US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

FTV 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $57.71 and stabilize above resistance $64.56.

Invalidation Trigger

Break above $64.56 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 29.8, MACD -0.414

Daily
Volatility EnvironmentRange
Low volatility

ATR is $1.11 (2.03%)

Daily

EMA Structure

Bearish
EMA 8$55.89Bearish
EMA 21$57.71Bearish
EMA 50$59.14Bearish

Signals

CategoryReadStrength
Momentum
RSI 29.8 · MACD -0.414

Momentum is weak

Strength
Bearish
Volatility
ATR $1.11 · BB 14.36%

Low volatility

Strength
Range
Volume
MFI 21.4 · OBV -34.10%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$54.13 - $64.56

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+20.08% · 9.9 ATR above latest close

$65.67
Nearest resistance

+18.05% · 8.9 ATR above · 34-bar high

$64.56
Current price

Price shown is delayed

$54.69
Nearest support

-1.02% · 0.5 ATR below · 34-bar low

$54.13
Deeper support zone

-3.05% · 1.5 ATR below latest close

$53.02
ATR zone

Latest close ± ATR14

$53.58 - $55.8

Indicators

Trend

Dow Theory Structure

Confirmation $54.13, invalidation $60.8

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

64.7 / 2.6 / 46.9Bearish
Supertrend (10,3)

Price is above Supertrend

$51.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.47 / $59.35Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Low volatility

$1.11 (2.03%)Range
Bollinger Bands (20,2)

Width 14.36%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$59.81 / $55.41Range
ATR channel lower / upper

Current Volatility Envelope

$53.58 / $55.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$54.13Range

Momentum

RSI (14)

Momentum is weak

29.8Bearish
MACD (12,26,9)

Histogram is negative

-0.414Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.4 / 7.5Bullish
Williams %R (14)

Oversold zone

-91.6Bullish
CCI (20)

Weak expansion

-122.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

21.4Bearish
OBV slope

20-period OBV slope

-34.10%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Trend

Dow Theory Structure

Confirmation $54.13, invalidation $60.8

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

64.7 / 2.6 / 46.9Bearish
Supertrend (10,3)

Price is above Supertrend

$51.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.47 / $59.35Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

29.8Bearish
MACD (12,26,9)

Histogram is negative

-0.414Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.4 / 7.5Bullish
Williams %R (14)

Oversold zone

-91.6Bullish
CCI (20)

Weak expansion

-122.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$1.11 (2.03%)Range
Bollinger Bands (20,2)

Width 14.36%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$59.81 / $55.41Range
ATR channel lower / upper

Current Volatility Envelope

$53.58 / $55.8Range

Volume / Money Flow

MFI (14)

Money flow is weak

21.4Bearish
OBV slope

20-period OBV slope

-34.10%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$54.13Range

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