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Archive - 2/28/2025 - Sign In to see current Signals. |
Fortive Corp (FTV) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  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 -0.79 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.
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