US stock / ETF

Fortive Corporation

FTV · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

FTV 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $60.26 and stabilize above resistance $64.56.

Invalidation Trigger

Break above $64.56 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.3, MACD -0.130

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.24 (2.09%)

4h

EMA Structure

Bearish
EMA 8$59.48Bearish
EMA 21$60.26Bearish
EMA 50$60.9Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.3 · MACD -0.130

Momentum is weak

Strength
Bearish
Volatility
ATR $1.24 · BB 14.27%

Low volatility

Strength
Range
Volume
MFI 34.3 · OBV -275.73%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$57.58 - $64.56

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.78% · 5.2 ATR above latest close

$65.8
Nearest resistance

+8.69% · 4.2 ATR above · 34-bar high

$64.56
Current price

Price shown is delayed

$59.4
Nearest support

-3.07% · 1.5 ATR below · 34-bar low

$57.58
Deeper support zone

-5.16% · 2.5 ATR below latest close

$56.33
ATR zone

Latest close ± ATR14

$58.16 - $60.64

Indicators

Trend

Dow Theory Structure

Confirmation $60.16, invalidation $57.64

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

Trend strength is active

46.8 / 8.2 / 49.9Bearish
Supertrend (10,3)

Price is above Supertrend

$57.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.97 / $61.07Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Low volatility

$1.24 (2.09%)Range
Bollinger Bands (20,2)

Width 14.27%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.76 / $58.68Range
ATR channel lower / upper

Current Volatility Envelope

$58.16 / $60.64Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$57.58Range

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.130Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.7 / 28.5Bearish
Williams %R (14)

Neutral zone

-72.3Range
CCI (20)

Balanced zone

-50.5Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.3Bearish
OBV slope

20-period OBV slope

-275.73%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Trend

Dow Theory Structure

Confirmation $60.16, invalidation $57.64

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

Trend strength is active

46.8 / 8.2 / 49.9Bearish
Supertrend (10,3)

Price is above Supertrend

$57.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.97 / $61.07Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.130Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.7 / 28.5Bearish
Williams %R (14)

Neutral zone

-72.3Range
CCI (20)

Balanced zone

-50.5Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$1.24 (2.09%)Range
Bollinger Bands (20,2)

Width 14.27%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.76 / $58.68Range
ATR channel lower / upper

Current Volatility Envelope

$58.16 / $60.64Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.3Bearish
OBV slope

20-period OBV slope

-275.73%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.56Range
Support

Nearest Downside Decision Level

$57.58Range

Related Forecasts