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Downtrend ExhaustionArchive - 8/1/2025 - 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 dropped -4.97 points, or -9.65%, and closed at 46.55 on Friday, August 1, 2025. Weekly volume was 92% above average. FTV is a member of Industrials Sector. Industrials is the most overbought 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 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 uptrend support line (72.29) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FTV may retest the broken support line. It is considered to be a resistance line now. 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 long-term trend.
Medium-term trend: [See FTV medium-term trend chart] A medium-term downtrend had started on February 20, 2025 at 83.32 and reached 46.47 on August 1, 2025. FTV lost 36.85 points, or 44.23%, in 23 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (78.12) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 medium-term trend.
Weekly Technical Indicators: [See FTV weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since June 27, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 June 9, 2025 at 73.77 and reached 46.47 on August 1, 2025. FTV lost 27.30 points, or 37.01%, in 53 days. Price is near the trend low.
Daily Technical Indicators: [See FTV daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. Daily Relative Strength Index has bullish divergence. Use the following links to access the Relative Strength Index help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Relative Strength Index help. The daily MACD line is above its signal line since July 21, 2025. The distance between MACD and the signal line is low and getting smaller. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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