FTV closes higher for the 6th day in a row
Fortive Corporation (FTV) Technical Analysis Report for Sep 14, 2018 | by Techniquant Editorial Team
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.
Daily Candlestick Chart (FTV as at Sep 14, 2018):
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.