FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) Stock Technical Analysis
TSX:FTS-PR-K - Toronto Stock Exchange - CA3495537845 - Currency: CAD
We assign a technical rating of 8 out of 10 to FTS-PR-K. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FTS-PR-K is only an average performer.
Warning: FTS-PR-K has an average volume of 7951 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
FTS-PR-K is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, FTS-PR-K outperforms 61% of them, which is more or less in line with the market.
FTS-PR-K is part of the Electric Utilities industry. There are 19 other stocks in this industry, FTS-PR-K did better than 61% of them.
In the last month FTS-PR-K has a been trading in a tight range between 21.90 and 23.08.
Volume is considerably higher in the last couple of days.
Although FTS-PR-K has an excellent technical rating, it does not offer a high 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
19.33
23.25
We found 4 important support areas.
- A support zone ranging from 21.80 to 22.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.44 from a horizontal line in the daily time frame.
- A support zone ranging from 20.72 to 21.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 19.53 to 19.87. 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 23.02 to 23.02. 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-K.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTS-PR-K.CA is up. |
| ChartMill Relative Strength | 61.6 | NEUTRAL | FTS-PR-K.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-K.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTS-PR-K.CA is above the rising 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) | 80.8 | OVERBOUGHT | The high RSI value suggests FTS-PR-K.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FTS-PR-K.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.01 | OVERBOUGHT | The high Stochastics value suggests FTS-PR-K.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.59 | LOW VOLATILITY | The low ATR as a percentage value for FTS-PR-K.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 44.84 | POSITIVE | The high ADX value value for FTS-PR-K.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)
TSX:FTS-PR-K (7/18/2025, 7:00:00 PM)
23.01
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0%
1 Week1.14%
2 Weeks4.35%
1 Month4.83%
3 Month14.48%
6 Month9.62%
12 Month15.05%
2 Year37.78%
3 Year29.71%
5 Year58.8%
10 Year7.12%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.59%
ATR Inc-57.67%
Range Today0.13
ADR(20)0.09
ADR(20)%0.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.6
Mansfield0.16
10 Day High23.08
10 Day Low21.91
20 Day High23.08
20 Day Low21.9
52 Week High23.08
52 Week Low19.02
CS1 End22.72
CR1 Start23.02
Volume & EV
DER(3)0%
DER(5)0%
Volume8.93K
Volume Incr469.06%
Vol(5)30.18K
Vol(50)7.95K