FORTIS INC (FTS) Stock Technical Analysis
NYSE:FTS - New York Stock Exchange, Inc. - CA3495531079 - Common Stock - Currency: USD
Overall FTS gets a technical rating of 6 out of 10. Although FTS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
FTS 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 slightly outperforms the market at the moment.
When comparing the yearly performance of all stocks, we notice that FTS is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
FTS is an average performer in the Electric Utilities industry, it outperforms 53% of 46 stocks in the same industry.
In the last month FTS has a been trading in a tight range between 42.95 and 45.46.
Volume is considerably higher in the last couple of days.
FTS 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 45.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.30, a Stop Loss order could be placed below this zone.
More info and screens
37.61
46.28
3 important support areas can be observed.
- A support zone ranging from 42.83 to 44.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.48 to 41.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.26 to 45.82. 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
CRS78.04
Mansfield0.34
10 Day High44.74
10 Day Low43.19
20 Day High45.46
20 Day Low42.95
52 Week High46.06
52 Week Low36.86
Performance
1 Week1.75%
2 Weeks1.25%
1 Month2.48%
3 Month0.38%
6 Month0.13%
12 Month11.49%
2 Year4.98%
3 Year-9.8%
5 Year15.82%
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)-0.02
RSI(14)59.91
LBB43.4
UBB44.57
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 |
|---|---|---|---|
| 45.83 | 43.18 | 2.65 (5.78%) | 17.29% |
| An entry @45.83. This is a Buy Stop order right above the resistance zone. | An exit @43.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.65 points, which is 5.78%. | When investing 17.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
44.65
+0.97 (+2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg2.22%
1 Week1.75%
2 Weeks1.25%
1 Month2.48%
3 Month0.38%
6 Month0.13%
12 Month11.49%
2 Year4.98%
3 Year-9.8%
5 Year15.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%1.66%
ATR Inc26.64%
Range Today1.27
ADR(20)0.68
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.04
Mansfield0.34
10 Day High44.74
10 Day Low43.19
20 Day High45.46
20 Day Low42.95
52 Week High46.06
52 Week Low36.86
CS1 End44.3
CR1 Start45.26
Volume & EV
DER(3)-1.92%
DER(5)-0.37%
Volume886.10K
Volume Incr1.62%
Vol(5)870.02K
Vol(50)617.28K