FORTIVE CORP (FTV) Stock Technical Analysis
USA - NYSE:FTV - US34959J1088 - Common Stock
Overall FTV gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. FTV was also a bad performer in the overall market in the last year.
The technical rating of FTV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
46.07
3 important support areas can be observed.
- A support zone ranging from 48.85 to 49.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @47.67 from a horizontal line in the daily time frame.
- A support zone ranging from 46.54 to 46.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 50.42 to 51.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.17 to 60.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @77.53 from a trend line 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 | UP | POSITIVE | The short term trend for FTV is up. |
| ChartMill Relative Strength | 17.92 | NEGATIVE | FTV has a low relative strength, it was outperformed by 82.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FTV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTV is above the rising 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) | 56.39 | NEUTRAL | The RSI value for FTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests FTV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.43 | NEUTRAL | The Stochastics value for FTV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for FTV suggests some volalility. |
| Average Directional Index/ADX (14) | 26.34 | POSITIVE | The high ADX value value for FTV suggests a strong trend. |
50.34
-0.91 (-1.78%)
FORTIVE CORP / FTV FAQ
Can you provide the ChartMill technical rating for FORTIVE CORP?
ChartMill assigns a technical rating of 2 / 10 to FTV.
What is the trend direction for FTV stock?
The current trend direction for FORTIVE CORP (FTV) is Bearish.
Can you provide the RSI signal for FORTIVE CORP?
FORTIVE CORP (FTV) has an RSI value of 56.3881. This indicates that the stock is currently neutral.
What is the MACD signal for FORTIVE CORP (FTV) stock?
The MACD indicator for FORTIVE CORP (FTV) has a value of 0.158888, indicating a bearish trend.
Can you provide the support and resistance levels for FORTIVE CORP?
FORTIVE CORP (FTV) has a support level at 49.78 and a resistance level at 50.42. Check the full technical report for our detailed analysis of FTV support and resistance levels.