The Greedy Trader Weekly Analysis
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Archive
- 10/5/2018
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Fortive Corp
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Summary:
Weekly :Lane's Stochastic is overbought
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldStochastic has raised above the signal line
Move cursor over the icon to see details.

It was the negative week for the Fortive Corp (FTV). During the week, the FTV gave back -0.22 points, or -0.26%, and closed at 83.98 on Friday, October 05, 2018. Weekly volume was 431% above average.

Long-term trend: [See FTV long-term trend chart]
A long-term downtrend had started on September 21, 2018 at 88.34 and reached 83.06 on October 5, 2018. FTV lost 5.28 points, or 5.98%, in 2 weeks. The price is now at the 17.42% retracement level.

Medium-term trend: [See FTV medium-term trend chart]
A medium-term uptrend had started on April 27, 2018 at 69.08 and reached 88.34 on September 21, 2018. FTV gained -19.26 points, or -27.88%, in 21 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 82.25 and resistance is at 90.55. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See FTV weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since July 27, 2018. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See FTV short-term trend chart]
A short-term downtrend had started on September 21, 2018 at 88.34 and reached 83.06 on October 5, 2018. FTV lost 5.28 points, or 5.98%, in 14 days. The price is now at the 17.42% retracement level.

Daily Technical Indicators: [See FTV daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since September 21, 2018. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.34
Williams' Percentage Range (W%R) 85.80
Oversold
Lane's Stochastic (%D-Slow) 11.53
Oversold
Greed/Fear Indicator (GFI) 18.36
Oversold
Moving Average Converg./Diverg. (MACD) 0.70
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.30
Williams' Percentage Range (W%R) 28.60
Lane's Stochastic (%D-Slow) 80.23
Overbought
Greed/Fear Indicator (GFI) 70.55
Moving Average Converg./Diverg. (MACD) 2.25
Trading Signals
Description Value Chart
Yearly Trendline Resistance 90.55
Upper Bollinger Band 87.10
Weekly Stochastic Crossing 86.25
20 Day Moving Average 85.46
Parabolic System 84.94
Price 83.98
Daily Stochastic Crossing 83.43
50 Day Moving Average 82.98
Yearly Trendline Support 82.25
Lower Bollinger Band 82.02
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 88.34
High Date 09/21/2018
Low 83.06
Low Date 10/05/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 88.34
High Date 09/21/2018
Low 83.06
Low Date 10/05/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 88.34
High Date 09/21/2018
Low 83.06
Low Date 10/05/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 88.34
High Date 09/21/2018
Low 83.06
Low Date 10/05/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 90.55
Support 82.25
Low 69.08
Low Date 04/27/2018
High 88.34
High Date 09/21/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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