US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 monthBearish63%
Monthly Downside probability 63%Bearish

FTV 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $60.76 and stabilize above resistance $87.06.

Invalidation Trigger

Break above $87.06 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 48.3, MACD 0.602

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.98 (11.57%)

Monthly

EMA Structure

Bearish
EMA 8$57.77Bullish
EMA 21$60.76Bearish
EMA 50$64.33Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.3 · MACD 0.602

Neutral zone

Strength
Range
Volatility
ATR $6.98 · BB 72.40%

High volatility

Strength
Bearish
Volume
MFI 64.8 · OBV -20.53%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.35 - $87.06

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+55.87% · 4.8 ATR above latest close

$94.03
Nearest resistance

+44.3% · 3.8 ATR above · 34-bar high

$87.06
Current price

Price shown is delayed

$60.33
Nearest support

-23.18% · 2.0 ATR below · 34-bar low

$46.35
Deeper support zone

-34.75% · 3.0 ATR below latest close

$39.37
ATR zone

Latest close ± ATR14

$53.35 - $67.31

Indicators

Trend

Dow Theory Structure

Confirmation $46.35, invalidation $83.24

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

Trend strength is active

39.0 / 21.1 / 19.3Bullish
Supertrend (10,3)

Price is above Supertrend

$44.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.09 / $66.7Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Volatility

ATR (14)

High volatility

$6.98 (11.57%)Bearish
Bollinger Bands (20,2)

Width 72.40%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$71.47 / $49.53Bearish
ATR channel lower / upper

Current Volatility Envelope

$53.35 / $67.31Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.06Range
Support

Nearest Downside Decision Level

$46.35Range

Momentum

RSI (14)

Neutral zone

48.3Range
MACD (12,26,9)

Histogram is positive

0.602Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.4 / 43.6Bullish
Williams %R (14)

Neutral zone

-50.6Range
CCI (20)

Balanced zone

-9.3Range
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.8Bullish
OBV slope

20-period OBV slope

-20.53%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Trend

Dow Theory Structure

Confirmation $46.35, invalidation $83.24

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

Trend strength is active

39.0 / 21.1 / 19.3Bullish
Supertrend (10,3)

Price is above Supertrend

$44.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.09 / $66.7Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Momentum

RSI (14)

Neutral zone

48.3Range
MACD (12,26,9)

Histogram is positive

0.602Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.4 / 43.6Bullish
Williams %R (14)

Neutral zone

-50.6Range
CCI (20)

Balanced zone

-9.3Range
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volatility

ATR (14)

High volatility

$6.98 (11.57%)Bearish
Bollinger Bands (20,2)

Width 72.40%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$71.47 / $49.53Bearish
ATR channel lower / upper

Current Volatility Envelope

$53.35 / $67.31Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.8Bullish
OBV slope

20-period OBV slope

-20.53%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.06Range
Support

Nearest Downside Decision Level

$46.35Range

Related Forecasts