Fortive Corporation (FTV)

Fortive Corporation is trading at $59.89, down 1.24% on the session. The 50 day average sits at $61.24 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 52.3, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $60.84 with resistance near $62.63, so that band frames the current range. Average daily movement is roughly $1.43, or about 2.4% of the share price, which is what any stop placement has to allow for. The overall health score of 57 out of 100 combines a trend score of 32, momentum of 65 and a risk score of 85.

Fortive Corporation designs, develops, manufactures, and markets products, software, and services in the United States, China, and internationally. It operates through Intelligent Operating Solutions and Advanced Healthcare Solutions segments. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including maintenance, repair, measurement and condition monitoring, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. This segment markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, and SERVICECHANNEL brand names. The Advanced Healthcare Solutions segment provides critical workflow solutions comprising instrument sterilization, instrument tracking, biomedical test tools, radiation detection and safety monitoring, and end-to-end clinical productivity software and solutions under the ASP, CENSIS, FLUKE BIOMEDICAL, LANDAUER, and PROVATION brand names. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.