FORTIS INC (FTS.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:FTS - CA3495531079 - Common Stock
We assign a technical rating of 2 out of 10 to FTS. FTS has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of FTS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
61.88
When analyzing the support we can see 5 important areas.
- Support @69.22 from a trend line in the weekly time frame.
- Support @67.64 from a horizontal line in the daily time frame.
- Support @65.96 from a trend line in the daily time frame.
- A support zone ranging from 63.96 to 64.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 70.98 to 73.74. 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.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTS.CA is down. |
| ChartMill Relative Strength | 56.62 | NEUTRAL | FTS.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTS.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.75 | OVERSOLD | The low RSI value suggests FTS.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests FTS.CA has a negative trend. |
| Stochastics (14,3) | 3.56 | OVERSOLD | The low Stochastics value suggests FTS.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for FTS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.24 | NEUTRAL | The ADX value for FTS.CA suggests a possible start of a new trend. |
TSX:FTS (12/9/2025, 7:00:00 PM)
69.62
-0.54 (-0.77%)
FORTIS INC / FTS.CA FAQ
What is the technical rating for FTS stock?
ChartMill assigns a technical rating of 4 / 10 to FTS.CA.
Can you provide the trend direction for FORTIS INC?
The current trend direction for FORTIS INC (FTS.CA) is Bullish.
Can you provide the RSI signal for FORTIS INC?
FORTIS INC (FTS.CA) has an RSI value of 29.7473. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for FORTIS INC?
The buy/sell signal for FORTIS INC (FTS.CA) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for FORTIS INC (FTS.CA) stock?
FORTIS INC (FTS.CA) has a support level at 69.22 and a resistance level at 70.98. Check the full technical report for our detailed analysis of FTS.CA support and resistance levels.