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Fortis Inc.

Stage 4 · Declining · week 3

As of Oct 22, 2026, Fortis is in Stage 4, the downtrend phase, now in week 3 (since Oct 7, 2026). It closed at $57.88, 0.8% below its 52-week high and above its 200-day average, which is rising.

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. More about the company

$57.88
+3.36% today
$29.6B · Large cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Accelerating ⇈

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 14w
S2 31w
S2 63w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S3 3w → S4 9w → S1 13w → S4 14w → S1 1w → S2 31w → S3 11w → S2 63w → S3 5w → S2 10w → S3 4w → S4 2w current
Total tracked: 165 weeks across 12 stage runs.

FTS among Utilities - Regulated Electric10th of 42 by relative strength

All 42 →
Stocks in Utilities - Regulated Electric ranked by relative strength, with stage and one-month change
#StockStageRS1M
1ELPCStage 2 · wk 687+12.9%
2CIG-CStage 2 · wk 783+6.9%
3CEPUStage 4 · wk 1078−12.4%
4NWEStage 2 · wk 177+12.3%
5CIGStage 1 · wk 672+9.1%
6PNWStage 4 · wk 370+15.8%
7EDStage 4 · wk 368+13.3%
8ETRStage 4 · wk 367+9.0%
…10FTSStage 4 · wk 366+8.6%
vs 52W High
-0.8%
$48.59 lo$58.36 hi
0.8% below 52W high, failed near resistance
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 3
1w13w26w
Week 3, early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
5.0%
200 DMA: $55.11 · rising
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
1.40x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↗ ⇈
Short-term trend rising gently, and accelerating
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+8.6%
3M
-0.8%
6M
+4.0%
YTD
+14.3%
1Y
+14.9%
Scan Membership
Breakout Watch
Latest: 2025-03-06
8 appearances in last 60 days. First seen: 2018-11-09.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 3 · Vol 1.40x
2026-10-21S4
Wk 3 · Vol 0.60x
2026-10-20S4
Wk 2 · Vol 1.19x
2026-10-19S4
Wk 2 · Vol 1.22x
2026-10-16S4
Wk 2 · Vol 1.02x
2026-10-15S4
Wk 2 · Vol 1.32x
2026-10-14S4
Wk 2 · Vol 1.03x
2026-10-13S4
Wk 1 · Vol 1.17x
2026-10-12S4
Wk 1 · Vol 0.49x
2026-10-09S4
Wk 1 · Vol 1.24x
2026-10-08S4
Wk 1 · Vol 1.46x
2026-10-07S43→4
Wk 1 · Vol 1.81x
Moving averages & range
50 DMA
$54.53
200 DMA
$55.11
52W High
$58.36
52W Low
$48.59
5D Low
$54.90
Resistance levels (recent highs)
20d High
$57.88
60d High
$57.88
120d High
$58.36
250d High
$58.36
Next resistance
+0.8%
to 120d High
P/E (TTM)
23.5
Forward 21.0
Earnings Growth (YoY)
+2.2%
Revenue +4.1%
ROE
+7.5%
Profit margin +14.7%
Dividend Yield
3.31%
P/B 1.8

Fortis: quick answers

What stage is Fortis in?

As of Oct 22, 2026, Fortis (FTS) is in Stage 4, the downtrend phase. It entered Stage 4 on Oct 7, 2026 and is in week 3. What the four stages mean

Is Fortis in an uptrend?

No. Fortis is in a Stage 4 downtrend. It trades 5.0% above its 200-day average, which is rising.

How far is Fortis from its 52-week high?

Fortis closed at $57.88 on Oct 22, 2026, 0.8% below its 52-week high of $58.36. Its 52-week low is $48.59.

How has Fortis performed over the past year?

As of Oct 22, 2026, Fortis is up 14.9% over the past year and up 14.3% so far in 2026.

Which sector and industry is Fortis in?

Fortis is in the Utilities - Regulated Electric industry, part of the Utilities sector.

About this companyUtilities· Utilities - Regulated Electric

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.