US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

FTV 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $60.66 and stabilize above resistance $63.

Invalidation Trigger

Break above $63 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 38.8, MACD -0.092

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3839 (0.64%)

1h

EMA Structure

Bearish
EMA 8$60.31Bearish
EMA 21$60.66Bearish
EMA 50$60.84Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.8 · MACD -0.092

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3839 · BB 4.42%

Low volatility

Strength
Bullish
Volume
MFI 32.3 · OBV -24.32%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$59.77 - $63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.53% · 8.7 ATR above latest close

$63.38
Nearest resistance

+4.9% · 7.7 ATR above · 34-bar high

$63
Current price

Price shown is delayed

$60.06
Nearest support

-0.48% · 0.8 ATR below · 34-bar low

$59.77
Deeper support zone

-1.12% · 1.8 ATR below latest close

$59.39
ATR zone

Latest close ± ATR14

$59.68 - $60.44

Indicators

Trend

Dow Theory Structure

Confirmation $60.98, invalidation $59.77

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

Trend strength is active

30.3 / 12.7 / 44.1Bearish
Supertrend (10,3)

Price is above Supertrend

$59.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.65 / $61.36Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

Low volatility

$0.3839 (0.64%)Bullish
Bollinger Bands (20,2)

Width 4.42%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.41 / $59.88Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.68 / $60.44Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63Range
Support

Nearest Downside Decision Level

$59.77Range

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.092Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.7 / 13.8Bullish
Williams %R (14)

Neutral zone

-79.3Range
CCI (20)

Balanced zone

-92.1Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.3Bearish
OBV slope

20-period OBV slope

-24.32%Bearish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Trend

Dow Theory Structure

Confirmation $60.98, invalidation $59.77

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

Trend strength is active

30.3 / 12.7 / 44.1Bearish
Supertrend (10,3)

Price is above Supertrend

$59.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.65 / $61.36Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.092Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.7 / 13.8Bullish
Williams %R (14)

Neutral zone

-79.3Range
CCI (20)

Balanced zone

-92.1Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$0.3839 (0.64%)Bullish
Bollinger Bands (20,2)

Width 4.42%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.41 / $59.88Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.68 / $60.44Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.3Bearish
OBV slope

20-period OBV slope

-24.32%Bearish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63Range
Support

Nearest Downside Decision Level

$59.77Range

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