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Downtrend Broken Resist.Archive
- 6/20/2025 -
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Fortive Corp (FTV) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Fortive Corp (FTV). During the week, the FTV climbed 0.22 points, or 0.32%, and closed at 69.65 on Friday, June 20, 2025. Weekly volume was -12% 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 uptrend had started on March 18, 2020 at 37.31 and reached 87.10 on March 22, 2024. FTV gained -49.79 points, or -133.45%, in 209 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (71.54) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FTV may retest the broken support line. It is considered to be a resistance line now. 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 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 60.39 on April 9, 2025. FTV lost 22.93 points, or 27.52%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (71.53) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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.
The weekly MACD line is above its signal line since June 6, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 June 2, 2025 at 68.58 and reached 73.77 on June 9, 2025. FTV gained -5.19 points, or -7.57%, in 7 days. The price is now at the 79.38% retracement level.
 Daily Technical Indicators: [See FTV daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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 Lane's Stochastic help.
The daily MACD line is below its signal line since June 11, 2025. The distance between MACD and the signal line is low, but getting bigger.
Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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.
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