FORTIS INC (FTS.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:FTS - CA3495531079 - Common Stock
We assign a technical rating of 6 out of 10 to FTS. Although FTS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- FTS is one of the better performing stocks in the Electric Utilities industry, it outperforms 82% of 18 stocks in the same industry.
- FTS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTS is lagging the market slightly.
- FTS has an average volume of 1719590 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 51% of all stocks.
- In the last month FTS has a been trading in a tight range between 69.71 and 73.28.
Although the technical rating is only medium, FTS 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 71.81, a Stop Loss order could be placed below this zone.
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63.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 69.99 to 71.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.59 to 67.64. This zone is formed by a combination of multiple trend lines 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 72.34 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 | UP | POSITIVE | The short term trend for FTS.CA is up. |
| ChartMill Relative Strength | 51.05 | 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) | DOWN | MIXED | The current price of FTS.CA is above 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) | 55.59 | NEUTRAL | The RSI value for FTS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests FTS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.6 | NEUTRAL | The Stochastics value for FTS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for FTS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.95 | NEGATIVE | The low ADX value for FTS.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 |
|---|---|---|---|
| 72.35 | 71.27 | 1.08 (1.49%) | 25.00% |
| An entry @72.35. This is a Buy Stop order right above the 10 day moving average. | An exit @71.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.08 points, which is 1.49%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FTS. Please evaluate whether better entry and exit points can be found.
- 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 (1/28/2026, 7:00:00 PM)
72.32
-0.59 (-0.81%)
FORTIS INC / FTS.CA FAQ
What is the technical rating for FTS stock?
ChartMill assigns a technical rating of 6 / 10 to FTS.CA.
What is the current trend direction of FORTIS INC (FTS.CA) stock?
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 55.5921. This indicates that the stock is currently neutral.
What is the MACD signal for FTS stock?
The MACD indicator for FORTIS INC (FTS.CA) has a value of 0.0780833, indicating a bearish trend.
What is the buy/sell signal for FTS stock?
The buy/sell signal for FORTIS INC (FTS.CA) is buy as both the short term and long term trends are positive.