Vontier ended Friday at $27.79, a 1.39% increase

A quick look at Friday: Vontier ended Thursday at $27.41. Friday it went up to $27.95 only to drop back, yet still managed to close at $27.79.

Technical analysis trend indicators suggest that investors are seeking long positions as Vontier Corporation price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. According to asset volatility analysis, Bollinger Band® analysis indicates that current price action is approaching the upper band at $27.89, thereby suggesting that Vontier is becoming overvalued. Technical analysis of Vontier's past price action reveals multiple support and resistance levels: Vontier is 20 cents away from testing key resistance at $28. Peaking above this level could inspire market bulls and open the path to further gains.

Overall, while Vontier has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

This rally in Vontier's share price coincided with other technology stocks as Apple added 4.69% to its value, and traded at $173.57. Adobe gained 3.74%, as it traded at $348.4. Texas Instruments gained 2.96%, as it traded at $165.82.

Trading mostly sideways for 1 year, 5 months. The US industrial tech company has gained 42.39% since its lowest print of $16.71 earlier this year.