FORTIS INC - FTSCN 4 3/4 PERP (FTS-PR-J.CA) Stock Technical Analysis
Canada - TSX:FTS-PR-J - CA3495537928
22.29 CAD
-0.09 (-0.4%)
We assign a technical rating of 6 out of 10 to FTS-PR-J. Although FTS-PR-J is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
FTS-PR-J is part of the Electric Utilities industry. There are 18 other stocks in this industry, of which 64% are performing better than FTS-PR-J.
Warning: FTS-PR-J has an average volume of 2937 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
FTS-PR-J is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTS-PR-J is lagging the market slightly.
In the last month FTS-PR-J has a been trading in the 21.75 - 23.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, FTS-PR-J outperforms 40% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, FTS-PR-J does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.23, a Stop Loss order could be placed below this zone.
More info and screens
19.69
23.33
3 important support areas can be observed.
- A support zone ranging from 21.87 to 22.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.76 to 21.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.89 to 19.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.76 to 23.10. 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-J.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTS-PR-J.CA is neutral. |
| ChartMill Relative Strength | 40.8 | NEUTRAL | FTS-PR-J.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FTS-PR-J.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTS-PR-J.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTS-PR-J.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.82 | NEUTRAL | The RSI value for FTS-PR-J.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FTS-PR-J.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.3 | NEUTRAL | The Stochastics value for FTS-PR-J.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for FTS-PR-J.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for FTS-PR-J.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)
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 |
|---|---|---|---|
| 22.49 | 21.86 | 0.63 (2.80%) | 25.00% |
| An entry @22.49. This is a Buy Stop order right above the 10 day high. | An exit @21.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.63 points, which is 2.80%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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-J (9/24/2025, 7:00:00 PM)
22.29
-0.09 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.4%
1 Week1.09%
2 Weeks-0.54%
1 Month0.72%
3 Month5.14%
6 Month6.35%
12 Month5.59%
2 Year18.88%
3 Year15.49%
5 Year-10.01%
10 Year3.43%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.98%
ATR Inc-38.17%
Range Today0.04
ADR(20)0.16
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.8
Mansfield-0.53
10 Day High22.48
10 Day Low21.75
20 Day High23.1
20 Day Low21.75
52 Week High23.1
52 Week Low19.7
CS1 End22.23
CR1 Start22.76
Volume & EV
DER(3)0%
DER(5)0%
Volume700
Volume Incr-47.4%
Vol(5)1.88K
Vol(50)2.94K