Canada - Toronto Stock Exchange - TSX:FTS-PR-I - CA3495538181
We assign a technical rating of 6 out of 10 to FTS-PR-I. Although FTS-PR-I is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, FTS-PR-I does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 17.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTS-PR-I in the last couple of days, which is a good sign.
15.18
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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-I.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTS-PR-I.CA is up. |
| ChartMill Relative Strength | 37.99 | NEUTRAL | FTS-PR-I.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-I.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTS-PR-I.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTS-PR-I.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.27 | NEUTRAL | The RSI value for FTS-PR-I.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FTS-PR-I.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.59 | NEUTRAL | The Stochastics value for FTS-PR-I.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for FTS-PR-I.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.37 | POSITIVE | The high ADX value value for FTS-PR-I.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 18.04 | 17.51 | 0.53 (2.94%) | 25.00% |
| An entry @18.04. This is a Buy Stop order right above the resistance zone. | An exit @17.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.53 points, which is 2.94%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:FTS-PR-I (1/14/2026, 7:00:00 PM)
17.79
-0.03 (-0.17%)
ChartMill assigns a technical rating of 6 / 10 to FTS-PR-I.CA.
The current trend direction for FORTIS INC - FTSCN 3.64 PERP (FTS-PR-I.CA) is Bullish.
FORTIS INC - FTSCN 3.64 PERP (FTS-PR-I.CA) has an RSI value of 53.2656. This indicates that the stock is currently neutral.
The short term momentum for FORTIS INC - FTSCN 3.64 PERP (FTS-PR-I.CA) is positive.
FORTIS INC - FTSCN 3.64 PERP (FTS-PR-I.CA) has a support level at 17.77 and a resistance level at 17.88. Check the full technical report for our detailed analysis of FTS-PR-I.CA support and resistance levels.