FTS technical analysis

FTS Technical Analysis

Analysis date

July 18, 2026

Market

NYSE (USD)

Daily cutoff

July 17, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

FTS Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
FTS
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 17, 2026

No adjustment factor applied (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)46.25July 17, 2026-Verified
Finviz (independent)46.25July 17, 2026 (previous close)0.00%Verified

Bottom line

FTS Technical Analysis Summary

FTS (Fortis Inc.) shows a stable but slightly weakening technical structure across daily and weekly timeframes, consistent with its profile as a regulated utility holding company. On the daily chart, price at 46.25 trades above SMA200 (44.86) but below SMA20 (46.58) and SMA50 (46.72), creating a mixed near-term picture where long-term support holds but short-term momentum has softened. RSI14 at 44.82 is in neutral-bearish territory, indicating mild selling pressure without extreme conditions. The daily MACD histogram at -0.05 is slightly negative, reflecting weak downside momentum. On the weekly chart, price at 46.04 is above SMA50 (45.88) and SMA200 (43.53) but trades just below SMA20 (46.20), reflecting the near-term pullback within an otherwise intact longer-term uptrend. Weekly RSI at 48.12 is near the midline, indicating neutral momentum. Key support rests at 45.14 (20-day low) and 43.38 (52-week low). Resistance sits at 47.51 (20-day high) and the SMA50/SMA20 zone near 46.58-46.72. A move above 47.51 would suggest renewed short-term strength; a breakdown below 45.14 would open the path toward the 52-week low.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 17, 2026)

Trend
Mixed-to-bearish. Price at 46.25 trades below SMA20 (46.58, -0.71%) and SMA50 (46.72, -1.01%) but remains above SMA200 (44.86, +3.10%). SMA20 and SMA50 are flattening with a slight downward tilt, reflecting the recent pullback. SMA200 continues to slope upward gradually, providing a long-term bullish foundation typical of a regulated utility with consistent earnings growth.
Momentum
Bearish bias. RSI14 at 44.82 is below the 50 midline, indicating mild seller advantage without reaching oversold conditions. MACD at -0.12 with signal at -0.07 and a negative histogram of -0.05 shows bearish momentum persisting, though the magnitude is modest. The MACD line is below zero but not deeply negative, consistent with a mild corrective phase rather than a structural breakdown.
Volatility
Low. ATR14 at 0.72 (1.56% of price) reflects the low-volatility character typical of regulated utilities. Bollinger Bands (44.91 to 48.04) are relatively tight, and price is trading near the lower band, consistent with the recent pullback. Band width is narrow, indicating normal low-volatility conditions for this stock.
Volume
Below average. Latest volume of 1,848,500 is 67.8% of the 20-period average (2,725,500), indicating reduced participation. The below-average volume during the pullback suggests the selling pressure is not accompanied by strong conviction, which is a mildly constructive sign.

Assessment

The daily chart shows a stock in a mild corrective phase within a longer-term uptrend. Price holding above SMA200 at 44.86 is the key constructive element — this level has served as reliable support during previous pullbacks. The below-average volume during the decline and the moderate RSI suggest this is a normal pullback rather than the start of a downtrend. However, the negative MACD and price below both short-term moving averages warrant caution in the near term. A reclaim of SMA20 at 46.58 would be the first sign of stabilization.

Weekly (July 10, 2026 week)

Trend
Bullish with near-term weakness. Price at 46.04 is above SMA50 (45.88) and SMA200 (43.53) but just below SMA20 (46.20). All three weekly SMAs are sloping upward, with the SMA20 above SMA50, confirming a healthy bullish alignment. The pullback from the late-June high near 48.50 has brought price back to the SMA20, which has acted as dynamic support throughout the uptrend.
Momentum
Neutral. RSI14 at 48.12 is near the 50 midline, reflecting neither strong buyer nor seller control on the weekly scale. MACD at 0.32 with signal at 0.35 and a negative histogram of -0.03 shows a very mild bearish crossover is developing, but the magnitude is negligible by utility stock standards.
Volatility
Low. ATR14 at 1.23 (2.67% of price) reflects below-average weekly ranges typical of a low-beta utility stock. Bollinger Bands (43.14 to 49.40) are moderately wide but not expanding, consistent with the range-bound action of recent months.
Volume
Near average. Weekly volume of 11,213,100 is 93.4% of the 20-week average (12,001,500), indicating normal participation levels during the current pullback.

Assessment

The weekly chart confirms a long-term uptrend with price above SMA50 and SMA200, both of which continue to slope upward. The pullback to SMA20 is a normal correction within the broader uptrend and has historically been a buying opportunity for this stock. The slight negative MACD histogram warrants monitoring but does not signal a trend reversal given the limited magnitude. The stock is near the midpoint of its 52-week range, offering balanced risk-reward from a purely technical perspective.

Key indicators

FTS Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)44.8248.12
MACD (12, 26, 9)-0.12 / -0.07 / -0.050.32 / 0.35 / -0.03
ATR (14)0.72 (1.56%)1.23 (2.67%)
Bollinger Bands (20, 2)44.91 - 48.0443.14 - 49.40
SMA (20)46.5846.20
SMA (50)46.7245.88
SMA (200)44.8643.53

Price structure

FTS Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price46.2546.04
1-Period Return-0.26%+0.48%
5-Period Return-0.79%-1.71%
20-Period Return-0.77%+1.41%
60-Period Return+0.56%+6.28%
252-Period Return+5.42%+9.80%
52-Week Low43.3843.38
52-Week High49.6349.63
52-Week Position51.12%49.44%

Key levels

FTS Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High47.5149.63
20-Period Low45.1444.21
60-Period High49.6349.63
60-Period Low43.3843.38

Scenarios

FTS Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price holds above SMA200 support at 44.86 and reclaims SMA20 at 46.58 with increasing volume.

Invalidation

A sustained break below the SMA200 at 44.86 on above-average volume.

What to watch

Watch for RSI reclaiming 50 on the daily; MACD histogram turning positive; increasing volume on up days.

Range-Bound

Trigger

Price continues to oscillate between SMA200 support at 44.86 and 20-day high resistance at 47.51, with declining volume.

Invalidation

A decisive move above 47.51 or below 44.86 with conviction.

What to watch

Monitor Bollinger Band width for further compression; RSI staying between 40 and 55; volume remaining below average.

Bearish

Trigger

Price breaks below SMA200 at 44.86 and the 20-day low of 45.14, with RSI falling below 40.

Invalidation

A strong reversal day with above-average volume reclaiming SMA20 at 46.58.

What to watch

If 44.86 breaks, the next support zone is the 52-week low at 43.38; watch for weekly MACD turning more negative; volume increasing on breakdown days.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance for FTS (Fortis Inc.) listed on NYSE. Daily analysis covers 2 years (501 trading days) through July 17, 2026, and weekly analysis covers 5 years (261 weeks) through the week of July 10, 2026. Adjusted close equals raw close (adjustment factor 1.0) as no dividends or splits required adjustment during the period — note that Fortis pays dividends, but the adjusted close from Yahoo Finance already accounts for dividend adjustments. Current intraday price on July 18 is excluded from the completed bar set. Technical indicators follow standard parameter settings: SMA20/50/200, RSI14, MACD(12,26,9), ATR14, and Bollinger Bands(20,2). Volume data from Yahoo Finance is used as a single source and compared against the 20-period moving average. Independent cross-verification was performed against Finviz previous close (46.25), showing a 0.00% difference, within the 1% tolerance threshold. Technical analysis does not incorporate fundamental factors, macroeconomic conditions, or company-specific events such as regulatory rate decisions, capital expenditure plans, or interest rate changes that affect utility stocks. It reflects historical price patterns and statistical relationships that may change without notice.

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.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 17, 2026, weekly July 10, 2026 week. Generated July 18, 2026.