- The trend backdrop is active with a 113-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
FTS
TOR
Week ended 31 Jul 2026
Weekly Investor Report
Fortis Inc. · Utilities · Utilities - Regulated Electric
Latest close
79.80 CAD
-3.8%
latest week
Weekly setup
Mixed setup
The weekly trend is active. Price is 3.3% above the Trend Line and sits at 78.4% of its 52-week range. The latest completed week returned -3.8%, after a -2.5% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive. The latest news-sentiment score is 55/100.
Setup score
69
out of 100
Latest Close
79.80 CAD
31 Jul 2026
1W Return
-3.8%
latest completed week
4W Return
-2.5%
short-term follow-through
12W Return
4.9%
quarterly tape
Trend Breadth
100.0%
52 of 52 weeks active
Volume Ratio
1.4x
vs 13-week average
- 4 reversal markers appear in the recent smart-money tape.
- Price is close to its 52-week high; watch for continuation or exhaustion.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-3.8%
Latest completed week; four-week move -2.5%.
Indicator stack
100/100
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Positive 57.50%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
55/100
26 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is active. Price is 3.3% above the Trend Line and sits at 78.4% of its 52-week range. The latest completed week returned -3.8%, after a -2.5% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.4x the 13-week average. Participation is around or above normal and provides reasonable confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
6 Feb
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.7412-week average 0.76
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure4/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership5/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.74Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers44 reversal markers
No recent accumulation markers. 4 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -2.5% over four weeks, 4.9% over 12 weeks, and 20.0% over one year. The current trend has remained active for 113 consecutive weeks.
Performance by holding period
Active trend streak113 weeks
Active weeks in one year52
Trend breadth100.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.56Latest activity-pressure read.
Pressure change927.5%Four-week change in activity pressure.
Leadership-0.98Latest relative-leadership reading.
RS change-170.7%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive.
Factor week 26 Jul 2026
Financial statements through 31 Mar 2026
Field coverage 94%
Model confidence 90%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength24/100Blend of value, momentum, and quality. Underlying universe rank 77; rank 1 is best.
Value27/100Relative valuation strength. Underlying universe rank 74; rank 1 is best.
Quality31/100Profitability and accounting quality. Underlying universe rank 70; rank 1 is best.
Momentum64/100Medium-term price momentum. Underlying universe rank 37; rank 1 is best.
Growth33/100Revenue and earnings growth. Underlying universe rank 68; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework25/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 23.4x Price divided by trailing earnings.
- Price / sales
- 3.5x Market value relative to trailing revenue.
- EV / EBITDA
- 13.7x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- -2.8% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 72.2% Gross profit retained from each unit of revenue.
- Operating margin
- 28.6% Operating profit retained from revenue.
- Free-cash-flow margin
- -18.7% Free cash flow generated from revenue.
- Return on invested capital
- 4.4% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 5.8% Latest one-year revenue growth.
- EPS growth
- 5.4% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- - Latest one-year free-cash-flow growth.
- Piotroski F-score
- 7/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 3.1% Cash dividends relative to market value.
- Buyback yield
- -0.1% Net share repurchases relative to market value.
- Shareholder yield
- 2.9% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- 5.9x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment55/100
Weighted news tone is neutral across 26 relevant articles.
8 positive · 18 neutral · 0 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-4.7%Distance below the 52-week high.
13-week volatility2.3%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
6 Feb
6 Mar
3 Apr
1 May
29 May
26 Jun
31 Jul
Weeks higher16 of 2610 weeks finished lower.
Best week+5.0%Week of 13 Feb.
Worst week-5.3%Week of 20 Mar.
Latest week-3.8%Week of 31 Jul.
Shape of recent returns
Strong gains2
Modest gains14
Flat weeks0
Modest losses9
Sharp losses1
Recent vol2.3%13-week weekly-return volatility.
Base vol1.9%52-week weekly-return volatility.
Up/down split32/20Count of positive and negative weeks in the 52-week window.
Average skew1.5% / -1.5%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorCA Utilities
4-week rank12 / 18
Group average-0.8%
Trend breadth72.2%
Trend72.2%active weekly trend signals
MD61.1%positive activity pressure
RS33.3%positive relative leadership
Four-week leaders
IndustryCA Utilities - Regulated Electric
4-week rank3 / 3
Group average-1.0%
Trend breadth100.0%
Trend100.0%active weekly trend signals
MD100.0%positive activity pressure
RS0.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape74/100
Trend, activity pressure, participation, and risk combine to a 74/100 tape read.
Indicator analysis54/100Latest 12-week confirmation: trend 12/12, activity pressure 4/12, relative leadership 5/12.
Activity pressure 0.74; 4 reversal markers Next-Week ExpectancyPositive 57.50%Next-week expectancy is positive with a 57.50% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors34/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 72; Small Cap Core rank 68 SVQF25/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 224.5 of 298 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment55/100Weighted news tone is neutral across 26 relevant articles.
Fortis (TSX:FTS) Keeps Utility Stocks In Market Focus Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 31 Jul 2026 | 79.80 CAD | -3.8% | 77.23 CAD | 61.12 CAD | 0.56 | -0.98 | 7.4M | On |
| 24 Jul 2026 | 82.99 CAD | 0.7% | 76.91 CAD | 60.91 CAD | 0.57 | 2.39 | 6.2M | On |
| 17 Jul 2026 | 82.42 CAD | 1.5% | 76.46 CAD | 60.70 CAD | 0.41 | 1.98 | 4.8M | On |
| 10 Jul 2026 | 81.23 CAD | -0.8% | 76.01 CAD | 60.50 CAD | 0.13 | 0.42 | 4.3M | On |
| 3 Jul 2026 | 81.88 CAD | -0.8% | 75.60 CAD | 60.31 CAD | -0.07 | 1.39 | 4.2M | On |
| 26 Jun 2026 | 82.57 CAD | 4.3% | 75.19 CAD | 60.10 CAD | -0.38 | 3.04 | 695.1K | On |
| 19 Jun 2026 | 79.14 CAD | -0.6% | 74.84 CAD | 59.90 CAD | -0.58 | -1.19 | 2.2M | On |
| 12 Jun 2026 | 79.61 CAD | 2.3% | 74.58 CAD | 59.71 CAD | -0.61 | -0.59 | 1.1M | On |
| 5 Jun 2026 | 77.83 CAD | 2.1% | 74.31 CAD | 59.52 CAD | -0.70 | -1.42 | 3.1M | On |
| 29 May 2026 | 76.26 CAD | -2.2% | 74.06 CAD | 59.35 CAD | -0.58 | -4.49 | 11.5M | On |
| 22 May 2026 | 77.99 CAD | 3.6% | 73.80 CAD | 59.19 CAD | -0.48 | -1.71 | 6.3M | On |
| 15 May 2026 | 75.25 CAD | -1.1% | 73.54 CAD | 59.02 CAD | -0.35 | -3.55 | 7.6M | On |
| 8 May 2026 | 76.11 CAD | -1.3% | 73.39 CAD | 58.87 CAD | -0.11 | -3.34 | 9.7M | On |
| 1 May 2026 | 77.10 CAD | 0.9% | 73.18 CAD | 58.73 CAD | 0.13 | -1.78 | 9.3M | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.