US stock / ETF

Fortive Corporation

FTV · NYSE · USD

12 hoursBearish68%
12h Downside probability 68%Bearish

FTV 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $60.66 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

12h
Momentum StateBearish
Momentum soft

RSI 45.7, MACD -0.181

12h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8704 (1.45%)

12h

EMA Structure

Bearish
EMA 8$60.15Bearish
EMA 21$60.66Bearish
EMA 50$60.85Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.7 · MACD -0.181

Neutral zone

Strength
Bearish
Volatility
ATR $0.8704 · BB 6.39%

Low volatility

Strength
Bullish
Volume
MFI 47.3 · OBV 81.66%

Relative to 20-period average volume

Strength
Range
Price Levels
$57.58 - $64.56

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.91% · 6.1 ATR above latest close

$65.43
Nearest resistance

+7.46% · 5.1 ATR above · 34-bar high

$64.56
Current price

Price shown is delayed

$60.08
Nearest support

-4.17% · 2.9 ATR below · 34-bar low

$57.58
Deeper support zone

-5.62% · 3.9 ATR below latest close

$56.7
ATR zone

Latest close ± ATR14

$59.21 - $60.95

Indicators

Trend

Dow Theory Structure

Confirmation $61.89, invalidation $60.42

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.0 / 21.6 / 35.8Bearish
Supertrend (10,3)

Price is above Supertrend

$57.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.65 / $61.07Bearish
Donchian Channel (20)

20-period breakout channel position

49%Range

Volatility

ATR (14)

Low volatility

$0.8704 (1.45%)Bullish
Bollinger Bands (20,2)

Width 6.39%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.32 / $58.95Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.21 / $60.95Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$57.58Range

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-0.181Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.2 / 20.7Bullish
Williams %R (14)

Neutral zone

-62.8Range
CCI (20)

Balanced zone

-51.2Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

81.66%Bullish
Volume ratio

Relative to 20-period average volume

1.02xRange

Trend

Dow Theory Structure

Confirmation $61.89, invalidation $60.42

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.0 / 21.6 / 35.8Bearish
Supertrend (10,3)

Price is above Supertrend

$57.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.65 / $61.07Bearish
Donchian Channel (20)

20-period breakout channel position

49%Range

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-0.181Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.2 / 20.7Bullish
Williams %R (14)

Neutral zone

-62.8Range
CCI (20)

Balanced zone

-51.2Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.8704 (1.45%)Bullish
Bollinger Bands (20,2)

Width 6.39%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.32 / $58.95Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.21 / $60.95Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

81.66%Bullish
Volume ratio

Relative to 20-period average volume

1.02xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$57.58Range

Related Forecasts

Fortive Corporation (FTV) 12 hours chart technical analysis & forecast