Technical Analysis for FTS - Fortis Inc.

Grade Last Price % Change Price Change
A 44.04 -0.23% -0.10
FTS closed down 0.23 percent on Wednesday, April 14, 2021, on 72 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical FTS trend table...

Date Alert Name Type % Chg
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.23%
180 Bullish Setup Bullish Swing Setup -0.23%
Expansion Breakout Bullish Swing Setup -0.23%
Pocket Pivot Bullish Swing Setup -0.23%
Reversal New Highs Setup Bullish Swing Setup -0.23%
New 52 Week High Strength -0.23%
Older End-of-Day Signals for FTS ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Reversal New Highs Entry about 18 hours ago
Bullish 180 Entry about 18 hours ago
Rose Above Previous Day's High about 18 hours ago
New 52 Week High about 21 hours ago
Possible Pocket Pivot 1 day ago
View Earlier Intraday Alerts

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Profile

Fortis Inc. Description

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean. It generates, transmits, and distributes electricity to approximately 417,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area in Pima county, as well as parts of Cochise county approximately 94,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 2,799 megawatts (MW) comprising 54 MW of solar capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 64 MW; and distributes natural gas to approximately 982,000 customers in approximately 135 communities in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 539,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador serving approximately 262,000 customers with an installed generating capacity of 139 MW, including 97 MW is hydroelectric generation; and on Prince Edward Island serving approximately 78,000 customers through generating facilities with a combined capacity of 150 MW. Additionally, it provides integrated electric utility service to approximately 65,000 customers in Fort Erie, Cornwall, Gananoque, Port Colborne and the District of Algoma in Ontario; approximately 28,000 customers on Grand Cayman, Cayman Islands; and approximately 14,000 customers on certain islands in Turks and Caicos, as well as holds long-term contracted generation assets in British Columbia and Belize. Fortis Inc. was founded in 1977 and is based in St. John's, Canada.


Classification

Sector: Utilities
Industry: Utilities - Regulated Electric
Keywords: Natural Gas Electricity S&P/Tsx 60 Index Electric Power Electric Utility Gas Utility Icos Wholesale Electricity Electricity Distribution Puget Sound Energy

Is FTS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 44.2
52 Week Low 35.53
Average Volume 386,739
200-Day Moving Average 40.76
50-Day Moving Average 41.60
20-Day Moving Average 43.36
10-Day Moving Average 43.72
Average True Range 0.46
ADX 44.57
+DI 29.42
-DI 9.00
Chandelier Exit (Long, 3 ATRs ) 42.82
Chandelier Exit (Short, 3 ATRs ) 43.36
Upper Bollinger Band 44.31
Lower Bollinger Band 42.42
Percent B (%b) 0.86
BandWidth 4.35
MACD Line 0.67
MACD Signal Line 0.71
MACD Histogram -0.035
Fundamentals Value
Market Cap 20.48 Billion
Num Shares 465 Million
EPS 1.73
Price-to-Earnings (P/E) Ratio 25.52
Price-to-Sales 2.74
Price-to-Book 1.41
PEG Ratio 0.00
Dividend 1.54
Dividend Yield 3.50%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.40
Resistance 3 (R3) 44.41 44.31 44.34
Resistance 2 (R2) 44.31 44.21 44.30 44.32
Resistance 1 (R1) 44.17 44.16 44.24 44.16 44.30
Pivot Point 44.07 44.07 44.10 44.06 44.07
Support 1 (S1) 43.93 43.97 44.00 43.92 43.78
Support 2 (S2) 43.83 43.92 43.82 43.76
Support 3 (S3) 43.69 43.83 43.74
Support 4 (S4) 43.68