Is Fortive Corp. technically bullish or bearish?

As of 10 October 2025, the technical trend for Fortive Corp. has changed from mildly bearish to bearish. The current stance is bearish with weak strength, indicated by the daily moving averages and the bearish signals from Bollinger Bands and KST on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is bearish on the monthly, which adds to the mixed signals. The Dow Theory indicates a mildly bullish stance on the weekly and monthly, but overall, the bearish indicators dominate.
In terms of returns, Fortive has underperformed the S&P 500 across multiple periods, with a year-to-date return of -15.40% compared to the S&P 500's 11.41%, and a one-year return of -17.85% versus the S&P 500's 13.36%.