FORTIVE CORP (FTV) Stock Technical Analysis
NYSE:FTV - New York Stock Exchange, Inc. - US34959J1088 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to FTV. In the last year, FTV was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, FTV is a bad performer in the overall market: 64% of all stocks are doing better.
In the last month FTV has a been trading in the 76.71 - 83.32 range, which is quite wide. It is currently trading near the lows of this range.
FTV has an average volume of 2635820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
FTV is part of the Machinery industry. There are 127 other stocks in this industry, FTV did better than 58% of them.
FTV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FTV is lagging the market slightly.
FTV has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
67.76
82.45
When analyzing the support we can see 4 important areas.
- Support @76.58 from a trend line in the daily time frame.
- A support zone ranging from 73.85 to 75.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 70.33 to 71.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.44 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 78.54 to 81.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.18
Mansfield-0.21
10 Day High83.32
10 Day Low76.71
20 Day High83.32
20 Day Low76.71
52 Week High87.1
52 Week Low66.15
Performance
1 Week-2.25%
2 Weeks-5.87%
1 Month-2.5%
3 Month-0.99%
6 Month10.53%
12 Month-8.16%
2 Year14.58%
3 Year28.2%
5 Year41.53%
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)-0.46
RSI(14)42.61
LBB77.16
UBB83.12
78.11
+0.9 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.17%
1 Week-2.25%
2 Weeks-5.87%
1 Month-2.5%
3 Month-0.99%
6 Month10.53%
12 Month-8.16%
2 Year14.58%
3 Year28.2%
5 Year41.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.64
ATR(20)%2.05%
ATR Inc24.24%
Range Today1.45
ADR(20)1.55
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.18
Mansfield-0.21
10 Day High83.32
10 Day Low76.71
20 Day High83.32
20 Day Low76.71
52 Week High87.1
52 Week Low66.15
CS1 End76.58
CR1 Start78.54
Volume & EV
DER(3)-1.34%
DER(5)-1.55%
Volume4.12M
Volume Incr22%
Vol(5)3.34M
Vol(50)2.64M