FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) Stock Technical Analysis
Canada - TSX:FTS-PR-K - CA3495537845
22.83 CAD
-0.08 (-0.35%)
We assign a technical rating of 3 out of 10 to FTS-PR-K. FTS-PR-K was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, FTS-PR-K is a bad performer in the overall market: 63% of all stocks are doing better.
FTS-PR-K is one of the lesser performing stocks in the Electric Utilities industry. 94% of 18 stocks in the same industry do better.
Warning: FTS-PR-K has an average volume of 6778 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-K 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-K is lagging the market slightly.
In the last month FTS-PR-K has a been trading in a tight range between 22.42 and 23.05.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FTS-PR-K 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 22.75, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.47
23.52
We found 5 important support areas.
- A support zone ranging from 22.52 to 22.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.01 from a horizontal line in the daily time frame.
- Support @21.44 from a horizontal line in the daily time frame.
- Support @20.06 from a trend line in the weekly time frame.
- Support @19.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.83 to 23.29. This zone is formed by a combination of multiple trend lines and important moving averages 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-K.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTS-PR-K.CA is neutral. |
| ChartMill Relative Strength | 37.36 | NEUTRAL | FTS-PR-K.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTS-PR-K.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTS-PR-K.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTS-PR-K.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.07 | NEUTRAL | The RSI value for FTS-PR-K.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FTS-PR-K.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.31 | NEUTRAL | The Stochastics value for FTS-PR-K.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for FTS-PR-K.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.93 | NEGATIVE | The low ADX value for FTS-PR-K.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-K (10/15/2025, 7:00:00 PM)
22.83
-0.08 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.35%
1 Week-0.35%
2 Weeks-0.65%
1 Month-0.26%
3 Month-0.78%
6 Month13.58%
12 Month9.23%
2 Year35.17%
3 Year34.61%
5 Year50.99%
10 Year19.28%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.54%
ATR Inc-15.03%
Range Today0.08
ADR(20)0.1
ADR(20)%0.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.36
Mansfield-0.37
10 Day High23.05
10 Day Low22.77
20 Day High23.05
20 Day Low22.42
52 Week High23.3
52 Week Low19.02
CS1 End22.75
CR1 Start22.83
Volume & EV
DER(3)0%
DER(5)0%
Volume7.89K
Volume Incr-10.96%
Vol(5)3.13K
Vol(50)6.78K