US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 monthBearish75%
Monthly Downside probability 75%Bearish

FTV 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $60.04 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 StateBearish
Momentum soft

RSI 42.8, MACD 0.592

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.43 (9.93%)

Monthly

EMA Structure

Bearish
EMA 8$57.67Bearish
EMA 21$60.04Bearish
EMA 50$63.5Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.8 · MACD 0.592

Momentum is weak

Strength
Bearish
Volatility
ATR $5.43 · BB 58.22%

High volatility

Strength
Bearish
Volume
MFI 55.6 · OBV -12.71%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.34 - $87.1

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+69.19% · 7.0 ATR above latest close

$92.53
Nearest resistance

+59.26% · 6.0 ATR above · 34-bar high

$87.1
Current price

Price shown is delayed

$54.69
Nearest support

-15.27% · 1.5 ATR below · 34-bar low

$46.34
Deeper support zone

-25.2% · 2.5 ATR below latest close

$40.91
ATR zone

Latest close ± ATR14

$49.26 - $60.12

Indicators

Trend

Dow Theory Structure

Confirmation $46.34, invalidation $64.56

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

Trend strength is active

39.3 / 29.3 / 8.0Bullish
Supertrend (10,3)

Price is above Supertrend

$39.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.66 / $66.72Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

High volatility

$5.43 (9.93%)Bearish
Bollinger Bands (20,2)

Width 58.22%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$71.21 / $48.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$49.26 / $60.12Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.1Range
Support

Nearest Downside Decision Level

$46.34Range

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is positive

0.592Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.8 / 55.1Bearish
Williams %R (14)

Neutral zone

-54.2Range
CCI (20)

Balanced zone

-32.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.6Bullish
OBV slope

20-period OBV slope

-12.71%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Trend

Dow Theory Structure

Confirmation $46.34, invalidation $64.56

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

Trend strength is active

39.3 / 29.3 / 8.0Bullish
Supertrend (10,3)

Price is above Supertrend

$39.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.66 / $66.72Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is positive

0.592Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.8 / 55.1Bearish
Williams %R (14)

Neutral zone

-54.2Range
CCI (20)

Balanced zone

-32.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$5.43 (9.93%)Bearish
Bollinger Bands (20,2)

Width 58.22%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$71.21 / $48.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$49.26 / $60.12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.6Bullish
OBV slope

20-period OBV slope

-12.71%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.1Range
Support

Nearest Downside Decision Level

$46.34Range

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