US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 hourBearish60%
1h Downside probability 60%Bearish

FTV 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $59.5 and stabilize above resistance $64.09.

Invalidation Trigger

Break above $64.09 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 47.0, MACD 0.152

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2740 (0.46%)

1h

EMA Structure

Bearish
EMA 8$59.5Bearish
EMA 21$59.5Bearish
EMA 50$60.12Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.0 · MACD 0.152

Neutral zone

Strength
Range
Volatility
ATR $0.2740 · BB 3.60%

Low volatility

Strength
Bullish
Volume
MFI 24.1 · OBV -8.07%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$57.58 - $64.09

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.36% · 18.1 ATR above latest close

$64.36
Nearest resistance

+7.9% · 17.1 ATR above · 34-bar high

$64.09
Current price

Price shown is delayed

$59.4
Nearest support

-3.07% · 6.7 ATR below · 34-bar low

$57.58
Deeper support zone

-3.53% · 7.7 ATR below latest close

$57.3
ATR zone

Latest close ± ATR14

$59.13 - $59.67

Indicators

Trend

Dow Theory Structure

Confirmation $60.16, invalidation $59.41

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

32.0 / 48.6 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$58.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.26 / $61.07Bearish
Donchian Channel (20)

20-period breakout channel position

70%Bearish

Volatility

ATR (14)

Low volatility

$0.2740 (0.46%)Bullish
Bollinger Bands (20,2)

Width 3.60%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.03 / $58.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.13 / $59.67Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.09Range
Support

Nearest Downside Decision Level

$57.58Range

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is positive

0.152Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.7 / 64.6Bearish
Williams %R (14)

Neutral zone

-54.3Range
CCI (20)

Balanced zone

44.6Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

24.1Bearish
OBV slope

20-period OBV slope

-8.07%Bearish
Volume ratio

Relative to 20-period average volume

3.40xBullish

Trend

Dow Theory Structure

Confirmation $60.16, invalidation $59.41

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

32.0 / 48.6 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$58.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.26 / $61.07Bearish
Donchian Channel (20)

20-period breakout channel position

70%Bearish

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is positive

0.152Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.7 / 64.6Bearish
Williams %R (14)

Neutral zone

-54.3Range
CCI (20)

Balanced zone

44.6Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$0.2740 (0.46%)Bullish
Bollinger Bands (20,2)

Width 3.60%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.03 / $58.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.13 / $59.67Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

24.1Bearish
OBV slope

20-period OBV slope

-8.07%Bearish
Volume ratio

Relative to 20-period average volume

3.40xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.09Range
Support

Nearest Downside Decision Level

$57.58Range

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