FORTIS INC (FTS)
CA3495531079 - Common Stock
We assign a technical rating of 2 out of 10 to FTS. Recently some decent action could be observed, but in the medium term time frame this is still negative. FTS was also a bad performer in the overall market in the last year.
73% of all other stocks performed better in the past year than FTS.
FTS is one of the lesser performing stocks in the Electric Utilities industry. 75% of 45 stocks in the same industry do better.
FTS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FTS is lagging the market.
In the last month FTS has a been trading in the 36.86 - 39.66 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is bad, FTS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 39.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.63, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
36.55
42.44
2 important support areas can be observed.
- A support zone ranging from 37.61 to 38.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.92 to 36.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 39.88 to 40.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.64 to 42.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.5
Mansfield-1.37
10 Day High39.45
10 Day Low36.86
20 Day High39.66
20 Day Low36.86
52 Week High46.28
52 Week Low36.3
Performance
1 Week1.53%
2 Weeks3.83%
1 Month-1.14%
3 Month-1.69%
6 Month-1.46%
12 Month-11.05%
2 Year-19.71%
3 Year-12.42%
5 Year5.57%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)53.27
LBB36.95
UBB39.84
FORTIS INC
NYSE:FTS (4/26/2024, 7:04:00 PM)
After market: 39.06 0 (0%)39.06
-0.26 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.66%
1 Week1.53%
2 Weeks3.83%
1 Month-1.14%
3 Month-1.69%
6 Month-1.46%
12 Month-11.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.64
ATR(20)%1.51%
ATR Inc
Range Today0.47
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High39.45
10 Day Low36.86
20 Day High39.66
20 Day Low36.86
52 Week High46.28
52 Week Low36.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume518.60K
Volume Incr27.41%
Vol(5)833.18K
Vol(50)883.11K