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- 2/28/2025 -
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Fortive Corp (FTV) Technical Analysis

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Summary:
Weekly :Stochastic signal line moved below overbought areaBroken trend resistance line
Daily :Broken trend support lineThe price has fallen below the Parabolic SAR
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It was the negative week for the Fortive Corp (FTV). During the week, the FTV gave back -0.79 points, or -0.99%, and closed at 79.24 on Friday, February 28, 2025. Weekly volume was 28% above average.

Long-term trend: [See FTV long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 37.31 and reached 87.10 on March 22, 2024. FTV gained -49.79 points, or -133.45%, in 209 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 69.55 and resistance is at 88.44. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.

Medium-term trend: [See FTV medium-term trend chart]
A medium-term downtrend had started on March 22, 2024 at 87.10 and reached 66.15 on August 5, 2024. FTV lost 20.95 points, or 24.05%, in 19 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (75.88) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.

Weekly Technical Indicators: [See FTV weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 September 13, 2024. 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 December 19, 2024 at 72.73 and reached 83.32 on February 20, 2025. FTV gained -10.59 points, or -14.56%, in 63 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (79.96) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a short-term trend.

Daily Technical Indicators: [See FTV daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since February 20, 2025.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.67
Williams' Percentage Range (W%R) 63.70
Lane's Stochastic (%D-Slow) 20.88
Greed/Fear Indicator (GFI) 35.96
Moving Average Converg./Diverg. (MACD) 0.57
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.88
Williams' Percentage Range (W%R) 28.30
Lane's Stochastic (%D-Slow) 79.44
Greed/Fear Indicator (GFI) 67.01
Moving Average Converg./Diverg. (MACD) 0.91
Trading Signals
Description Value Chart
Yearly Trendline Resistance 88.44
Weekly Trendline Resistance 83.70
Parabolic System 83.03
Upper Bollinger Band 82.05
Weekly Stochastic Crossing 81.16
Monthly Trendline Resistance 80.59
20 Day Moving Average 80.41
Weekly Trendline Support 79.96
Daily Stochastic Crossing 79.49
Price 79.24
50 Day Moving Average 78.43
Lower Bollinger Band 78.13
Monthly Trendline Support 76.03
Quarterly Trendline Support 75.88
Quarterly Trendline Resistance 74.10
Yearly Trendline Support 69.55
Sector and Industry
Description Name Rank
Sector Industrials 3
Industry Industrial Machinery 50
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 83.32
High Date 02/20/2025
Low 78.56
Low Date 02/28/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 83.70
Support 79.96
Low 72.73
Low Date 12/19/2024
High 83.32
High Date 02/20/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Valid
Resistance 80.59
Support 76.03
Low 66.15
Low Date 08/05/2024
High 83.32
High Date 02/20/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 74.10
Support 75.88
High 87.10
High Date 03/22/2024
Low 66.15
Low Date 08/05/2024
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 88.44
Support 69.55
Low 37.31
Low Date 03/18/2020
High 87.10
High Date 03/22/2024
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.