US stock / ETF

Fortive Corporation

FTV · NYSE · USD

4 hoursBearish88%
4h Downside probability 88%Bearish

FTV 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $56.06 and stabilize above resistance $60.64.

Invalidation Trigger

Break above $60.64 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 26.8, MACD -0.068

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4325 (0.79%)

4h

EMA Structure

Bearish
EMA 8$55.05Bearish
EMA 21$56.06Bearish
EMA 50$57.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 26.8 · MACD -0.068

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4325 · BB 7.64%

Low volatility

Strength
Bullish
Volume
MFI 12.9 · OBV -16.69%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$54.16 - $60.64

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.66% · 14.7 ATR above latest close

$61.07
Nearest resistance

+10.87% · 13.7 ATR above · 34-bar high

$60.64
Current price

Price shown is delayed

$54.69
Nearest support

-0.97% · 1.2 ATR below · 34-bar low

$54.16
Deeper support zone

-1.76% · 2.2 ATR below latest close

$53.73
ATR zone

Latest close ± ATR14

$54.26 - $55.12

Indicators

Trend

Dow Theory Structure

Confirmation $54.16, invalidation $55.2

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

Trend strength is active

44.2 / 11.3 / 50.0Bearish
Supertrend (10,3)

Price is above Supertrend

$53.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.9 / $57.42Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Low volatility

$0.4325 (0.79%)Bullish
Bollinger Bands (20,2)

Width 7.64%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.94 / $55.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$54.26 / $55.12Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.64Range
Support

Nearest Downside Decision Level

$54.16Range

Momentum

RSI (14)

Momentum is weak

26.8Bearish
MACD (12,26,9)

Histogram is negative

-0.068Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.6 / 19.0Bearish
Williams %R (14)

Oversold zone

-82.4Bullish
CCI (20)

Weak expansion

-108.4Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

12.9Bearish
OBV slope

20-period OBV slope

-16.69%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Trend

Dow Theory Structure

Confirmation $54.16, invalidation $55.2

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

Trend strength is active

44.2 / 11.3 / 50.0Bearish
Supertrend (10,3)

Price is above Supertrend

$53.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.9 / $57.42Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

26.8Bearish
MACD (12,26,9)

Histogram is negative

-0.068Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.6 / 19.0Bearish
Williams %R (14)

Oversold zone

-82.4Bullish
CCI (20)

Weak expansion

-108.4Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.4325 (0.79%)Bullish
Bollinger Bands (20,2)

Width 7.64%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.94 / $55.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$54.26 / $55.12Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

12.9Bearish
OBV slope

20-period OBV slope

-16.69%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.64Range
Support

Nearest Downside Decision Level

$54.16Range

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