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 6 out of 10 in our technical rating. 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 14349 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-M is one of the better performing stocks in the Electric Utilities industry, it outperforms 70% of 18 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.
- 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 50% of all stocks.
- In the last month FTS-PR-M has a been trading in a tight range between 24.61 and 25.00.
- Considerably lower volume is observed in the last couple of days.
FTS-PR-M has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.86, a Stop Loss order could be placed below this zone.
More info and screens
19.55
We found 4 important support areas.
- A support zone ranging from 24.62 to 24.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.85 to 24.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.80 from a trend line in the weekly time frame.
- Support @19.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.91 to 25.00. 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 | NEUTRAL | NEUTRAL | The short term trend for FTS-PR-M.CA is neutral. |
| ChartMill Relative Strength | 50.9 | 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) | 56.55 | NEUTRAL | The RSI value for FTS-PR-M.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FTS-PR-M.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.17 | NEUTRAL | The Stochastics value for FTS-PR-M.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for FTS-PR-M.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 6.98 | NEGATIVE | The low ADX value for FTS-PR-M.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 25.01 | 24.61 | 0.40 (1.60%) | 25.00% |
| An entry @25.01. This is a Buy Stop order right above the resistance zone. | An exit @24.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.40 points, which is 1.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.40%. |
- 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-M (1/30/2026, 7:00:00 PM)
24.9
+0.2 (+0.81%)
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 6 / 10 to FTS-PR-M.CA.
What is the current trend direction of FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) stock?
The current trend direction for FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) is Bullish.
Can you provide the RSI signal for FORTIS INC - FTSCN 5.493 PERP?
FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) has an RSI value of 56.5523. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FORTIS INC - FTSCN 5.493 PERP?
The MACD indicator for FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) has a value of -0.00924849, indicating a bearish trend.
Can you provide the support and resistance levels for FORTIS INC - FTSCN 5.493 PERP?
FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) has a support level at 24.86 and a resistance level at 24.91. Check the full technical report for our detailed analysis of FTS-PR-M.CA support and resistance levels.