Fortis after two rebounds: sellers return to centre stage

Fortis Inc. is at week 12 of a sell signal: after 2 consecutive weeks of rebound with buyers in control between 89% and 92%, the latest week reversed course — sellers returned at 87%, price fell 1.4%, and CMF turned negative again. The daily double bottom in the 54 area remains the key technical reference to monitor. The quality band flags elevated risk for new entries.