FORTIS INC - FTSCN 4.09 PERP (FTS-PR-I.CA) Stock Technical Analysis
TSX:FTS-PR-I - Toronto Stock Exchange - CA3495538181 - Currency: CAD
Taking everything into account, FTS-PR-I scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. FTS-PR-I was also a bad performer in the overall market in the last year.
69% of all other stocks performed better in the past year than FTS-PR-I.
FTS-PR-I is one of the lesser performing stocks in the Electric Utilities industry. 94% of 19 stocks in the same industry do better.
Warning: FTS-PR-I has an average volume of 2671 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
FTS-PR-I is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
FTS-PR-I is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FTS-PR-I is lagging the market slightly.
The technical rating of FTS-PR-I is bad and it also does not present a quality setup 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
15.18
17.90
2 important support areas can be observed.
- A support zone ranging from 16.20 to 16.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.33 to 15.39. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.57 to 16.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.30 to 17.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.72 to 17.72. 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 | NEUTRAL | NEUTRAL | The long term trend for FTS-PR-I.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTS-PR-I.CA is up. |
| ChartMill Relative Strength | 31.98 | 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) | DOWN | MIXED | The current price of FTS-PR-I.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTS-PR-I.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.37 | NEUTRAL | The RSI value for FTS-PR-I.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FTS-PR-I.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.97 | NEUTRAL | The Stochastics value for FTS-PR-I.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for FTS-PR-I.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.09 | NEGATIVE | The low ADX value for FTS-PR-I.CA suggests a weak or negative 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)
TSX:FTS-PR-I (5/26/2025, 7:00:00 PM)
16.4
-0.21 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.26%
1 Week-1.97%
2 Weeks-0.49%
1 Month3.73%
3 Month0.99%
6 Month1.3%
12 Month-4.04%
2 Year12.71%
3 Year4.59%
5 Year79.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.82%
ATR Inc49.69%
Range Today0.21
ADR(20)0.08
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.98
Mansfield-0.34
10 Day High16.89
10 Day Low16.38
20 Day High16.89
20 Day Low15.75
52 Week High17.73
52 Week Low14.72
CS1 End16.35
CR1 Start16.57
Volume & EV
DER(3)0%
DER(5)0%
Volume700
Volume Incr-88.27%
Vol(5)286.4
Vol(50)2.67K