US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 dayBearish63%
Daily Downside probability 63%Bearish

FTNT 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $157.32 and stabilize above resistance $172.09.

Invalidation Trigger

Break above $172.09 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 45.5, MACD -1.386

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $5.12 (3.34%)

Daily

EMA Structure

Range
EMA 8$155.73Bearish
EMA 21$157.32Bearish
EMA 50$151.73Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.5 · MACD -1.386

Neutral zone

Strength
Bearish
Volatility
ATR $5.12 · BB 12.34%

Medium volatility

Strength
Range
Volume
MFI 32.6 · OBV 2.10%

Relative to 20-period average volume

Strength
Range
Price Levels
$143.77 - $172.09

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.44% · 4.6 ATR above latest close

$177.21
Nearest resistance

+12.1% · 3.6 ATR above · 34-bar high

$172.09
Current price

Price shown is delayed

$153.51
Nearest support

-6.34% · 1.9 ATR below · 34-bar low

$143.77
Deeper support zone

-9.68% · 2.9 ATR below latest close

$138.65
ATR zone

Latest close ± ATR14

$148.39 - $158.63

Indicators

Trend

Dow Theory Structure

Confirmation $172.09, invalidation $158.27

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

21.9 / 13.6 / 24.5Bearish
Supertrend (10,3)

Price is above Supertrend

$136.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$157.47 / $154.55Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Volatility

ATR (14)

Medium volatility

$5.12 (3.34%)Range
Bollinger Bands (20,2)

Width 12.34%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$167.07 / $147.61Range
ATR channel lower / upper

Current Volatility Envelope

$148.39 / $158.63Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$172.09Range
Support

Nearest Downside Decision Level

$143.77Range

Momentum

RSI (14)

Neutral zone

45.5Range
MACD (12,26,9)

Histogram is negative

-1.386Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.1 / 15.5Bullish
Williams %R (14)

Neutral zone

-77.9Range
CCI (20)

Weak expansion

-107.2Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.6Bearish
OBV slope

20-period OBV slope

2.10%Bullish
Volume ratio

Relative to 20-period average volume

0.90xBearish

Trend

Dow Theory Structure

Confirmation $172.09, invalidation $158.27

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

21.9 / 13.6 / 24.5Bearish
Supertrend (10,3)

Price is above Supertrend

$136.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$157.47 / $154.55Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Momentum

RSI (14)

Neutral zone

45.5Range
MACD (12,26,9)

Histogram is negative

-1.386Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.1 / 15.5Bullish
Williams %R (14)

Neutral zone

-77.9Range
CCI (20)

Weak expansion

-107.2Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Medium volatility

$5.12 (3.34%)Range
Bollinger Bands (20,2)

Width 12.34%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$167.07 / $147.61Range
ATR channel lower / upper

Current Volatility Envelope

$148.39 / $158.63Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.6Bearish
OBV slope

20-period OBV slope

2.10%Bullish
Volume ratio

Relative to 20-period average volume

0.90xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$172.09Range
Support

Nearest Downside Decision Level

$143.77Range

Related Forecasts