Fortis Inc Stock Momentum Indicators Directional Movement Index

FTS Stock  USD 44.58  0.25  0.56%   
Fortis momentum indicators tool provides the execution environment for running the Directional Movement Index indicator and other technical functions against Fortis. Fortis value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Fortis are pattern recognition functions that provide distinct formation on Fortis potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Directional Movement Index is an indicator that is used in technical analysis to determine if Fortis Inc is trending in particular direction.

Fortis Technical Analysis Modules

Most technical analysis of Fortis help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Fortis from various momentum indicators to cycle indicators. When you analyze Fortis charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Fortis Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fortis Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortis Inc based on widely used predictive technical indicators. In general, we focus on analyzing Fortis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortis's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Fortis's intrinsic value. In addition to deriving basic predictive indicators for Fortis, we also check how macroeconomic factors affect Fortis price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2024 (projected)
Dividend Yield0.02330.02840.0393
Price To Sales Ratio3.042.351.3
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
43.6544.5845.51
Details
Intrinsic
Valuation
LowRealHigh
41.8642.7949.04
Details
15 Analysts
Consensus
LowTargetHigh
37.6841.4145.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.550.580.59
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run ETFs Now

   

ETFs

Find actively traded Exchange Traded Funds (ETF) from around the world
All  Next Launch Module

Fortis Inc pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fortis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fortis will appreciate offsetting losses from the drop in the long position's value.

Fortis Pair Trading

Fortis Inc Pair Trading Analysis

Additional Tools for Fortis Stock Analysis

When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.