US stock / ETF

Fortive Corporation

FTV · NYSE · USD

12 hoursBearish59%
12h Downside probability 59%Bearish

FTV 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $61.13 and stabilize above resistance $64.56.

Invalidation Trigger

Break above $64.56 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 43.2, MACD -0.360

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.73 (2.92%)

12h

EMA Structure

Range
EMA 8$60.46Bearish
EMA 21$61.13Bearish
EMA 50$61.01Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.2 · MACD -0.360

Momentum is weak

Strength
Bearish
Volatility
ATR $1.73 · BB 10.38%

Medium volatility

Strength
Range
Volume
MFI 41.0 · OBV 20.52%

Relative to 20-period average volume

Strength
Range
Price Levels
$57.58 - $64.56

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.6% · 4.0 ATR above latest close

$66.29
Nearest resistance

+8.69% · 3.0 ATR above · 34-bar high

$64.56
Current price

Price shown is delayed

$59.4
Nearest support

-3.07% · 1.1 ATR below · 34-bar low

$57.58
Deeper support zone

-5.99% · 2.1 ATR below latest close

$55.84
ATR zone

Latest close ± ATR14

$57.67 - $61.13

Indicators

Trend

Dow Theory Structure

Confirmation $64.56, invalidation $57.58

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

Trend strength is moderate

18.8 / 18.0 / 40.9Bearish
Supertrend (10,3)

Price is above Supertrend

$53.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.07 / $61.07Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Medium volatility

$1.73 (2.92%)Range
Bollinger Bands (20,2)

Width 10.38%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.98 / $57.24Range
ATR channel lower / upper

Current Volatility Envelope

$57.67 / $61.13Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$57.58Range

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-0.360Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.1 / 20.8Bullish
Williams %R (14)

Neutral zone

-73.9Range
CCI (20)

Balanced zone

-97.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.0Bearish
OBV slope

20-period OBV slope

20.52%Bullish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Trend

Dow Theory Structure

Confirmation $64.56, invalidation $57.58

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

Trend strength is moderate

18.8 / 18.0 / 40.9Bearish
Supertrend (10,3)

Price is above Supertrend

$53.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.07 / $61.07Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-0.360Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.1 / 20.8Bullish
Williams %R (14)

Neutral zone

-73.9Range
CCI (20)

Balanced zone

-97.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$1.73 (2.92%)Range
Bollinger Bands (20,2)

Width 10.38%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.98 / $57.24Range
ATR channel lower / upper

Current Volatility Envelope

$57.67 / $61.13Range

Volume / Money Flow

MFI (14)

Money flow is weak

41.0Bearish
OBV slope

20-period OBV slope

20.52%Bullish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$57.58Range

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