FORTIVE CORP (FTV) Stock Technical Analysis
NYSE:FTV - New York Stock Exchange, Inc. - US34959J1088 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to FTV. FTV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FTV is a bad performer in the overall market: 73% of all stocks are doing better.
FTV is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
FTV has an average volume of 2978190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FTV is part of the Machinery industry. There are 128 other stocks in this industry, FTV did better than 53% of them.
In the last month FTV has a been trading in the 60.38 - 76.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, FTV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
63.49
81.06
We found 1 important support area.
- A support zone ranging from 64.13 to 65.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @67.76 from a horizontal line in the daily time frame.
- Resistance @71.00 from a trend line in the daily time frame.
- Resistance @78.92 from a horizontal line in the daily time frame.
- Resistance @80.26 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.3
Mansfield-0.64
10 Day High68.24
10 Day Low60.39
20 Day High76.54
20 Day Low60.39
52 Week High83.32
52 Week Low60.39
Performance
1 Week2.62%
2 Weeks-3.22%
1 Month-12.35%
3 Month-17.07%
6 Month-15.53%
12 Month-17.68%
2 Year3.72%
3 Year13.81%
5 Year2.25%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)38.55
LBB59.66
UBB74.44
65.44
+0.44 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.68%
1 Week2.62%
2 Weeks-3.22%
1 Month-12.35%
3 Month-17.07%
6 Month-15.53%
12 Month-17.68%
2 Year3.72%
3 Year13.81%
5 Year2.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.47
ATR(20)%4.4%
ATR Inc-55.37%
Range Today0.73
ADR(20)2.57
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.3
Mansfield-0.64
10 Day High68.24
10 Day Low60.39
20 Day High76.54
20 Day Low60.39
52 Week High83.32
52 Week Low60.39
CS1 End65.01
CR1 Start67.76
Volume & EV
DER(3)1.07%
DER(5)0.45%
Volume1.53M
Volume Incr-15.73%
Vol(5)2.57M
Vol(50)2.98M