FORTIVE CORP (FTV) Stock Technical Analysis
NYSE:FTV - US34959J1088 - Common Stock
48.01 USD
-0.56 (-1.15%)
48.01 USD
0 (0%)
We assign a technical rating of 1 out of 10 to FTV. FTV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than FTV.
FTV is one of the lesser performing stocks in the Machinery industry. 91% of 127 stocks in the same industry do better.
FTV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month FTV has a been trading in the 46.34 - 49.52 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FTV has an average volume of 4301820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FTV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
46.07
79.99
We found 1 important support area.
- A support zone ranging from 46.54 to 46.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 48.28 to 49.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @66.01 from a trend line in the daily time frame.
- Resistance @73.74 from a horizontal line in the daily time frame.
- A resistance zone ranging from 78.40 to 79.20. This zone is formed by a combination of multiple trend lines in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FTV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTV is down. |
| ChartMill Relative Strength | 5.85 | NEGATIVE | FTV has a low relative strength, it was outperformed by 94.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.64 | NEUTRAL | The RSI value for FTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests FTV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.63 | NEUTRAL | The Stochastics value for FTV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for FTV suggests some volalility. |
| Average Directional Index/ADX (14) | 24.82 | NEUTRAL | The ADX value for FTV suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
48.01
-0.56 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.15%
1 Week0.52%
2 Weeks0.44%
1 Month0.17%
3 Month-31.6%
6 Month-39.64%
12 Month-35.47%
2 Year-39.11%
3 Year-24.19%
5 Year-33.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.97
ATR(20)%2.15%
ATR Inc-8.32%
Range Today1.12
ADR(20)0.92
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.85
Mansfield-3.81
10 Day High49.52
10 Day Low47.62
20 Day High49.52
20 Day Low46.34
52 Week High83.32
52 Week Low46.34
CS1 End46.54
CR1 Start48.28
Volume & EV
DER(3)-3.84%
DER(5)-3.57%
Volume4.02M
Volume Incr-27.57%
Vol(5)3.61M
Vol(50)4.30M