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- 4/24/2026 -
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Fortive Corp (FTV) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is overbought
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtStochastic has declined below the signal lineLane's Stochastic and MACD bearish divergenceA Parabolic SAR indicator is above and near the price20 Day Moving Average has crossed above the 50 Day Moving Average
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It was a fourth consecutive positive week for the Fortive Corp (FTV). During the week, the FTV climbed 0.57 points, or 0.94%, and closed at 61.09 on Friday, April 24, 2026. Weekly volume was -29% below average.

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 32.54 and resistance is at 78.43. 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 uptrend had started on August 11, 2025 at 46.34 and reached 62.42 on February 11, 2026. FTV gained -16.08 points, or -34.70%, in 26 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 54.23 and resistance is at 62.08. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See FTV weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is above its signal line since September 26, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 April 10, 2026 at 57.95 and reached 61.74 on April 22, 2026. FTV gained -3.79 points, or -6.54%, in 12 days. The price is now at the 17.15% retracement level.

Daily Technical Indicators: [See FTV daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish 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 Lane's Stochastic help.

The daily MACD line is above its signal line since March 31, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

A Parabolic SAR (stop and reversal) indicator (60.64) comes close to the price (61.09). It indicates that the trend is getting weaker. 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.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.30
Williams' Percentage Range (W%R) 9.10
Strong Overbought
Lane's Stochastic (%D-Slow) 83.06
Overbought Bearish
Greed/Fear Indicator (GFI) 82.43
Overbought
Moving Average Converg./Diverg. (MACD) 1.07 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.45
Williams' Percentage Range (W%R) 14.30
Overbought
Lane's Stochastic (%D-Slow) 54.78
Greed/Fear Indicator (GFI) 66.33
Moving Average Converg./Diverg. (MACD) 0.27
Trading Signals
Description Value Chart
Upper Bollinger Band 63.92
Quarterly Trendline Resistance 62.08
Daily Stochastic Crossing 61.14
Price 61.09
Parabolic System 60.64
Weekly Stochastic Crossing 58.60
20 Day Moving Average 58.52
50 Day Moving Average 57.39
Quarterly Trendline Support 54.23
Lower Bollinger Band 54.18
Sector and Industry
Description Name Rank
Sector Industrials 4
Industry Industrial Machinery 66
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 57.95
Low Date 04/10/2026
High 61.74
High Date 04/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 57.95
Low Date 04/10/2026
High 61.74
High Date 04/22/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 53.48
Low Date 03/30/2026
High 61.74
High Date 04/22/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 62.08
Support 54.23
Low 46.34
Low Date 08/11/2025
High 62.42
High Date 02/11/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 78.43
Support 32.54
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.