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.
FTS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 72.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 71.51, a Stop Loss order could be placed below this zone.
63.32
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for FTS.CA is neutral. |
| ChartMill Relative Strength | 52.43 | 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) | 54.81 | NEUTRAL | The RSI value for FTS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests FTS.CA has a positive trend. |
| Stochastics (14,3) | 76.88 | NEUTRAL | The Stochastics value for FTS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for FTS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.79 | 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 |
|---|---|---|---|
| 72.16 | 69.70 | 2.46 (3.41%) | 25.00% |
| An entry @72.16. This is a Buy Stop order right above the 10 day high. | An exit @69.70. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.46 points, which is 3.41%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:FTS (1/9/2026, 7:00:00 PM)
71.63
+0.05 (+0.07%)
ChartMill assigns a technical rating of 6 / 10 to FTS.CA.
The current trend direction for FORTIS INC (FTS.CA) is Bullish.
FORTIS INC (FTS.CA) has an RSI value of 54.8136. This indicates that the stock is currently neutral.
The MACD indicator for FORTIS INC (FTS.CA) has a value of 0.135819, indicating a bearish trend.