Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
Fortis Inc. Common Shares (NYSE:FTS)
Sidelines Mode (+55) - FTS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FTS?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTS
The long-term trend has been DOWN since Jul 10th, 2023 at 41.490
The intermediate-term trend has been UP since Sep 12th, 2023 at 39.950
The short-term trend has been DOWN since Sep 19th, 2023 at 40.975
Smart Scan Analysis for FTS
Based on our trend formula, FTS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||36.76||Year High Date||2018-01-08|
|Year Low||30.88||Year Low Date||2018-06-15|
|52wk High||46.28||52wk High Date||2023-05-10|
|52wk Low||34.76||52wk Low Date||2022-10-13|
|Average Volume||668,144||Shares Outstanding||175,422|