Fortive Corp

FTV is in Stage 4 distribution with bearish EMA alignment and failure to reclaim key trendlines. Extreme oversold conditions grant mean-reversion eligibility, justifying a medium-term bullish bias despite structural weakness. Short-term timing is unfavorable as price trades below falling 9/20 EMAs and the 200-day SMA. Patience is required: stalk for a pullback into the 200-day SMA or the 9/20 EMA zone and seek clear acceptance before initiating long exposure.

• ↑Q2 revenue $1.1B (+8% YoY); core sales up 6.7%
• ↑Adjusted EPS $0.74 (+28% YoY); EBITDA $323M (+12%)
• ↓Tariff and macro pressures hit margins, especially in Europe