The Greedy Trader Weekly Analysis
Sign In Mar 13, 2026
Skip Navigation Links
Share
Number of records: 0
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 3/6/2026 -
Sign In to see current Signals.

Fortive Corp (FTV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Daily  MACD line has moved below its signal linePrice is near the Fibonacci 38.2% retracement levelThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Fortive Corp (FTV). During the week, the FTV dropped -1.81 points, or -3.06%, and closed at 57.39 on Friday, March 6, 2026. Weekly volume was -13% below average.

FTV is a member of Industrials Sector. Industrials is the second 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 downtrend had started on March 22, 2024 at 87.10 and reached 46.34 on August 11, 2025. FTV lost 40.76 points, or 46.80%, in 72 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 35.19 and resistance is at 78.99. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern 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 46.34 on August 11, 2025. FTV lost 36.98 points, or 44.38%, in 24 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (23.86) 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.

The weekly MACD line is above its signal line since September 26, 2025. 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 February 26, 2026 at 60.37 and reached 55.60 on March 6, 2026. FTV lost 4.77 points, or 7.90%, in 8 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.82
Williams' Percentage Range (W%R) 69.40
Lane's Stochastic (%D-Slow) 41.94
Greed/Fear Indicator (GFI) 41.79
Moving Average Converg./Diverg. (MACD) 0.71
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.89
Williams' Percentage Range (W%R) 35.70
Lane's Stochastic (%D-Slow) 59.75
Greed/Fear Indicator (GFI) 59.12
Moving Average Converg./Diverg. (MACD) -0.54
Trading Signals
Description Value Chart
Parabolic System 60.85
Upper Bollinger Band 60.52
Monthly Trendline Resistance 59.46
Weekly Stochastic Crossing 58.53
20 Day Moving Average 58.39
Daily Stochastic Crossing 57.46
Price 57.39
50 Day Moving Average 56.38
Lower Bollinger Band 55.03
Monthly Trendline Support 50.96
Sector and Industry
Description Name Rank
Sector Industrials 8
Industry Industrial Machinery 74
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 60.37
High Date 02/26/2026
Low 55.60
Low Date 03/06/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 62.42
High Date 02/11/2026
Low 54.97
Low Date 02/12/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 59.46
Support 50.96
Low 46.34
Low Date 08/11/2025
High 62.42
High Date 02/11/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 41.83
Support 23.86
High 83.32
High Date 02/20/2025
Low 46.34
Low Date 08/11/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 78.99
Support 35.19
High 87.10
High Date 03/22/2024
Low 46.34
Low Date 08/11/2025
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.