The Greedy Trader Weekly Analysis
Sign In Oct 30, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 10/23/2026 -
Sign In to see current Signals.

Fortive Corp (FTV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorTrend support at 59.95
Daily :Lane's Stochastic is overboughtBroken trend resistance line
Move cursor over the icon to see details.

It was a second consecutive positive week for the Fortive Corp (FTV). During the week, the FTV gained 2.46 points, or 4.26%, and closed at 60.25 on Friday, October 23, 2026. It was the best weekly gain since August 7, 2026. Weekly volume was -24% below average.

FTV is a member of Industrials Sector. Industrials is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See FTV long-term trend chart]
A long-term downtrend had started on March 22, 2024 at 87.10 and reached 46.34 on August 11, 2025. FTV lost 40.76 points, or 46.80%, in 72 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 22.71 and resistance is at 76.34. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.

Medium-term trend: [See FTV medium-term trend chart]
A medium-term uptrend had started on August 11, 2025 at 46.34 and reached 64.56 on July 28, 2026. FTV gained -18.22 points, or -39.32%, in 50 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (59.95) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See FTV weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since July 31, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See FTV short-term trend chart]
A short-term uptrend had started on September 10, 2026 at 54.13 and reached 60.94 on October 23, 2026. FTV gained -6.81 points, or -12.58%, in 43 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (56.38) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.

Daily Technical Indicators: [See FTV daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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 daily MACD line is above its signal line since September 21, 2026. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.74
Williams' Percentage Range (W%R) 20.60
Lane's Stochastic (%D-Slow) 85.20
Overbought
Greed/Fear Indicator (GFI) 77.43
Moving Average Converg./Diverg. (MACD) 0.26
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.00
Williams' Percentage Range (W%R) 47.20
Lane's Stochastic (%D-Slow) 36.71
Greed/Fear Indicator (GFI) 47.31
Moving Average Converg./Diverg. (MACD) -0.02
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 65.72
Daily Stochastic Crossing 60.55
Upper Bollinger Band 60.48
Price 60.25
Quarterly Trendline Support 59.95
Weekly Trendline Resistance 59.09
Parabolic System 57.73
50 Day Moving Average 57.44
20 Day Moving Average 57.39
Weekly Stochastic Crossing 56.99
Weekly Trendline Support 56.38
Lower Bollinger Band 55.10
Monthly Trendline Resistance 52.56
Monthly Trendline Support 50.55
Sector and Industry
Description Name Rank
Sector Industrials 2
Industry Industrial Machinery 33
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 57.29
Low Date 10/19/2026
High 60.94
High Date 10/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 59.09
Support 56.38
Low 54.13
Low Date 09/10/2026
High 60.94
High Date 10/23/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 52.56
Support 50.55
High 64.56
High Date 07/28/2026
Low 54.13
Low Date 09/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 65.72
Support 59.95
Low 46.34
Low Date 08/11/2025
High 64.56
High Date 07/28/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 76.34
Support 22.71
High 87.10
High Date 03/22/2024
Low 46.34
Low Date 08/11/2025
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.