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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 2024-03-12 View latest technical analysis

10 day averaged volume of Fortis Inc is 878630

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	39.73	39.87	39.98	39.57	0.595 times
11 Mon Mar 2024	40.05	39.95	40.22	39.83	0.432 times
08 Fri Mar 2024	40.05	40.35	40.42	40.03	0.771 times
07 Thu Mar 2024	40.26	39.66	40.33	39.61	1.152 times
06 Wed Mar 2024	39.44	39.36	39.61	39.27	0.908 times
05 Tue Mar 2024	39.02	39.23	39.40	38.82	0.983 times
04 Mon Mar 2024	39.00	38.48	39.06	38.33	0.734 times
01 Fri Mar 2024	38.56	38.50	38.69	38.25	1.684 times
29 Thu Feb 2024	38.58	38.68	38.88	38.51	1.531 times
28 Wed Feb 2024	38.63	38.72	38.81	38.56	0.743 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39.8 as stoploss in an intra day sell trade for a target of 39.26. However, stock will show a bullish move above 39.8.

Share price targets for Fortis Inc (FTS)

Target Type	Value
Downside Target	38.25
Downside Target	39.22
Downside Target	39.58
Upside Target	40.03
Upside Target	40.22
Upside Target	40.42
Upside Target	40.55
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	39.46
Downside Intraday Target	39.19
Upside Intraday Target	40.11
Upside Intraday Target	40.49
Upside Intraday Target	39.84

Weekly technical analysis of Fortis Inc (FTS)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	39.73	39.95	40.22	39.57	0.226 times
08 Fri Mar 2024	40.05	38.48	40.42	38.33	0.664 times
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

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
12 Tue Mar 2024	39.73	38.50	40.42	38.25	0.255 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Fortis Inc ( (FTS) ) based on a short 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.

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

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Fortis Inc in short term but the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Fortis Inc in short term but SELL 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 39.2 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 rising upwards.

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 is giving positive 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.