US stock / ETF

Fortive Corporation

FTV · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

FTV 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $57.84 and stabilize above resistance $62.63.

Invalidation Trigger

Break above $62.63 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 28.3, MACD -0.380

12h
Volatility EnvironmentRange
Low volatility

ATR is $1.02 (1.87%)

12h

EMA Structure

Bearish
EMA 8$56.13Bearish
EMA 21$57.84Bearish
EMA 50$59.28Bearish

Signals

CategoryReadStrength
Momentum
RSI 28.3 · MACD -0.380

Momentum is weak

Strength
Bearish
Volatility
ATR $1.02 · BB 13.04%

Low volatility

Strength
Range
Volume
MFI 14.1 · OBV -140.93%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$54.16 - $62.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+16.38% · 8.8 ATR above latest close

$63.65
Nearest resistance

+14.51% · 7.8 ATR above · 34-bar high

$62.63
Current price

Price shown is delayed

$54.69
Nearest support

-0.97% · 0.5 ATR below · 34-bar low

$54.16
Deeper support zone

-2.84% · 1.5 ATR below latest close

$53.14
ATR zone

Latest close ± ATR14

$53.67 - $55.71

Indicators

Trend

Dow Theory Structure

Confirmation $56.3, invalidation $60.69

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

Trend strength is active

64.3 / 2.0 / 48.8Bearish
Supertrend (10,3)

Price is above Supertrend

$51.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.45 / $59.36Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Low volatility

$1.02 (1.87%)Range
Bollinger Bands (20,2)

Width 13.04%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$59.73 / $55.76Range
ATR channel lower / upper

Current Volatility Envelope

$53.67 / $55.71Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.63Range
Support

Nearest Downside Decision Level

$54.16Range

Momentum

RSI (14)

Momentum is weak

28.3Bearish
MACD (12,26,9)

Histogram is negative

-0.380Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.1 / 4.5Bullish
Williams %R (14)

Oversold zone

-91.9Bullish
CCI (20)

Weak expansion

-137.1Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

14.1Bearish
OBV slope

20-period OBV slope

-140.93%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Trend

Dow Theory Structure

Confirmation $56.3, invalidation $60.69

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

Trend strength is active

64.3 / 2.0 / 48.8Bearish
Supertrend (10,3)

Price is above Supertrend

$51.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.45 / $59.36Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

28.3Bearish
MACD (12,26,9)

Histogram is negative

-0.380Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.1 / 4.5Bullish
Williams %R (14)

Oversold zone

-91.9Bullish
CCI (20)

Weak expansion

-137.1Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$1.02 (1.87%)Range
Bollinger Bands (20,2)

Width 13.04%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$59.73 / $55.76Range
ATR channel lower / upper

Current Volatility Envelope

$53.67 / $55.71Range

Volume / Money Flow

MFI (14)

Money flow is weak

14.1Bearish
OBV slope

20-period OBV slope

-140.93%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.63Range
Support

Nearest Downside Decision Level

$54.16Range

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