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Archive - 3/6/2026 - 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 -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.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Industrials |
8 |
| Industry |
Industrial Machinery |
74 |
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| 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 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
62.42 |
| High Date |
02/11/2026 |
| Low |
54.97 |
| Low Date |
02/12/2026 |
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| 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 |
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| Quarterly Trend |
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| 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 |
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| 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 |
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