FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) Stock Technical Analysis
TSX:FTS-PR-M - Toronto Stock Exchange - CA3495537688 - Currency: CAD
We assign a technical rating of 8 out of 10 to FTS-PR-M. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FTS-PR-M is only an average performer.
Warning: FTS-PR-M has an average volume of 13018 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
FTS-PR-M is one of the better performing stocks in the Electric Utilities industry, it outperforms 77% of 19 stocks in the same industry.
FTS-PR-M is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FTS-PR-M has a been trading in the 22.63 - 24.09 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, FTS-PR-M turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
FTS-PR-M has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
19.55
24.23
4 important support areas can be observed.
- A support zone ranging from 23.55 to 23.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.63 from a horizontal line in the daily time frame.
- Support @21.19 from a horizontal line in the daily time frame.
- A support zone ranging from 19.75 to 20.14. 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 23.91 to 23.99. 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-M.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTS-PR-M.CA is up. |
| ChartMill Relative Strength | 67.31 | NEUTRAL | FTS-PR-M.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-M.CA is above the rising 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) | 68.34 | NEUTRAL | The RSI value for FTS-PR-M.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FTS-PR-M.CA has a negative trend. |
| Stochastics (14,3) | 68.39 | NEUTRAL | The Stochastics value for FTS-PR-M.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.88 | LOW VOLATILITY | The low ATR as a percentage value for FTS-PR-M.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 61.7 | POSITIVE | The high ADX value value for FTS-PR-M.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-M (7/28/2025, 7:00:00 PM)
23.86
+0.04 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.17%
1 Week0.46%
2 Weeks1.84%
1 Month4.15%
3 Month14.22%
6 Month9.9%
12 Month20.81%
2 Year40.35%
3 Year25.78%
5 Year46.02%
10 Year3.42%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.88%
ATR Inc-50.62%
Range Today0.07
ADR(20)0.19
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.31
Mansfield0.26
10 Day High24.09
10 Day Low23.4
20 Day High24.09
20 Day Low22.63
52 Week High24.09
52 Week Low19.41
CS1 End23.82
CR1 Start23.91
Volume & EV
DER(3)0%
DER(5)0%
Volume5.05K
Volume Incr-53.05%
Vol(5)5.57K
Vol(50)13.02K