US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 monthBearish61%
Monthly Downside probability 61%Bearish

FTV 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $60.81 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 StateBullish
Momentum improving

RSI 48.5, MACD 0.838

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.63 (10.93%)

Monthly

EMA Structure

Bearish
EMA 8$58.55Bullish
EMA 21$60.81Bearish
EMA 50$64.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.5 · MACD 0.838

Neutral zone

Strength
Bullish
Volatility
ATR $6.63 · BB 68.28%

High volatility

Strength
Bearish
Volume
MFI 54.1 · OBV -6.19%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.34 - $87.1

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+54.47% · 5.0 ATR above latest close

$93.73
Nearest resistance

+43.54% · 4.0 ATR above · 34-bar high

$87.1
Current price

Price shown is delayed

$60.68
Nearest support

-23.63% · 2.2 ATR below · 34-bar low

$46.34
Deeper support zone

-34.56% · 3.2 ATR below latest close

$39.71
ATR zone

Latest close ± ATR14

$54.05 - $67.31

Indicators

Trend

Dow Theory Structure

Confirmation $46.34, invalidation $83.32

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

Trend strength is active

36.3 / 23.1 / 20.2Bullish
Supertrend (10,3)

Price is above Supertrend

$45.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.59 / $66.72Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Volatility

ATR (14)

High volatility

$6.63 (10.93%)Bearish
Bollinger Bands (20,2)

Width 68.28%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$71.84 / $49.32Bearish
ATR channel lower / upper

Current Volatility Envelope

$54.05 / $67.31Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.1Range
Support

Nearest Downside Decision Level

$46.34Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

0.838Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.3 / 48.9Bullish
Williams %R (14)

Neutral zone

-47.7Range
CCI (20)

Balanced zone

4.8Range
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

-6.19%Bearish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Trend

Dow Theory Structure

Confirmation $46.34, invalidation $83.32

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

Trend strength is active

36.3 / 23.1 / 20.2Bullish
Supertrend (10,3)

Price is above Supertrend

$45.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.59 / $66.72Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

0.838Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.3 / 48.9Bullish
Williams %R (14)

Neutral zone

-47.7Range
CCI (20)

Balanced zone

4.8Range
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volatility

ATR (14)

High volatility

$6.63 (10.93%)Bearish
Bollinger Bands (20,2)

Width 68.28%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$71.84 / $49.32Bearish
ATR channel lower / upper

Current Volatility Envelope

$54.05 / $67.31Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

-6.19%Bearish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.1Range
Support

Nearest Downside Decision Level

$46.34Range

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