FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) Stock Technical Analysis
TSX:FTS-PR-M - Toronto Stock Exchange - CA3495537688 - Currency: CAD
Overall FTS-PR-M gets a technical rating of 6 out of 10. In the last year, FTS-PR-M was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: FTS-PR-M has an average volume of 23898 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, FTS-PR-M did better than 70% of all other stocks. On top of that, FTS-PR-M also shows a nice and consistent pattern of rising prices.
FTS-PR-M 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-M slightly outperforms the market at the moment.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
FTS-PR-M is an average performer in the Electric Utilities industry, it outperforms 50% of 19 stocks in the same industry.
In the last month FTS-PR-M has a been trading in a tight range between 21.18 and 21.68.
Considerably lower volume is observed in the last couple of days.
FTS-PR-M 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 21.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.34, a Stop Loss order could be placed below this zone.
More info and screens
19.55
21.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.26 to 21.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.27 to 20.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.42 to 21.71. 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
CRS70.44
Mansfield0.21
10 Day High21.57
10 Day Low21.18
20 Day High21.68
20 Day Low21.18
52 Week High21.78
52 Week Low18.45
Performance
1 Week-0.23%
2 Weeks-0.65%
1 Month-1.39%
3 Month4.5%
6 Month4.1%
12 Month14.48%
2 Year26.33%
3 Year-5.45%
5 Year44.75%
10 Year-14.6%
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)-0.02
RSI(14)47.89
LBB21.16
UBB21.57
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 |
|---|---|---|---|
| 21.72 | 21.25 | 0.47 (2.16%) | 25.00% |
| An entry @21.72. This is a Buy Stop order right above the resistance zone. | An exit @21.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.47 points, which is 2.16%. | For a 0.54% 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-PR-M (3/7/2025, 7:00:00 PM)
21.35
+0.1 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.47%
1 Week-0.23%
2 Weeks-0.65%
1 Month-1.39%
3 Month4.5%
6 Month4.1%
12 Month14.48%
2 Year26.33%
3 Year-5.45%
5 Year44.75%
10 Year-14.6%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.84%
ATR Inc5.41%
Range Today0.09
ADR(20)0.16
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.44
Mansfield0.21
10 Day High21.57
10 Day Low21.18
20 Day High21.68
20 Day Low21.18
52 Week High21.78
52 Week Low18.45
CS1 End21.34
CR1 Start21.42
Volume & EV
DER(3)-7.46%
DER(5)-5.84%
Volume9.87K
Volume Incr-71.22%
Vol(5)6.99K
Vol(50)23.90K