FTS technical analysis
FTS Technical Analysis
Analysis date
August 7, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
FTS Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- FTS
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 56.30 | August 5, 2026 | - | Verified |
| Verification series | 56.30 | August 5, 2026 | 0.00% | Verified |
Bottom line
FTS Technical Analysis Summary
FTS (Fortis Inc.) shows a longer-term uptrend with a short-term daily pullback. On the weekly chart, price at 57.00 sits above the rising SMA20 (56.57), SMA50 (53.49), and SMA200 (42.82), confirming an intact uptrend, though the last completed week fell 3.13% with a barely negative MACD histogram (-0.06). The daily chart is more cautious: price at 56.30 has pulled back below SMA20 (57.72) and SMA50 (56.98) but remains above SMA200 (54.32). Daily RSI at 39.81 sits below the 50 midline, and the daily MACD line (-0.11) is below its signal line (0.17) with a negative histogram (-0.28), reflecting the recent correction. Near-term support sits at 56.10 (20-day low), reinforced by the SMA200 at 54.32 and the 60-day low at 54.20. Resistance is at the SMA50/SMA20 zone of 56.98 to 57.72, then the 20-day and 60-day high near 59.40, which also matches the 52-week high. A reclaim of the SMA20 at 57.72 would signal that the pullback has stabilized, while a daily close below the SMA200 at 54.32 would point to a deeper correction.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed. Price at 56.30 trades below SMA20 (57.72, -2.46%) and SMA50 (56.98, -1.19%) but remains above SMA200 (54.32, +3.65%). The SMA20 and SMA50 still sit above SMA200, so the medium-term structure is positive, but price has broken below the two shorter averages over the past month, and the 20-period return of -2.39% confirms the near-term pullback.
- Momentum
- Bearish-leaning. RSI14 at 39.81 sits below the 50 midline, showing weak momentum that is approaching but not yet oversold. The MACD line at -0.11 is below the signal line at 0.17, and the histogram at -0.28 is clearly negative, reflecting a recent bearish crossover as price corrected from the July highs.
- Volatility
- Low to moderate. ATR14 at 0.87 equals about 1.55% of price, reflecting the contained daily swings typical of a regulated utility. Bollinger Bands (56.21 to 59.23) are moderately wide, and price at 56.30 is pressing toward the lower band, consistent with the current corrective phase.
- Volume
- Above average. Latest volume of 1,060,300 is about 1.39 times the 20-day average (761,440), indicating increased participation during the pullback. Higher volume on down days warrants caution and suggests the correction is being absorbed by real selling rather than fading quietly.
Assessment
The daily chart shows a corrective pullback from the late-July high near 59.40 back below the SMA20 and SMA50. Price still holds above SMA200 support at 54.32, which keeps the longer-term structure constructive, but the falling RSI, the negative MACD histogram, and above-average volume on the decline point to a real near-term correction rather than a quiet pause. The key zone to watch is SMA200 at 54.32 and the 60-day low at 54.20. A reclaim of SMA20 at 57.72 on rising volume would be the first sign that the pullback has stabilized.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 57.00 is above the rising SMA20 (56.57), SMA50 (53.49), and SMA200 (42.82), with the averages stacked in a rising alignment. The last completed week posted a 3.13% decline, but the pullback is happening within a structure where the SMA20, SMA50, and SMA200 all continue to slope upward.
- Momentum
- Neutral to positive. RSI14 at 54.62 sits just above the 50 midline, indicating balanced momentum on the weekly scale. The MACD line at 1.27 is above the signal line at 1.33 only marginally, and the histogram at -0.06 is barely negative, signaling a very mild loss of upside momentum rather than a bearish reversal.
- Volatility
- Moderate. ATR14 at 1.88 equals about 3.31% of price, reflecting normal weekly ranges for a utility stock. Bollinger Bands (54.17 to 58.98) are moderately wide, with price at 57.00 sitting in the upper half of the band range after pulling back from near the upper band.
- Volume
- Above average. Latest weekly volume of 4,522,500 is about 1.23 times the 20-week average (3,664,375), showing continued participation. The higher volume during the corrective week suggests profit taking, but it has not broken the uptrend structure.
Assessment
The weekly chart keeps the uptrend intact, with price above all three major moving averages and the averages in a rising stack. The 3.13% decline in the last completed week is a normal correction within that uptrend, and the RSI still sits slightly above 50 with the MACD histogram only marginally negative. The SMA20 at 56.57 is the key near-term level; a close back above it would confirm that the pullback remains shallow, while the broader trend stays constructive as long as price holds above the SMA50 at 53.49.
Key indicators
FTS Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 39.81 | 54.62 |
| MACD (12, 26, 9) | -0.11 / 0.17 / -0.28 | 1.27 / 1.33 / -0.06 |
| ATR (14) | 0.87 (1.55%) | 1.88 (3.31%) |
| Bollinger Bands (20, 2) | 56.21 - 59.23 | 54.17 - 58.98 |
| SMA (20) | 57.72 | 56.57 |
| SMA (50) | 56.98 | 53.49 |
| SMA (200) | 54.32 | 42.82 |
Price structure
FTS Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 56.30 | 57.00 |
| 1-Period Return | -0.49% | -3.13% |
| 5-Period Return | -2.19% | -2.08% |
| 20-Period Return | -2.39% | -1.21% |
| 60-Period Return | +1.21% | +23.07% |
| 252-Period Return | +14.43% | +53.17% |
| 52-Week Low | 47.84 | 47.84 |
| 52-Week High | 59.40 | 59.40 |
| 52-Week Position | 73.18% | 79.24% |
Key levels
FTS Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 59.40 | 59.40 |
| 20-Period Low | 56.10 | 54.20 |
| 60-Period High | 59.40 | 59.40 |
| 60-Period Low | 54.20 | 45.29 |
Scenarios
FTS Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims and holds above the daily SMA20/SMA50 zone near 56.98 to 57.72 with rising volume, then builds toward the 20-day high at 59.40.
Invalidation
A daily close back below the 20-day low at 56.10 on above-average volume, signaling that the pullback is extending.
What to watch
Watch for daily RSI recovering above 50, the MACD histogram turning less negative, and volume picking up on up days as price approaches the SMA20.
Range-Bound
Trigger
Price continues to oscillate between SMA200 support near 54.32 and the 20-day high at 59.40, with volume normalizing after the recent spike.
Invalidation
A decisive close above 59.40 or below 54.20 with conviction.
What to watch
Monitor whether the daily RSI holds in the 35 to 55 range, whether Bollinger Band width compresses, and whether volume returns toward the 20-day average.
Bearish
Trigger
A daily close below SMA200 at 54.32 and the 60-day low at 54.20, with daily RSI falling toward 30 and the MACD histogram deepening.
Invalidation
A strong reversal day with above-average volume that closes back above the SMA200 at 54.32.
What to watch
If 54.20 breaks, the next reference zone is the 52-week low near 47.84; also watch whether the weekly MACD histogram turns more negative and whether the weekly price loses the SMA50 at 53.49.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Past performance and historical patterns are not indicative of future results. All investments carry risk, including the potential loss of principal. Fortis Inc. (FTS) is a publicly traded utility holding company listed on the New York Stock Exchange. Readers should conduct their own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 7, 2026.
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