US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 weekBearish73%
Weekly Downside probability 73%Bearish

FTV 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $58.53 and stabilize above resistance $64.56.

Invalidation Trigger

Break above $64.56 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 47.0, MACD -0.721

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.04 (5.29%)

Weekly

EMA Structure

Bearish
EMA 8$57.48Bearish
EMA 21$58.53Bearish
EMA 50$58.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.0 · MACD -0.721

Neutral zone

Strength
Bearish
Volatility
ATR $3.04 · BB 16.21%

High volatility

Strength
Bearish
Volume
MFI 46.9 · OBV 2.11%

Relative to 20-period average volume

Strength
Range
Price Levels
$53.48 - $64.56

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+17.63% · 3.3 ATR above latest close

$67.6
Nearest resistance

+12.34% · 2.3 ATR above · 34-bar high

$64.56
Current price

Price shown is delayed

$57.47
Nearest support

-6.94% · 1.3 ATR below · 34-bar low

$53.48
Deeper support zone

-12.23% · 2.3 ATR below latest close

$50.44
ATR zone

Latest close ± ATR14

$54.43 - $60.51

Indicators

Trend

Dow Theory Structure

Confirmation $64.56, invalidation $54.13

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

24.7 / 12.9 / 23.3Bearish
Supertrend (10,3)

Price is above Supertrend

$47.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.86 / $56.14Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Volatility

ATR (14)

High volatility

$3.04 (5.29%)Bearish
Bollinger Bands (20,2)

Width 16.21%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.51 / $52.53Bearish
ATR channel lower / upper

Current Volatility Envelope

$54.43 / $60.51Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$53.48Range

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is negative

-0.721Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.0 / 19.7Bullish
Williams %R (14)

Neutral zone

-68.0Range
CCI (20)

Weak expansion

-105.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

2.11%Bullish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Trend

Dow Theory Structure

Confirmation $64.56, invalidation $54.13

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

24.7 / 12.9 / 23.3Bearish
Supertrend (10,3)

Price is above Supertrend

$47.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.86 / $56.14Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is negative

-0.721Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.0 / 19.7Bullish
Williams %R (14)

Neutral zone

-68.0Range
CCI (20)

Weak expansion

-105.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$3.04 (5.29%)Bearish
Bollinger Bands (20,2)

Width 16.21%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.51 / $52.53Bearish
ATR channel lower / upper

Current Volatility Envelope

$54.43 / $60.51Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

2.11%Bullish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$53.48Range

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