FORTIS INC - FTSCN 5.469 PERP (FTS-PR-K.CA) Stock Technical Analysis
TSX:FTS-PR-K - Toronto Stock Exchange - CA3495537845 - Currency: CAD
Taking everything into account, FTS-PR-K scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: FTS-PR-K has an average volume of 5288 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, FTS-PR-K did better than 70% of all other stocks.
FTS-PR-K is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so FTS-PR-K slightly outperforms the market at the moment.
FTS-PR-K is part of the Electric Utilities industry. There are 19 other stocks in this industry, FTS-PR-K did better than 61% of them.
In the last month FTS-PR-K has a been trading in a tight range between 20.64 and 21.50.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, FTS-PR-K does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.98, 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
18.19
21.65
We found 4 important support areas.
- A support zone ranging from 20.87 to 20.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.22 to 20.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.53 to 19.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @18.37 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.06 to 21.44. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS70.53
Mansfield0.18
10 Day High21.14
10 Day Low20.64
20 Day High21.5
20 Day Low20.64
52 Week High21.5
52 Week Low18.12
Performance
1 Week0.19%
2 Weeks0.05%
1 Month-0.85%
3 Month6.81%
6 Month1.06%
12 Month12.29%
2 Year30.8%
3 Year0.67%
5 Year60.34%
10 Year-11.61%
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)-0.01
RSI(14)50.73
LBB20.72
UBB21.21
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 |
|---|---|---|---|
| 21.15 | 20.86 | 0.29 (1.37%) | 25.00% |
| An entry @21.15. This is a Buy Stop order right above the 10 day high. | An exit @20.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.29 points, which is 1.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%. |
- 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-PR-K (3/7/2025, 7:00:00 PM)
21.02
+0.12 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.57%
1 Week0.19%
2 Weeks0.05%
1 Month-0.85%
3 Month6.81%
6 Month1.06%
12 Month12.29%
2 Year30.8%
3 Year0.67%
5 Year60.34%
10 Year-11.61%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.9%
ATR Inc-4.43%
Range Today0.12
ADR(20)0.14
ADR(20)%0.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.53
Mansfield0.18
10 Day High21.14
10 Day Low20.64
20 Day High21.5
20 Day Low20.64
52 Week High21.5
52 Week Low18.12
CS1 End20.98
CR1 Start21.06
Volume & EV
DER(3)0%
DER(5)0%
Volume8.53K
Volume Incr-53.98%
Vol(5)2.89K
Vol(50)5.29K