FORTIS INC (FTS.CA) Stock Technical Analysis
TSX:FTS - Toronto Stock Exchange - CA3495531079 - Common Stock - Currency: CAD
Overall FTS gets a technical rating of 3 out of 10. In the last year, FTS was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
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 1872970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, FTS outperforms 64% of them, which is more or less in line with the market.
FTS is an average performer in the Electric Utilities industry, it outperforms 61% of 19 stocks in the same industry.
In the last month FTS has a been trading in a tight range between 64.06 and 67.47.
FTS has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
51.07
69.53
We found 4 important support areas.
- A support zone ranging from 63.44 to 63.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 61.89 to 61.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 58.14 to 59.74. 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 65.46 to 66.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 67.34 to 67.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @68.84 from a horizontal line in the daily time frame.
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 | 64 | 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) | 39.46 | NEUTRAL | The RSI value for FTS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests FTS.CA has a negative trend. |
| Stochastics (14,3) | 17.01 | OVERSOLD | The low Stochastics value suggests FTS.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for FTS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.1 | NEGATIVE | The low ADX value for FTS.CA suggests a weak or negative 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)
TSX:FTS (6/11/2025, 7:00:00 PM)
64.76
-0.17 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.26%
1 Week-1.74%
2 Weeks-2.23%
1 Month-0.2%
3 Month0.36%
6 Month7.47%
12 Month20.62%
2 Year13.43%
3 Year6.43%
5 Year25.43%
10 Year84.61%
15 Year138.26%
Volatility
ATR(14)0.82
ATR(20)%1.32%
ATR Inc-37.4%
Range Today0.56
ADR(20)0.84
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64
Mansfield0.01
10 Day High67.28
10 Day Low64.28
20 Day High67.47
20 Day Low64.06
52 Week High69.24
52 Week Low52.19
CS1 End63.64
CR1 Start65.46
Volume & EV
DER(3)0.12%
DER(5)0.66%
Volume1.58M
Volume Incr-22.48%
Vol(5)1.57M
Vol(50)1.87M