41.00	40.09	1.555 times
16 Tue Jan 2024	40.99	40.94	41.06	40.60	0.897 times
12 Fri Jan 2024	41.06	41.41	41.53	40.98	0.85 times
12 Fri Jan 2024	41.06	41.41	41.53	40.98	0.85 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.1, but if it comes above 40.1, then a intra day buy could be more profitable.
If you take a sell trade below 40.1, then use 40.1 as stoploss and 39.3 as target. However if you take a buy trade in stock , then use 40.1 as stoploss and 40.85 as target.

Share price targets for Fortis Inc (FTS)

Target Type	Value
Downside Target	36.30
Downside Target	37.88
Downside Target	39.37
Upside Target	40.67
Upside Target	41.06
Upside Target	41.53
Upside Target	41.76
Upside Target	42.01
Upside Target	42.05
Upside Target	42.17
Upside Target	42.19

Intraday share price targets for Fortis Inc (FTS)

Target Type	Value
Downside Intraday Target	39.19
Downside Intraday Target	38.58
Upside Intraday Target	40.59
Upside Intraday Target	41.38
Upside Intraday Target	39.98

Weekly technical analysis of Fortis Inc (FTS)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	39.80	40.49	40.77	39.37	0.889 times
19 Fri Jan 2024	40.48	40.94	41.06	39.78	5.192 times
12 Fri Jan 2024	41.06	41.41	41.53	40.98	0.272 times
12 Fri Jan 2024	41.06	41.68	42.05	40.69	0.932 times
05 Fri Jan 2024	41.63	40.71	42.19	40.67	6.055 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 Inc (FTS)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	39.80	40.71	42.19	39.37	0.922 times
29 Fri Dec 2023	41.13	40.15	41.76	39.47	0.947 times
30 Thu Nov 2023	40.08	39.84	42.17	39.41	0.681 times
31 Tue Oct 2023	39.73	37.83	40.84	36.30	1.39 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 Inc (FTS)

Price action analysis of Fortis Inc ( (FTS) ) 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 Inc ( (FTS) ) 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 Inc ( (FTS) ) based on a mid to longer 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.

ADX buy sell signal for Fortis Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Fortis Inc in short term and the sell signal is strong.

Fortis Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling 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 Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.29 and Fortis Inc (FTS) 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 Inc (FTS) stock. Volume based technical analysis of Fortis Inc (FTS) stock is negative.

Fortis Inc 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.