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FTS Stock Tickeron detected bullish Stock Pattern: Triangle Ascending FTS on March 17, 2025, netting in a 8.66% gain over 1 month

A.I.dvisor
at Tickeron.com
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+8.66% Gain from a Successful pattern Triangle Ascending
FTS - Fortis
Tickeron
Ticker: FTS
Company: Fortis
Gain: +8.66%
Confirmed: 03/17/25
Succeeded: 04/29/25
Total length: 46 days
On March 14, 2025, A.I.dvisor detected a Triangle Ascending Pattern (Bullish) for Fortis (FTS, $44.93). On March 17, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $49.49. 43 days later, on April 29, 2025, FTS reached the target price resulting in a for traders who took a long position in the stock.

FTS's Stochastic Oscillator remains in oversold zone for 1 day

Be on the lookout for a price bounce soon.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FTS advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .

FTS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 249 cases where FTS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for FTS moved out of overbought territory on May 08, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on May 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FTS as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FTS turned negative on May 08, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FTS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.317) is normal, around the industry mean (1.710). P/E Ratio (17.134) is within average values for comparable stocks, (23.490). Projected Growth (PEG Ratio) (2.930) is also within normal values, averaging (2.640). Dividend Yield (0.043) settles around the average of (0.069) among similar stocks. P/S Ratio (2.244) is also within normal values, averaging (3.122).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 66, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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General Information

a company which generates and distributes electricity

Industry ElectricUtilities

Profile
Fundamentals
Details
Industry
N/A
Address
5 Springdale Street
Phone
+1 709 737-2800
Employees
9598
Web
https://www.fortisinc.com