US stock / ETF

Fortive Corporation

FTV · NYSE · USD

4 hoursBullish91%
4h Upside probability 91%Bullish

FTV 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $54.38 and reclaim $57.47.

Invalidation Trigger

Lose $54.38 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 68.5, MACD 0.225

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4457 (0.78%)

4h

EMA Structure

Range
EMA 8$56.28Bullish
EMA 21$55.84Bullish
EMA 50$55.96Bullish

Signals

CategoryReadStrength
Momentum
RSI 68.5 · MACD 0.225

Momentum is strong

Strength
Bullish
Volatility
ATR $0.4457 · BB 4.77%

Low volatility

Strength
Bullish
Volume
MFI 66.9 · OBV 27.03%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$54.38 - $57.47

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+0.78% · 1.0 ATR above latest close

$57.92
Nearest resistance

+0% · 0.0 ATR above · 34-bar high

$57.47
Current price

Price shown is delayed

$57.47
Nearest support

-5.38% · 6.9 ATR below · 34-bar low

$54.38
Deeper support zone

-6.15% · 7.9 ATR below latest close

$53.93
ATR zone

Latest close ± ATR14

$57.02 - $57.92

Indicators

Trend

Dow Theory Structure

Confirmation $54.64, invalidation $55.51

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

Trend strength is active

29.4 / 48.3 / 25.6Bullish
Supertrend (10,3)

Price is above Supertrend

$56.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.06 / $55.82Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Volatility

ATR (14)

Low volatility

$0.4457 (0.78%)Bullish
Bollinger Bands (20,2)

Width 4.77%

117%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$56.8 / $54.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.02 / $57.92Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.47Range
Support

Nearest Downside Decision Level

$54.38Range

Momentum

RSI (14)

Momentum is strong

68.5Bullish
MACD (12,26,9)

Histogram is positive

0.225Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 92.3Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

236.1Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.9Bullish
OBV slope

20-period OBV slope

27.03%Bullish
Volume ratio

Relative to 20-period average volume

2.14xBullish

Trend

Dow Theory Structure

Confirmation $54.64, invalidation $55.51

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

Trend strength is active

29.4 / 48.3 / 25.6Bullish
Supertrend (10,3)

Price is above Supertrend

$56.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.06 / $55.82Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Momentum

RSI (14)

Momentum is strong

68.5Bullish
MACD (12,26,9)

Histogram is positive

0.225Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 92.3Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

236.1Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$0.4457 (0.78%)Bullish
Bollinger Bands (20,2)

Width 4.77%

117%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$56.8 / $54.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.02 / $57.92Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.9Bullish
OBV slope

20-period OBV slope

27.03%Bullish
Volume ratio

Relative to 20-period average volume

2.14xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$57.47Range
Support

Nearest Downside Decision Level

$54.38Range

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