US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 monthBearish66%
Monthly Downside probability 66%Bearish

FTV 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $60.62 and stabilize above resistance $87.1.

Invalidation Trigger

Break above $87.1 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 48.0, MACD 0.877

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.29 (8.81%)

Monthly

EMA Structure

Bearish
EMA 8$58.62Bullish
EMA 21$60.62Bearish
EMA 50$63.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.0 · MACD 0.877

Neutral zone

Strength
Range
Volatility
ATR $5.29 · BB 65.59%

High volatility

Strength
Bearish
Volume
MFI 53.6 · OBV -40.04%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.34 - $87.1

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+53.95% · 6.1 ATR above latest close

$92.39
Nearest resistance

+45.14% · 5.1 ATR above · 34-bar high

$87.1
Current price

Price shown is delayed

$60.01
Nearest support

-22.78% · 2.6 ATR below · 34-bar low

$46.34
Deeper support zone

-31.59% · 3.6 ATR below latest close

$41.05
ATR zone

Latest close ± ATR14

$54.72 - $65.3

Indicators

Trend

Dow Theory Structure

Confirmation $46.34, invalidation $83.32

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

Trend strength is active

38.4 / 30.2 / 5.1Bullish
Supertrend (10,3)

Price is above Supertrend

$43.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.66 / $66.72Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

High volatility

$5.29 (8.81%)Bearish
Bollinger Bands (20,2)

Width 65.59%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$71 / $49.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$54.72 / $65.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.1Range
Support

Nearest Downside Decision Level

$46.34Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is positive

0.877Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.0 / 58.0Bullish
Williams %R (14)

Neutral zone

-25.0Range
CCI (20)

Balanced zone

-3.4Range
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.6Range
OBV slope

20-period OBV slope

-40.04%Bearish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Trend

Dow Theory Structure

Confirmation $46.34, invalidation $83.32

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

Trend strength is active

38.4 / 30.2 / 5.1Bullish
Supertrend (10,3)

Price is above Supertrend

$43.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.66 / $66.72Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is positive

0.877Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.0 / 58.0Bullish
Williams %R (14)

Neutral zone

-25.0Range
CCI (20)

Balanced zone

-3.4Range
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volatility

ATR (14)

High volatility

$5.29 (8.81%)Bearish
Bollinger Bands (20,2)

Width 65.59%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$71 / $49.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$54.72 / $65.3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.6Range
OBV slope

20-period OBV slope

-40.04%Bearish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.1Range
Support

Nearest Downside Decision Level

$46.34Range

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