US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 monthRange53%
Monthly Range probability 94%Range

FTV 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $46.34 - $87.1 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 46.1, MACD 0.614

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.42 (9.44%)

Monthly

EMA Structure

Bearish
EMA 8$57.65Bearish
EMA 21$59.82Bearish
EMA 50$63.27Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.1 · MACD 0.614

Neutral zone

Strength
Range
Volatility
ATR $5.42 · BB 48.75%

High volatility

Strength
Bearish
Volume
MFI 59.8 · OBV 11.81%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$46.34 - $87.1

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+60.99% · 6.5 ATR above latest close

$92.52
Nearest resistance

+51.56% · 5.5 ATR above · 34-bar high

$87.1
Current price

Price shown is delayed

$57.47
Nearest support

-19.37% · 2.1 ATR below · 34-bar low

$46.34
Deeper support zone

-28.8% · 3.1 ATR below latest close

$40.92
ATR zone

Latest close ± ATR14

$52.05 - $62.89

Indicators

Trend

Dow Theory Structure

Confirmation $46.34, invalidation $64.56

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

Trend strength is active

40.7 / 29.4 / 6.0Bullish
Supertrend (10,3)

Price is above Supertrend

$39.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.74 / $66.72Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Volatility

ATR (14)

High volatility

$5.42 (9.44%)Bearish
Bollinger Bands (20,2)

Width 48.75%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$70.88 / $48.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$52.05 / $62.89Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.1Range
Support

Nearest Downside Decision Level

$46.34Range

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is positive

0.614Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.7 / 59.9Bullish
Williams %R (14)

Neutral zone

-39.3Range
CCI (20)

Balanced zone

-15.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.8Bullish
OBV slope

20-period OBV slope

11.81%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Trend

Dow Theory Structure

Confirmation $46.34, invalidation $64.56

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

Trend strength is active

40.7 / 29.4 / 6.0Bullish
Supertrend (10,3)

Price is above Supertrend

$39.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.74 / $66.72Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is positive

0.614Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.7 / 59.9Bullish
Williams %R (14)

Neutral zone

-39.3Range
CCI (20)

Balanced zone

-15.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$5.42 (9.44%)Bearish
Bollinger Bands (20,2)

Width 48.75%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$70.88 / $48.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$52.05 / $62.89Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.8Bullish
OBV slope

20-period OBV slope

11.81%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.1Range
Support

Nearest Downside Decision Level

$46.34Range

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