FTV closes higher for the 6th day in a row
Fortive Corp (FTV) Technical Analysis Report for Sep 14, 2018
Moving higher for the 6th day in a row, FTV finished the week 2.83% higher at 86.98 after gaining $0.48 (0.55%) today on high volume. Today's closing price of 86.98 marks the highest close since Inception. Closing above Thursday's high at 86.74, Fortive Corp confirms its breakout through the prior session's high having traded $0.90 above it intraday.
Friday's trading range was $1.34 (1.55%), that's above last trading month's daily average range of $1.02. Weekly volatility is also higher, being slightly above the markets average with the monthly volatility being way above average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bearish.
Market Conditions for Fortive Corp
|Condition||Forecast||Direction||Direction||Win Rate||Win Rate||Exit Day||Exit Day||Events|
|7 Consecutive Higher Closes||TQ Pro Members Only|
|High close to previous High||TQ Pro Members Only|
|Bullish High-Wave Candle||TQ Pro Members Only|
|Bullish Spinning Top||TQ Pro Members Only|
|52 Week High||TQ Pro Members Only|
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Top Market Movers