Technical Analysis for FTS - Fortis Inc.

Grade Last Price % Change Price Change
B 53.650 0.52% 0.280
FTS closed up 0.52 percent on Wednesday, April 24, 2024, on 88 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 1
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
200 DMA Resistance Bearish 0.52%
NR7 Range Contraction 0.52%
Narrow Range Bar Range Contraction 0.52%
Stochastic Reached Overbought Strength 0.52%
Overbought Stochastic Strength 0.52%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 16 hours ago
Outside Day about 16 hours ago
Rose Above 200 DMA about 17 hours ago
200 DMA Resistance about 18 hours ago
Fell Below Previous Day's Low about 18 hours ago

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Profile

Fortis Inc. Description

Fortis Inc. is a Canada-based electric and gas utility holding company. The Company's segments include Regulated Utilities and Non-Regulated Utilities. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-the United States, which consists of ITC Holdings Corp. (ITC Holdings), UNS Energy Corporation and Central Hudson Gas & Electric Corporation (Central Hudson); Gas & Electric Utilities-Canadian, which consists of FortisAlberta Inc. (FortisAlberta), FortisBC Energy Inc. (FortisBC Energy), FortisBC Inc. (FortisBC Electric) and Newfoundland Power Inc. (Newfoundland Power); Electric Utilities-Caribbean, which includes its ownership interest in Caribbean Utilities Company, Ltd., Fortis Turks and Caicos, and its investment in Belize Electricity Limited. The Non-Regulated Utilities segment consists of Non-Regulated-Energy Infrastructure, which comprises long-term generation assets in British Columbia and Belize, and the Aitken Creek natural gas storage facility.


Classification

Sector: Utilities
Industry: Utilities - Regulated Electric
Keywords: Energy Natural Gas Infrastructure Storage Utilities Electricity Energy Infrastructure Hudson Gas Storage Natural Gas Storage Gas Storage Facility Utilities Segment Bc Hydro Caribbean Utilities Fortis Fortis Inc. Gas Utilities Gas Utility

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 59.4786
52 Week Low 48.7492
Average Volume 1,691,778
200-Day Moving Average 53.483
50-Day Moving Average 53.019
20-Day Moving Average 52.787
10-Day Moving Average 52.438
Average True Range 0.662
RSI (14) 58.85
ADX 15.59
+DI 23.868
-DI 23.535
Chandelier Exit (Long, 3 ATRs) 51.983
Chandelier Exit (Short, 3 ATRs) 53.007
Upper Bollinger Bands 54.212
Lower Bollinger Band 51.362
Percent B (%b) 0.8
BandWidth 5.398
MACD Line -0.038
MACD Signal Line -0.195
MACD Histogram 0.1572
Fundamentals Value
Market Cap 24.95 Billion
Num Shares 465 Million
EPS 2.65
Price-to-Earnings (P/E) Ratio 20.23
Price-to-Sales 2.74
Price-to-Book 1.41
PEG Ratio 3.32
Dividend 2.02
Dividend Yield 3.77%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 54.730
Resistance 3 (R3) 54.657 54.223 54.550
Resistance 2 (R2) 54.223 53.948 54.260 54.490
Resistance 1 (R1) 53.937 53.778 54.080 54.010 54.430
Pivot Point 53.503 53.503 53.575 53.540 53.503
Support 1 (S1) 53.217 53.228 53.360 53.290 52.870
Support 2 (S2) 52.783 53.058 52.820 52.810
Support 3 (S3) 52.497 52.783 52.750
Support 4 (S4) 52.570