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Takip Edin: @UscMarketsFTS Stock Forecast & Fortis Chart Analysis
This article provides a detailed analysis of FTS-Fortis Inc. stock including a forecast for FTS shares. It features Fortis Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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FTS Historical Data Review
FTS Current Price Performance Analysis
The Fortis - FTS stock traded on the American stock market, on 06-05-2024, closed at 40.71$ with a %1.17 increased compared to the previous day.
In the last month, the price of FTS changed by %1.55 increased in value, from 40.09 dollars on 05-06-2024 to 40.71 dollars, increased.
Last year, the price of FTS was 42.61 dollars on 06-06-2023, and changed by %-4.46 decreased in value, to 40.71 dollars decreased within a year.
The price of Fortis stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
FTS with AI Stock Forecast & Price Target
On the FTS chart Fortis price was recorded as 40.71 Dollars on 06/05/2024.
The artificial intelligence's forecast on FTS stock is as follows.
The artificial intelligence's prediction error margin for FTS stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Fortis stock over the next 4 months is: 34.3 Dollars.
The commentary on FTS stock Target Price: Highest: 39.333 Dollars is predicted.
The commentary on FTS stock Target Price: Lowest: 31.884 Dollars is predicted.
Resistance Price where Fortis stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-13-2024 | 35.175 |
| 12-02-2024 | 34.229 |
| 02-20-2025 | 32.807 |
| 04-11-2025 | 32.104 |
Support Price where Fortis stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 11-12-2024 | 34.111 |
| 01-21-2025 | 31.977 |
| 03-27-2025 | 31.884 |
The commentary on FTS stock: The target price can generally be said to be on the decline.
The commentary on FTS stock: Fluctuations in the target price can be expected in the coming days.
The target price for Fortis stock by the end of 2024 is predicted to be 33.264 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on FTS stock, and the 2024 target price predictions for Fortis are detailed above.
The technical analysis and charts for the commentary on FTS stock are below.
FTS Support & Resistance and Trend Analysis
FTS stock you have reviewed the technical analysis support resistance charts regarding.
FTS : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the FTS review, the Fortis support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Fortis Support and Resistance Prices:
| FTS Support Level Price | FTS Resistance Level Price |
|---|---|
| 36.86 | 39.89 |
| 38.24 | 40.03 |
| 38.25 | 40.42 |
| 38.39 | 40.76 |
| 38.44 | 40.77 |
| 38.51 | 41.50 |
| 39.10 | 41.57 |
| 39.41 | 41.76 |
| 39.47 | 42.17 |
| 40.05 | 42.19 |
| 40.09 |
FTS Technical Analysis: SMA, RSI, MACD
Upon reviewing the FTS chart, buy and sell signals have been generated in the Fortis technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for FTS stock are as follows:- FTS technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Fortis gave a 'Buy' signal when the RSI was at 28.875, with the current RSI value at 46.78.
- The technical analysis for Fortis indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Fortis stock: Click here to read more predictions on AppLovin Corporation stock.
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