US stock / ETF

Fortive Corporation

FTV · NYSE · USD

12 hoursRange51%
12h Range probability 98%Range

FTV 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $57.45 - $63.05 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

12h
Momentum StateBearish
Momentum soft

RSI 48.5, MACD -0.063

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.43 (2.39%)

12h

EMA Structure

Bullish
EMA 8$60.64Bearish
EMA 21$60.46Bearish
EMA 50$59.79Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.5 · MACD -0.063

Neutral zone

Strength
Bearish
Volatility
ATR $1.43 · BB 6.73%

Medium volatility

Strength
Range
Volume
MFI 57.4 · OBV 101.45%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$57.45 - $63.05

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.36% · 3.1 ATR above latest close

$64.48
Nearest resistance

+4.97% · 2.1 ATR above · 34-bar high

$63.05
Current price

Price shown is delayed

$60.06
Nearest support

-4.35% · 1.8 ATR below · 34-bar low

$57.45
Deeper support zone

-6.74% · 2.8 ATR below latest close

$56.01
ATR zone

Latest close ± ATR14

$58.63 - $61.49

Indicators

Trend

Dow Theory Structure

Confirmation $63, invalidation $58.74

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

Trend strength is moderate

12.7 / 25.2 / 24.2Bullish
Supertrend (10,3)

Price is above Supertrend

$55.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.56 / $60.25Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Volatility

ATR (14)

Medium volatility

$1.43 (2.39%)Range
Bollinger Bands (20,2)

Width 6.73%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.6 / $57.36Range
ATR channel lower / upper

Current Volatility Envelope

$58.63 / $61.49Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.05Range
Support

Nearest Downside Decision Level

$57.45Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is negative

-0.063Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.7 / 45.3Bearish
Williams %R (14)

Neutral zone

-69.3Range
CCI (20)

Balanced zone

-19.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.4Bullish
OBV slope

20-period OBV slope

101.45%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Trend

Dow Theory Structure

Confirmation $63, invalidation $58.74

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

Trend strength is moderate

12.7 / 25.2 / 24.2Bullish
Supertrend (10,3)

Price is above Supertrend

$55.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.56 / $60.25Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is negative

-0.063Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.7 / 45.3Bearish
Williams %R (14)

Neutral zone

-69.3Range
CCI (20)

Balanced zone

-19.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$1.43 (2.39%)Range
Bollinger Bands (20,2)

Width 6.73%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.6 / $57.36Range
ATR channel lower / upper

Current Volatility Envelope

$58.63 / $61.49Range

Volume / Money Flow

MFI (14)

Money flow is strong

57.4Bullish
OBV slope

20-period OBV slope

101.45%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.05Range
Support

Nearest Downside Decision Level

$57.45Range

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