US stock / ETF

Fortive Corporation

FTV · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

FTV 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $56.42 and reclaim $60.94.

Invalidation Trigger

Lose $56.42 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 71.8, MACD 0.204

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5679 (0.94%)

4h

EMA Structure

Bullish
EMA 8$59.75Bullish
EMA 21$58.83Bullish
EMA 50$57.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 71.8 · MACD 0.204

Momentum is strong

Strength
Bullish
Volatility
ATR $0.5679 · BB 6.97%

Low volatility

Strength
Bullish
Volume
MFI 72.8 · OBV 48.03%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$56.42 - $60.94

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.09% · 2.2 ATR above latest close

$61.51
Nearest resistance

+1.15% · 1.2 ATR above · 34-bar high

$60.94
Current price

Price shown is delayed

$60.25
Nearest support

-6.36% · 6.7 ATR below · 34-bar low

$56.42
Deeper support zone

-7.3% · 7.7 ATR below latest close

$55.85
ATR zone

Latest close ± ATR14

$59.68 - $60.82

Indicators

Trend

Dow Theory Structure

Confirmation $60.94, invalidation $57.85

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

Trend strength is active

31.0 / 45.7 / 10.1Bullish
Supertrend (10,3)

Price is above Supertrend

$58.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.18 / $57.79Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

Low volatility

$0.5679 (0.94%)Bullish
Bollinger Bands (20,2)

Width 6.97%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.05 / $57.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.68 / $60.82Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.94Range
Support

Nearest Downside Decision Level

$56.42Range

Momentum

RSI (14)

Momentum is strong

71.8Bullish
MACD (12,26,9)

Histogram is positive

0.204Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.3 / 86.2Bearish
Williams %R (14)

Overbought zone

-19.7Bearish
CCI (20)

Strong expansion

142.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.8Bullish
OBV slope

20-period OBV slope

48.03%Bullish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Trend

Dow Theory Structure

Confirmation $60.94, invalidation $57.85

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

Trend strength is active

31.0 / 45.7 / 10.1Bullish
Supertrend (10,3)

Price is above Supertrend

$58.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.18 / $57.79Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

71.8Bullish
MACD (12,26,9)

Histogram is positive

0.204Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.3 / 86.2Bearish
Williams %R (14)

Overbought zone

-19.7Bearish
CCI (20)

Strong expansion

142.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volatility

ATR (14)

Low volatility

$0.5679 (0.94%)Bullish
Bollinger Bands (20,2)

Width 6.97%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.05 / $57.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.68 / $60.82Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

72.8Bullish
OBV slope

20-period OBV slope

48.03%Bullish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.94Range
Support

Nearest Downside Decision Level

$56.42Range

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