FORTIS INC (FTS.CA) Stock Technical Analysis
Canada - TSX:FTS - CA3495531079 - Common Stock
70.18 CAD
-0.13 (-0.18%)
We assign a technical rating of 7 out of 10 to FTS. 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!
FTS is one of the better performing stocks in the Electric Utilities industry, it outperforms 70% of 18 stocks in the same industry.
FTS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
FTS has an average volume of 1313070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, FTS outperforms 55% of them, which is more or less in line with the market.
In the last month FTS has a been trading in a tight range between 67.15 and 70.96.
Considerably lower volume is observed in the last couple of days.
FTS has an excellent technical rating and 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. There is a support zone below the current price at 70.14, a Stop Loss order could be placed below this zone.
More info and screens
61.88
71.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 67.28 to 70.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 70.19 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 | 55.77 | 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) | 62.93 | NEUTRAL | The RSI value for FTS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FTS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.38 | OVERBOUGHT | The high Stochastics value suggests FTS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for FTS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for FTS.CA suggests a possible start of a new 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 | 69.00 | 1.62 (2.29%) | 25.00% |
| An entry @70.62. This is a Buy Stop order right above the resistance zone. | An exit @69.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.62 points, which is 2.29%. | For a 0.57% 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 (10/9/2025, 7:00:00 PM)
70.18
-0.13 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.18%
1 Week-0.01%
2 Weeks1.7%
1 Month3.1%
3 Month8.62%
6 Month8.57%
12 Month17.48%
2 Year27.46%
3 Year32.04%
5 Year33.35%
10 Year85.42%
15 Year116.81%
Volatility
ATR(14)0.75
ATR(20)%1%
ATR Inc-23.46%
Range Today0.6
ADR(20)0.68
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.77
Mansfield-0.32
10 Day High70.96
10 Day Low69.01
20 Day High70.96
20 Day Low67.15
52 Week High71.02
52 Week Low57.98
CS1 End70.14
CR1 Start70.19
Volume & EV
DER(3)2.8%
DER(5)2.26%
Volume601.95K
Volume Incr-37.23%
Vol(5)686.40K
Vol(50)1.31M