Stock Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Fortis Inc (TSE:FTS)
Long-Term Downtrend (-90) - FTS is in a strong downtrend that is likely to continue. While FTS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Dec 2nd, 2020 at 51.30
The intermediate-term trend has been DOWN since Nov 30th, 2020 at 52.69
The short-term trend has been DOWN since Nov 13th, 2020 at 54.37
Smart Scan Analysis for FTS
Based on our trend formula, FTS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||47.06||Year High Date||2018-11-16|
|Year Low||39.38||Year Low Date||2018-02-15|
|52wk High||47.96||52wk High Date||2017-12-01|
|52wk Low||39.38||52wk Low Date||2018-02-15|
|Year End Close||34.22||Average Volume||1,306,091|