Fortive Corp (FTV)
Fortive Corporation is a leading American diversified industrial technology company based in Everett, Washington, specializing in the development of innovative solutions across a range of sectors, including automation, sensing, and software. With a commitment to driving productivity and efficiency, Fortive operates through multiple business segments, serving a diverse clientele worldwide. The company's focus on leveraging advanced technology and data analytics positions it well for sustainable growth and competitive advantage in an evolving market landscape. As Fortive continues to expand its portfolio through strategic acquisitions and product innovations, it remains dedicated to enhancing workflow and operational excellence for its customers.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 59.73% per annum.
- FTV price at the close of January 16, 2026 was $54.96 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 0.06% per annum.
- FTV price at the close of January 16, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of FTV price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: August 28, 2025
End date: January 16, 2026
a = 1.6885
b = 0.0013
s = 0.0173
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0013) – 1
= 59.73%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0173) – 1
= 7.15%
August 28, 2025 calculations
Top border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 + 2 × s)
= Exp(a + b × 1,682 + 2 × s)
= Exp(1.6885 + 0.0013 × 1,682 + 2 × 0.0173)
= Exp(3.8811)
= $48.48
Bottom border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 – 2 × s)
= Exp(a + b × 1,682 – 2 × s)
= Exp(1.6885 + 0.0013 × 1,682 – 2 × 0.0173)
= Exp(3.8120)
= $45.24
January 16, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(1.6885 + 0.0013 × 1,823 + 2 × 0.0173)
= Exp(4.0620)
= $58.09
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(1.6885 + 0.0013 × 1,823 – 2 × 0.0173)
= Exp(3.9929)
= $54.21
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 59.73% per annum.
- FTV price at the close of January 16, 2026 was $54.96 and was inside the primary price channel.
Secondary Trend
Start date: December 10, 2025
End date: January 16, 2026
a = 4.0081
b = 0.0000
s = 0.0099
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 0.06%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0099) – 1
= 4.06%
December 10, 2025 calculations
Top border of price channel:
Exp(Y1,230)
= Exp(a + b × X1,230 + 2 × s)
= Exp(a + b × 1,786 + 2 × s)
= Exp(4.0081 + 0.0000 × 1,786 + 2 × 0.0099)
= Exp(4.0308)
= $56.31
Bottom border of price channel:
Exp(Y1,230)
= Exp(a + b × X1,230 – 2 × s)
= Exp(a + b × 1,786 – 2 × s)
= Exp(4.0081 + 0.0000 × 1,786 – 2 × 0.0099)
= Exp(3.9910)
= $54.11
January 16, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(4.0081 + 0.0000 × 1,823 + 2 × 0.0099)
= Exp(4.0309)
= $56.31
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(4.0081 + 0.0000 × 1,823 – 2 × 0.0099)
= Exp(3.9911)
= $54.11
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 0.06% per annum.
- FTV price at the close of January 16, 2026 was inside the secondary price channel.