FORTIS INC - FTSCN 6.123 PERP (FTS-PR-G.CA) Stock Technical Analysis
TSX:FTS-PR-G - Toronto Stock Exchange - CA3495538348 - Currency: CAD
Overall FTS-PR-G gets a technical rating of 7 out of 10. FTS-PR-G has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
FTS-PR-G is one of the lesser performing stocks in the Electric Utilities industry. 61% of 19 stocks in the same industry do better.
Warning: FTS-PR-G has an average volume of 7398 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
FTS-PR-G is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FTS-PR-G is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, FTS-PR-G turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
In the last month FTS-PR-G has a been trading in a tight range between 21.88 and 22.80.
FTS-PR-G has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.96
23.14
We found 2 important support areas.
- A support zone ranging from 21.93 to 22.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.16 to 20.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.68 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FTS-PR-G.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTS-PR-G.CA is up. |
| ChartMill Relative Strength | 56.78 | NEUTRAL | FTS-PR-G.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTS-PR-G.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTS-PR-G.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTS-PR-G.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.85 | NEUTRAL | The RSI value for FTS-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FTS-PR-G.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.88 | OVERBOUGHT | The high Stochastics value suggests FTS-PR-G.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for FTS-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.88 | POSITIVE | The high ADX value value for FTS-PR-G.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.92 | 22.12 | 0.80 (3.49%) | 25.00% |
| An entry @22.92. This is a Buy Stop order right above the resistance zone. | An exit @22.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.80 points, which is 3.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:FTS-PR-G (6/2/2025, 7:00:00 PM)
22.66
-0.14 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.61%
1 Week0.49%
2 Weeks1.16%
1 Month3.05%
3 Month2.58%
6 Month4.14%
12 Month8.32%
2 Year22.16%
3 Year12.18%
5 Year61.86%
10 Year6.14%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.75%
ATR Inc-28.51%
Range Today0.12
ADR(20)0.12
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.78
Mansfield-0.04
10 Day High22.8
10 Day Low22.13
20 Day High22.8
20 Day Low21.88
52 Week High23.1
52 Week Low19.87
CS1 End22.61
CR1 Start22.68
Volume & EV
DER(3)3.54%
DER(5)4.52%
Volume5.60K
Volume Incr-41.88%
Vol(5)5.23K
Vol(50)7.40K