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Based on Fortive's 15-minute chart, there are several technical indicators that suggest a bearish trend. The narrowing of Bollinger Bands indicates a decrease in stock price volatility, while the KDJ Death Cross and bearish Marubozu candlestick pattern at 12/02/2025 13:00 suggest a downward momentum shift. The KDJ indicator's death cross implies that the momentum of the stock price is shifting towards the downside, and the bearish Marubozu candlestick pattern indicates that sellers are in control of the market. Overall, these indicators suggest that the bearish momentum is likely to continue.
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