US stock / ETF

Fortive Corporation

FTV · NYSE · USD

1 weekBearish75%
Weekly Downside probability 75%Bearish

FTV 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $59.28 and stabilize above resistance $64.56.

Invalidation Trigger

Break above $64.56 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 38.5, MACD -0.792

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.28 (5.99%)

Weekly

EMA Structure

Range
EMA 8$58.71Bearish
EMA 21$59.28Bearish
EMA 50$59.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.5 · MACD -0.792

Momentum is weak

Strength
Bearish
Volatility
ATR $3.28 · BB 12.90%

High volatility

Strength
Bearish
Volume
MFI 43.5 · OBV -9.30%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$52.43 - $64.56

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.04% · 4.0 ATR above latest close

$67.84
Nearest resistance

+18.05% · 3.0 ATR above · 34-bar high

$64.56
Current price

Price shown is delayed

$54.69
Nearest support

-4.13% · 0.7 ATR below · 34-bar low

$52.43
Deeper support zone

-10.13% · 1.7 ATR below latest close

$49.15
ATR zone

Latest close ± ATR14

$51.41 - $57.97

Indicators

Trend

Dow Theory Structure

Confirmation $64.56, invalidation $57.48

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

23.2 / 12.5 / 21.6Bearish
Supertrend (10,3)

Price is above Supertrend

$45.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.18 / $55.94Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

High volatility

$3.28 (5.99%)Bearish
Bollinger Bands (20,2)

Width 12.90%

-20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$65.88 / $52.73Bearish
ATR channel lower / upper

Current Volatility Envelope

$51.41 / $57.97Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$52.43Range

Momentum

RSI (14)

Momentum is weak

38.5Bearish
MACD (12,26,9)

Histogram is negative

-0.792Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.3 / 15.4Bearish
Williams %R (14)

Oversold zone

-94.7Bullish
CCI (20)

Weak expansion

-287.9Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

-9.30%Bearish
Volume ratio

Relative to 20-period average volume

0.44xBearish

Trend

Dow Theory Structure

Confirmation $64.56, invalidation $57.48

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

23.2 / 12.5 / 21.6Bearish
Supertrend (10,3)

Price is above Supertrend

$45.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.18 / $55.94Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

38.5Bearish
MACD (12,26,9)

Histogram is negative

-0.792Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.3 / 15.4Bearish
Williams %R (14)

Oversold zone

-94.7Bullish
CCI (20)

Weak expansion

-287.9Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$3.28 (5.99%)Bearish
Bollinger Bands (20,2)

Width 12.90%

-20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$65.88 / $52.73Bearish
ATR channel lower / upper

Current Volatility Envelope

$51.41 / $57.97Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

-9.30%Bearish
Volume ratio

Relative to 20-period average volume

0.44xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$52.43Range

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