US stock / ETF

Fortive Corporation

FTV · NYSE · USD

4 hoursBearish59%
4h Downside probability 59%Bearish

FTV 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $60.75 and stabilize above resistance $63.05.

Invalidation Trigger

Break above $63.05 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.9, MACD -0.129

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.9646 (1.61%)

4h

EMA Structure

Range
EMA 8$60.71Bearish
EMA 21$60.75Bearish
EMA 50$60.43Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.9 · MACD -0.129

Neutral zone

Strength
Bearish
Volatility
ATR $0.9646 · BB 5.19%

Low volatility

Strength
Range
Volume
MFI 56.2 · OBV -14.16%

Relative to 20-period average volume

Strength
Range
Price Levels
$57.91 - $63.05

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.58% · 4.1 ATR above latest close

$64.01
Nearest resistance

+4.97% · 3.1 ATR above · 34-bar high

$63.05
Current price

Price shown is delayed

$60.06
Nearest support

-3.58% · 2.2 ATR below · 34-bar low

$57.91
Deeper support zone

-5.19% · 3.2 ATR below latest close

$56.95
ATR zone

Latest close ± ATR14

$59.1 - $61.02

Indicators

Trend

Dow Theory Structure

Confirmation $62.08, invalidation $59.72

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

Trend strength is moderate

14.0 / 31.0 / 26.4Bullish
Supertrend (10,3)

Price is above Supertrend

$57.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.05 / $60.25Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Volatility

ATR (14)

Low volatility

$0.9646 (1.61%)Range
Bollinger Bands (20,2)

Width 5.19%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.79 / $58.73Range
ATR channel lower / upper

Current Volatility Envelope

$59.1 / $61.02Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.05Range
Support

Nearest Downside Decision Level

$57.91Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-0.129Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 20.3Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Balanced zone

-70.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

-14.16%Bearish
Volume ratio

Relative to 20-period average volume

0.82xBearish

Trend

Dow Theory Structure

Confirmation $62.08, invalidation $59.72

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

Trend strength is moderate

14.0 / 31.0 / 26.4Bullish
Supertrend (10,3)

Price is above Supertrend

$57.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.05 / $60.25Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-0.129Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 20.3Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Balanced zone

-70.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$0.9646 (1.61%)Range
Bollinger Bands (20,2)

Width 5.19%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.79 / $58.73Range
ATR channel lower / upper

Current Volatility Envelope

$59.1 / $61.02Range

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

-14.16%Bearish
Volume ratio

Relative to 20-period average volume

0.82xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.05Range
Support

Nearest Downside Decision Level

$57.91Range

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