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- 8/7/2026 -
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Fortive Corp (FTV) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend support lineWeekly  MACD line has moved below its signal line
Daily :Daily  MACD line has moved above its signal lineA Parabolic SAR indicator is below and near the pricePrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Fortive Corp (FTV). During the week, the FTV gained 2.50 points, or 4.22%, and closed at 61.71 on Friday, August 7, 2026. It was the best weekly gain since June 5, 2026. Weekly volume was -22% below average.

FTV is a member of Industrials Sector. Industrials is the 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 26.92 and resistance is at 77.24. 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 March 30, 2026 at 53.48 and reached 64.56 on July 28, 2026. FTV gained -11.08 points, or -20.72%, in 17 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (63.23) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.

Weekly Technical Indicators: [See FTV weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 July 30, 2026 at 57.48 and reached 62.17 on August 7, 2026. FTV gained -4.69 points, or -8.16%, in 8 days. The price is now at the 9.81% retracement level.

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

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

A Parabolic SAR (stop and reversal) indicator (62.31) comes close to the price (61.71). 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 price has moved above 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.

During the last week, the price 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) 52.51
Williams' Percentage Range (W%R) 54.90
Lane's Stochastic (%D-Slow) 46.58
Greed/Fear Indicator (GFI) 48.05
Moving Average Converg./Diverg. (MACD) -0.12
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.47
Williams' Percentage Range (W%R) 35.10
Lane's Stochastic (%D-Slow) 54.74
Greed/Fear Indicator (GFI) 57.05
Moving Average Converg./Diverg. (MACD) 1.33
Trading Signals
Description Value Chart
Monthly Trendline Resistance 64.79
Upper Bollinger Band 63.63
Monthly Trendline Support 63.23
Parabolic System 62.31
Price 61.71
Weekly Stochastic Crossing 61.11
20 Day Moving Average 61.04
50 Day Moving Average 61.01
Daily Stochastic Crossing 60.18
Lower Bollinger Band 58.31
Sector and Industry
Description Name Rank
Sector Industrials 10
Industry Industrial Machinery 76
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 57.48
Low Date 07/30/2026
High 62.17
High Date 08/07/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 64.56
High Date 07/28/2026
Low 57.48
Low Date 07/30/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 64.79
Support 63.23
Low 53.48
Low Date 03/30/2026
High 64.56
High Date 07/28/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 46.34
Low Date 08/11/2025
High 64.56
High Date 07/28/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 77.24
Support 26.92
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.