Daily

Following the Numbers: Technical Watch on Shares of Fortive Corp (FTV)

Checking in on the 50-day moving average vs price signal for Fortive Corp (FTV), we have noted that the current reading is Buy. We have also taken note of the present signal strength which is showing Average. In terms of the signal direction, we can see that it is displaying a Weakening. At the start of the most recent trading seesion, company shares opened at 88. After touching a high price of 88.2 and falling to a low of 87.37. This is the signal based on the average of where the price is resting relative to the standard interpretation of longer term studies. Digging a little bit deeper, we have seen that the current medium-term opinion signal is 100% Buy, and the short-term reading is currently 80% Buy.

Analyst Rating

Investors may be wanting to view Street analyst ratings on the stock. Fortive Corp (FTV) currently has an analyst rating of 4. This is based on scale where a 5 would represent a Strong Buy, a 4 would indicate a Moderate Buy, 3 a hold, 2 a moderate sell, and a rating of 1 would represent a Strong Sell. Investors are typically scoping out the next great stock choice. Securing that next big winner may involve plenty of perseverance and dedication. Making sense of all the available data may be a tough job. Many successful investors will study the equity markets from different angles. This may include tracking fundamental and technical data. 

Technical Watch

Fortive Corp (FTV) currently has a 9 day relative strength value of 70.36%. This technical momentum indicator compares the size of recent gains to recent losses helping to spot possible overbought and oversold conditions. The 9 day historical volatility reading is currently 8.94%. This measures the average deviation from the average price over the last 9 days. Some market enthusiasts will preach the old adage, nothing ventured nothing gained. Others may stick to the slow and steady wins the race plan. The right move for one investor may not be the same for another. Some may choose to go all in with dicey plays, while others may look to minimize risk with stable long-term staple stocks. Active stock market investors may have the opportunity to make bold decisions, but as in life, there are rarely any subsitutes for hard work, being prepared, and meticulous dedication.

Figuring out when to exit a certain position can be just as important as deciding which stocks to buy in the first place. Many investors will end up holding onto a loser for far too long. The emotional attachment to a particular stock may keep the investor from making the decision to sell when necessary. On the other side of the coin, investors may hold onto a winner for way too long hoping for further gains. Investors may have to come up with a specific plan for what to do in these situations. Planning ahead may help ease the burden of making the tough portfolio decisions.