FORTIS INC (FTS.CA) Stock Technical Analysis
TSX:FTS - CA3495531079 - Common Stock
70.05 CAD
-0.56 (-0.79%)
Taking everything into account, FTS scores 8 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 is only an average performer.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by FTS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month FTS has a been trading in the 66.32 - 71.02 range, which is quite wide. It is currently trading near the high of this range.
FTS has an average volume of 1265810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FTS turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
FTS is an average performer in the Electric Utilities industry, it outperforms 66% of 19 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, FTS also presents a decent setup pattern. 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.
More info and screens
51.07
71.32
3 important support areas can be observed.
- A support zone ranging from 65.75 to 67.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.50 to 64.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.59 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.15 to 70.61. 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTS.CA is up. |
| ChartMill Relative Strength | 56.75 | NEUTRAL | FTS.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTS.CA is above the rising 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) | 64.96 | NEUTRAL | The RSI value for FTS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FTS.CA has a negative trend. |
| Stochastics (14,3) | 76.92 | NEUTRAL | The Stochastics value for FTS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for FTS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 38.64 | POSITIVE | The high ADX value value for FTS.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)
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 |
|---|---|---|---|
| 70.62 | 68.90 | 1.72 (2.44%) | 25.00% |
| An entry @70.62. This is a Buy Stop order right above the resistance zone. | An exit @68.90. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.72 points, which is 2.44%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (8/22/2025, 7:00:00 PM)
70.05
-0.56 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.79%
1 Week-0.14%
2 Weeks0.2%
1 Month4.65%
3 Month5.59%
6 Month11.67%
12 Month17.75%
2 Year32.19%
3 Year20.9%
5 Year34.27%
10 Year96.27%
15 Year137.54%
Volatility
ATR(14)0.86
ATR(20)%1.3%
ATR Inc-25.68%
Range Today0.99
ADR(20)0.87
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.75
Mansfield0.01
10 Day High71.02
10 Day Low68.91
20 Day High71.02
20 Day Low66.32
52 Week High71.02
52 Week Low57.98
CS1 End67.41
CR1 Start70.15
Volume & EV
DER(3)-0.06%
DER(5)-0.91%
Volume1.22M
Volume Incr36.66%
Vol(5)1.92M
Vol(50)1.27M