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, as indicated by the weekly MACD being mildly bullish but the monthly MACD and KST are bearish. The Bollinger Bands and moving averages are also bearish on both weekly and daily time frames. Dow Theory shows a mildly bullish signal on the weekly and monthly, but this is overshadowed by the overall bearish indicators.
In terms of performance, Fortive has underperformed the S&P 500 across multiple periods, with a year-to-date return of -14.02% compared to the S&P 500's 11.41%, and a one-year return of -17.35% versus 13.36% for the index.