US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 dayRange51%
Daily Range probability 98%Range

FTV 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $57.88 - $63.67 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 47.4, MACD -0.057

Daily
Volatility EnvironmentRange
Low volatility

ATR is $1.26 (2.07%)

Daily

EMA Structure

Bullish
EMA 8$61.68Bearish
EMA 21$61.37Bearish
EMA 50$60.58Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.4 · MACD -0.057

Neutral zone

Strength
Bearish
Volatility
ATR $1.26 · BB 4.98%

Low volatility

Strength
Range
Volume
MFI 49.9 · OBV 28.90%

Relative to 20-period average volume

Strength
Range
Price Levels
$57.88 - $63.67

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7% · 3.4 ATR above latest close

$64.93
Nearest resistance

+4.93% · 2.4 ATR above · 34-bar high

$63.67
Current price

Price shown is delayed

$60.68
Nearest support

-4.61% · 2.2 ATR below · 34-bar low

$57.88
Deeper support zone

-6.69% · 3.2 ATR below latest close

$56.62
ATR zone

Latest close ± ATR14

$59.42 - $61.94

Indicators

Trend

Dow Theory Structure

Confirmation $63.67, invalidation $60.84

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.0 / 26.4 / 26.4Bullish
Supertrend (10,3)

Price is above Supertrend

$57.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.63 / $60.53Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Volatility

ATR (14)

Low volatility

$1.26 (2.07%)Range
Bollinger Bands (20,2)

Width 4.98%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.93 / $58.88Range
ATR channel lower / upper

Current Volatility Envelope

$59.42 / $61.94Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.67Range
Support

Nearest Downside Decision Level

$57.88Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.057Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.1 / 54.7Bearish
Williams %R (14)

Neutral zone

-75.9Range
CCI (20)

Balanced zone

-24.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

28.90%Bullish
Volume ratio

Relative to 20-period average volume

0.71xBearish

Trend

Dow Theory Structure

Confirmation $63.67, invalidation $60.84

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.0 / 26.4 / 26.4Bullish
Supertrend (10,3)

Price is above Supertrend

$57.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.63 / $60.53Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.057Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.1 / 54.7Bearish
Williams %R (14)

Neutral zone

-75.9Range
CCI (20)

Balanced zone

-24.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.26 (2.07%)Range
Bollinger Bands (20,2)

Width 4.98%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.93 / $58.88Range
ATR channel lower / upper

Current Volatility Envelope

$59.42 / $61.94Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

28.90%Bullish
Volume ratio

Relative to 20-period average volume

0.71xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.67Range
Support

Nearest Downside Decision Level

$57.88Range

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