Fortive (FTV) Technical Analysis

Fortive Corp (FTV) is a publicly traded company that operates in the technology sector. Technical analysis of FTV involves the use of various indicators to predict future stock price movements. One of the commonly used indicators is the Relative Strength Index (RSI), which measures the strength and momentum of the stock. The RSI value for FTV can provide insights into whether the stock is overbought or oversold. Another indicator is the Average Directional Index (ADX), which helps identify the strength of a trend. A higher ADX value indicates a stronger trend.

Moving Average Convergence Divergence (MACD) is another important indicator used in technical analysis. It is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A positive MACD value suggests upward momentum, while a negative value indicates downward momentum. Rate of Change (ROC) is a momentum indicator that measures the percentage change in price over a specified period. FTV's ROC value can reveal the stock's momentum relative to its past performance.