FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:FTS-PR-M - CA3495537688
Taking everything into account, FTS-PR-M scores 5 out of 10 in our technical rating. FTS-PR-M has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, FTS-PR-M 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 support zone below the current price at 24.18, a Stop Loss order could be placed below this zone.
More info and screens
19.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.85 to 24.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.30 from a horizontal line in the daily time frame.
- Support @20.57 from a trend line in the weekly time frame.
- Support @19.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.37 to 24.74. 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-M.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTS-PR-M.CA is neutral. |
| ChartMill Relative Strength | 58.66 | NEUTRAL | FTS-PR-M.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-M.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTS-PR-M.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTS-PR-M.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.28 | NEUTRAL | The RSI value for FTS-PR-M.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FTS-PR-M.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.36 | OVERSOLD | The low Stochastics value suggests FTS-PR-M.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for FTS-PR-M.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.74 | POSITIVE | The high ADX value value for FTS-PR-M.CA suggests a strong trend. |
TSX:FTS-PR-M (11/24/2025, 7:00:00 PM)
24.22
+0.2 (+0.83%)
FORTIS INC - FTSCN 5.493 PERP / FTS-PR-M.CA FAQ
Can you provide the ChartMill technical rating for FORTIS INC - FTSCN 5.493 PERP?
ChartMill assigns a technical rating of 5 / 10 to FTS-PR-M.CA.
Can you provide the trend direction for FORTIS INC - FTSCN 5.493 PERP?
The current trend direction for FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) is Bullish.
What is the RSI signal for FTS-PR-M stock?
FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) has an RSI value of 48.2784. This indicates that the stock is currently neutral.
What is the MACD signal for FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) stock?
The MACD indicator for FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) has a value of -0.0741933, indicating a bearish trend.
What is the short term momentum for FTS-PR-M stock?
The short term momentum for FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) is neutral.