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FORTIS INC - FTSCN 5.493 PERP (FTS-PR-M.CA) Stock Technical Analysis

TSX:FTS-PR-M - Toronto Stock Exchange - CA3495537688 - Currency: CAD

20.44  -0.21 (-1.02%)

Technical Rating and Analysis

1

Overall FTS-PR-M gets a technical rating of 1 out of 10. FTS-PR-M has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
FTS-PR-M is one of the lesser performing stocks in the Electric Utilities industry. 61% of 19 stocks in the same industry do better.
Warning: FTS-PR-M has an average volume of 22669 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, FTS-PR-M turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
FTS-PR-M is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month FTS-PR-M has a been trading in the 19.41 - 22.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
FORTIS INC - FTSCN 5.493 PERP / FTS-PR-M Weekly stock chart
FORTIS INC - FTSCN 5.493 PERP / FTS-PR-M Daily stock chart
Setup Rating and Analysis

8

FTS-PR-M has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTS-PR-M in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

19.29

22.12

We found 1 important support area.

  • A support zone ranging from 19.48 to 19.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 20.55 to 21.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 21.63 to 21.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.55
Mansfield0.18
10 Day High20.88
10 Day Low19.65
20 Day High22
20 Day Low19.41
52 Week High22
52 Week Low18.5
Performance
1 Week0.25%
2 Weeks4.9%
1 Month-4.75%
3 Month-5.02%
6 Month-0.92%
12 Month5.91%
2 Year18.56%
3 Year3.23%
5 Year29.86%
10 Year-17.91%
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)0.04
RSI(14)43.82
LBB19.54
UBB21.08
FORTIS INC - FTSCN 5.493 PERP / FTS-PR-M Daily stock chart

FORTIS INC - FTSCN 5.493 PERP

TSX:FTS-PR-M (4/25/2025, 7:00:00 PM)

20.44

-0.21 (-1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.02%
1 Week0.25%
2 Weeks4.9%
1 Month-4.75%
3 Month-5.02%
6 Month-0.92%
12 Month5.91%
2 Year18.56%
3 Year3.23%
5 Year29.86%
10 Year-17.91%
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%1.9%
ATR Inc-68.91%
Range Today0.21
ADR(20)0.32
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.55
Mansfield0.18
10 Day High20.88
10 Day Low19.65
20 Day High22
20 Day Low19.41
52 Week High22
52 Week Low18.5
CS1 End19.76
CR1 Start20.55
Volume & EV
DER(3)39.87%
DER(5)21.29%
Volume10.06K
Volume Incr-15.76%
Vol(5)26.30K
Vol(50)22.67K