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 the strength indicated by the weekly MACD being mildly bullish but contradicted by the monthly MACD and other indicators showing bearish signals. The Bollinger Bands and KST are both bearish on weekly and monthly time frames, while moving averages are bearish on a daily basis. Dow Theory shows a mildly bullish stance on both weekly and monthly, but overall, the bearish indicators dominate.
In terms of performance, Fortive's returns are significantly lagging behind the S&P 500, with a year-to-date return of -15.40% compared to the S&P's 11.41%, and a one-year return of -17.85% versus 13.36% for the index.