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 $61.56 and stabilize above resistance $62.87.

Invalidation Trigger

Break above $62.87 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 35.4, MACD -0.156

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3946 (0.65%)

1h

EMA Structure

Bearish
EMA 8$61.15Bearish
EMA 21$61.56Bearish
EMA 50$61.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.4 · MACD -0.156

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3946 · BB 4.20%

Low volatility

Strength
Bullish
Volume
MFI 30.3 · OBV -2.89%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$60.45 - $62.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.26% · 6.5 ATR above latest close

$63.26
Nearest resistance

+3.61% · 5.5 ATR above · 34-bar high

$62.87
Current price

Price shown is delayed

$60.68
Nearest support

-0.38% · 0.6 ATR below · 34-bar low

$60.45
Deeper support zone

-1.03% · 1.6 ATR below latest close

$60.06
ATR zone

Latest close ± ATR14

$60.29 - $61.07

Indicators

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $62.52

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

Trend strength is active

37.1 / 5.5 / 51.8Bearish
Supertrend (10,3)

Price is above Supertrend

$59.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.57 / $62.14Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

Low volatility

$0.3946 (0.65%)Bullish
Bollinger Bands (20,2)

Width 4.20%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.43 / $60.66Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.29 / $61.07Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.87Range
Support

Nearest Downside Decision Level

$60.45Range

Momentum

RSI (14)

Momentum is weak

35.4Bearish
MACD (12,26,9)

Histogram is negative

-0.156Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.1 / 21.1Bearish
Williams %R (14)

Oversold zone

-88.9Bullish
CCI (20)

Weak expansion

-127.1Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.3Bearish
OBV slope

20-period OBV slope

-2.89%Bearish
Volume ratio

Relative to 20-period average volume

4.63xBullish

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $62.52

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

Trend strength is active

37.1 / 5.5 / 51.8Bearish
Supertrend (10,3)

Price is above Supertrend

$59.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.57 / $62.14Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

35.4Bearish
MACD (12,26,9)

Histogram is negative

-0.156Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.1 / 21.1Bearish
Williams %R (14)

Oversold zone

-88.9Bullish
CCI (20)

Weak expansion

-127.1Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.3946 (0.65%)Bullish
Bollinger Bands (20,2)

Width 4.20%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.43 / $60.66Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.29 / $61.07Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.3Bearish
OBV slope

20-period OBV slope

-2.89%Bearish
Volume ratio

Relative to 20-period average volume

4.63xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.87Range
Support

Nearest Downside Decision Level

$60.45Range

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