Fortis Stock Forecast

Buy or Hold candidate since Aug 07, 2026 Loss -1.27%

The Fortis Inc stock price fell by -1.27% on the last day (Monday, 10th Aug 2026) from $56.10 to $55.39. During the last trading day the stock fluctuated 1.56% from a day low at $55.10 to a day high of $55.96. The price has fallen in 7 of the last 10 days and is down by -5.01% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -20 thousand shares and in total, 728 thousand shares were bought and sold for approximately $40.30 million.

Given the current short-term trend, the stock is expected to rise 3.58% during the next 3 months and, with a 90% probability hold a price between $57.37 and $61.32 at the end of this 3-month period.

FTS Signals & Forecast

There are few to no technical positive signals at the moment. The Fortis Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $56.26 and $57.41. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, July 24, 2026, and so far it has fallen -5.86%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Fortis Inc stock

Fortis Inc finds support from accumulated volume at $55.33 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.86 between high and low, or 1.56%. For the last week the stock has had daily average volatility of 1.73%.

Our recommended stop-loss: $52.36 (-5.48%) (This stock has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 11 days ago.)

Trading Expectations (FTS) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect Fortis Inc to open at $55.48, and during the day (based on 14 day Average True Range), to move between $54.93 and $55.85, which gives a possible trading interval of +/-$0.92 (+/-1.68%) up or down from last closing price. If Fortis Inc takes out the full calculated possible swing range there will be an estimated 1.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $55.33 (0.11%) than the resistance at $55.90 (0.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Dividend Warning For FTS

Dividend coming up for FTS: Ex-dividend date (Wednesday 19th August, 2026) is 7 days away. The dividend is $0.460.

Is Fortis Inc stock A Buy?

Fortis Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold candidate.

Current score: -0.254 Hold/Accumulate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on August 11, 2026 - $55.48 ( 0.162%).

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