US stock / ETF

Fortive Corporation

FTV · NYSE · USD

4 hoursBearish86%
4h Downside probability 86%Bearish

FTV 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $61.74 and stabilize above resistance $64.34.

Invalidation Trigger

Break above $64.34 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.3, MACD -0.154

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5768 (0.95%)

4h

EMA Structure

Range
EMA 8$61.45Bearish
EMA 21$61.74Bearish
EMA 50$61.61Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.3 · MACD -0.154

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5768 · BB 5.22%

Low volatility

Strength
Bullish
Volume
MFI 46.3 · OBV -162.86%

Relative to 20-period average volume

Strength
Range
Price Levels
$60.12 - $64.34

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.97% · 7.3 ATR above latest close

$64.91
Nearest resistance

+6.02% · 6.3 ATR above · 34-bar high

$64.34
Current price

Price shown is delayed

$60.68
Nearest support

-0.92% · 1.0 ATR below · 34-bar low

$60.12
Deeper support zone

-1.87% · 2.0 ATR below latest close

$59.54
ATR zone

Latest close ± ATR14

$60.1 - $61.26

Indicators

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $62.52

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

Trend strength is moderate

10.7 / 29.3 / 25.3Bullish
Supertrend (10,3)

Price is above Supertrend

$58.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$62.03 / $61.89Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

Low volatility

$0.5768 (0.95%)Bullish
Bollinger Bands (20,2)

Width 5.22%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.03 / $60.43Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.1 / $61.26Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.34Range
Support

Nearest Downside Decision Level

$60.12Range

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-0.154Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.5 / 19.7Bearish
Williams %R (14)

Oversold zone

-90.5Bullish
CCI (20)

Weak expansion

-119.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.3Range
OBV slope

20-period OBV slope

-162.86%Bearish
Volume ratio

Relative to 20-period average volume

2.24xBullish

Trend

Dow Theory Structure

Confirmation $60.45, invalidation $62.52

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

Trend strength is moderate

10.7 / 29.3 / 25.3Bullish
Supertrend (10,3)

Price is above Supertrend

$58.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$62.03 / $61.89Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-0.154Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.5 / 19.7Bearish
Williams %R (14)

Oversold zone

-90.5Bullish
CCI (20)

Weak expansion

-119.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.5768 (0.95%)Bullish
Bollinger Bands (20,2)

Width 5.22%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.03 / $60.43Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.1 / $61.26Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.3Range
OBV slope

20-period OBV slope

-162.86%Bearish
Volume ratio

Relative to 20-period average volume

2.24xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.34Range
Support

Nearest Downside Decision Level

$60.12Range

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