(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 2024-05-31 View latest technical analysis
10 day averaged volume of Fortis Inc is 646460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 39.99 | 39.24 | 40.01 | 39.21 | 1.355 times |
| 30 Thu May 2024 | 39.04 | 38.61 | 39.05 | 38.55 | 1.338 times |
| 29 Wed May 2024 | 38.42 | 39.02 | 39.03 | 38.39 | 1.447 times |
| 28 Tue May 2024 | 39.28 | 39.88 | 39.93 | 39.20 | 1.039 times |
| 24 Fri May 2024 | 39.90 | 39.76 | 40.05 | 39.58 | 0.998 times |
| 23 Thu May 2024 | 39.68 | 40.35 | 40.51 | 39.43 | 1.534 times |
| 22 Wed May 2024 | 40.46 | 40.71 | 40.94 | 40.39 | 0.886 times |
| 21 Tue May 2024 | 40.91 | 40.86 | 41.05 | 40.57 | 1.015 times |
| 20 Mon May 2024 | 40.84 | 40.77 | 40.96 | 40.63 | 0.44 times |
| 17 Fri May 2024 | 40.77 | 40.82 | 40.93 | 40.41 | 0.632 times |
My analysis of stock is bearish for shortterm, and stock might move down till 39.6 or till 38.7. Use a stoploss of 40.28 and if the stock hits stoploss, then it can shoot up till 41
Share price targets for Fortis Inc (FTS)
| Target Type | Value |
| Downside Target | 36.86 |
| Downside Target | 38.25 |
| Upside Target | 40.27 |
| Upside Target | 40.41 |
| Upside Target | 40.42 |
| Upside Target | 40.55 |
| Upside Target | 41.05 |
| Upside Target | 41.38 |
| Upside Target | 41.50 |
| Upside Target | 42.19 |
Intraday share price targets for Fortis Inc (FTS)
| Target Type | Value |
| Downside Intraday Target | 38.92 |
| Downside Intraday Target | 37.84 |
| Upside Intraday Target | 40.54 |
| Upside Intraday Target | 41.08 |
| Downside Intraday Target | 39.46 |
Weekly technical analysis of Fortis Inc (FTS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 39.99 | 39.88 | 40.01 | 38.39 | 1.063 times |
| 24 Fri May 2024 | 39.90 | 40.77 | 41.05 | 39.43 | 1.148 times |
| 17 Fri May 2024 | 40.77 | 41.22 | 41.38 | 40.41 | 0.751 times |
| 10 Fri May 2024 | 41.10 | 40.09 | 41.50 | 39.74 | 1.186 times |
| 03 Fri May 2024 | 39.91 | 39.26 | 40.27 | 38.72 | 0.739 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 Inc (FTS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 39.99 | 39.12 | 41.50 | 38.39 | 0.986 times |
| 30 Tue Apr 2024 | 39.29 | 39.41 | 39.66 | 36.86 | 1.06 times |
| 28 Thu Mar 2024 | 39.51 | 38.50 | 40.42 | 38.25 | 0.567 times |
| 29 Thu Feb 2024 | 38.58 | 40.07 | 40.55 | 38.25 | 1.563 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 Inc (FTS)
Price action analysis of Fortis Inc ( (FTS) ) based on a short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Fortis Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Fortis Inc in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green 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 39.74 and Fortis Inc (FTS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 Inc ( (FTS) ) based on a short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Fortis Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Fortis Inc in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green 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 39.74 and Fortis Inc (FTS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.