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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 2024-03-01 View latest technical analysis

10 day averaged volume of Fortis Inc is 1606500

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	38.56	38.50	38.69	38.25	0.921 times
29 Thu Feb 2024	38.58	38.68	38.88	38.51	0.837 times
28 Wed Feb 2024	38.63	38.72	38.81	38.56	0.406 times
27 Tue Feb 2024	38.72	38.67	38.82	38.45	0.581 times
26 Mon Feb 2024	38.59	39.30	39.30	38.49	1 times
23 Fri Feb 2024	39.36	39.95	40.03	39.22	0.729 times
22 Thu Feb 2024	39.90	39.68	39.94	39.37	0.768 times
21 Wed Feb 2024	39.83	39.73	39.92	39.60	0.735 times
20 Tue Feb 2024	39.65	39.28	39.84	39.24	1.102 times
16 Fri Feb 2024	39.27	39.07	39.37	38.94	0.598 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.7, but if it comes above 38.7, then a intra day buy could be more profitable.
If you take a sell trade below 38.7, then use 38.7 as stoploss and 38.1 as target. However if you take a buy trade in stock , then use 38.7 as stoploss and 39.17 as target.

Share price targets for Fortis Inc (FTS)

Target Type	Value
Downside Target	38.25
Upside Target	39.47
Upside Target	39.58
Upside Target	40.03
Upside Target	40.06
Upside Target	40.55
Upside Target	40.76
Upside Target	41.76
Upside Target	42.17
Upside Target	42.19

Intraday share price targets for Fortis Inc (FTS)

Target Type	Value
Downside Intraday Target	38.11
Downside Intraday Target	37.65
Upside Intraday Target	39.16
Upside Intraday Target	39.75
Upside Intraday Target	38.7

Weekly technical analysis of Fortis Inc (FTS)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	38.56	39.30	39.30	38.25	1.124 times
23 Fri Feb 2024	39.36	39.28	40.03	39.22	0.608 times
16 Fri Feb 2024	39.27	39.12	39.58	38.25	2.1 times
09 Fri Feb 2024	39.06	39.67	40.06	38.44	0.977 times
02 Fri Feb 2024	40.00	39.76	40.76	39.30	1.135 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
01 Fri Mar 2024	38.56	38.50	38.69	38.25	0.059 times
29 Thu Feb 2024	38.58	40.07	40.55	38.25	1.563 times
31 Wed Jan 2024	40.13	40.71	42.19	39.37	1.1 times
29 Fri Dec 2023	41.13	40.15	41.76	39.47	0.947 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis Inc in short term and SELL signal is strong!

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 39.13 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.