US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 dayBearish71%
Daily Downside probability 71%Bearish

FTNT 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $158.05 and stabilize above resistance $173.89.

Invalidation Trigger

Break above $173.89 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 47.9, MACD -0.563

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $7.17 (4.59%)

Daily

EMA Structure

Range
EMA 8$157.16Bearish
EMA 21$158.05Bearish
EMA 50$154.77Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.9 · MACD -0.563

Neutral zone

Strength
Bearish
Volatility
ATR $7.17 · BB 14.38%

Medium volatility

Strength
Range
Volume
MFI 49.4 · OBV -1.21%

Relative to 20-period average volume

Strength
Range
Price Levels
$143.77 - $173.89

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.01% · 3.5 ATR above latest close

$181.06
Nearest resistance

+11.42% · 2.5 ATR above · 34-bar high

$173.89
Current price

Price shown is delayed

$156.07
Nearest support

-7.88% · 1.7 ATR below · 34-bar low

$143.77
Deeper support zone

-12.48% · 2.7 ATR below latest close

$136.6
ATR zone

Latest close ± ATR14

$148.9 - $163.24

Indicators

Trend

Dow Theory Structure

Confirmation $161.98, invalidation $152

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

19.4 / 28.2 / 16.3Bullish
Supertrend (10,3)

Price is above Supertrend

$138.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$160.97 / $158.83Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Volatility

ATR (14)

Medium volatility

$7.17 (4.59%)Range
Bollinger Bands (20,2)

Width 14.38%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$170.46 / $145.62Range
ATR channel lower / upper

Current Volatility Envelope

$148.9 / $163.24Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$173.89Range
Support

Nearest Downside Decision Level

$143.77Range

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is negative

-0.563Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.9 / 31.7Bearish
Williams %R (14)

Neutral zone

-73.1Range
CCI (20)

Balanced zone

-17.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

-1.21%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Trend

Dow Theory Structure

Confirmation $161.98, invalidation $152

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

19.4 / 28.2 / 16.3Bullish
Supertrend (10,3)

Price is above Supertrend

$138.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$160.97 / $158.83Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is negative

-0.563Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.9 / 31.7Bearish
Williams %R (14)

Neutral zone

-73.1Range
CCI (20)

Balanced zone

-17.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$7.17 (4.59%)Range
Bollinger Bands (20,2)

Width 14.38%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$170.46 / $145.62Range
ATR channel lower / upper

Current Volatility Envelope

$148.9 / $163.24Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

-1.21%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$173.89Range
Support

Nearest Downside Decision Level

$143.77Range

Related Forecasts