US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 dayBearish58%
Daily Downside probability 58%Bearish

FTNT 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is above EMA21, short trend is constructive

Confirmation Trigger

Recover $177.64 and stabilize above resistance $197.13.

Invalidation Trigger

Break above $197.13 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 51.0, MACD -2.087

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.91 (3.89%)

Daily

EMA Structure

Range
EMA 8$176.63Bullish
EMA 21$177.64Bullish
EMA 50$171.51Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.0 · MACD -2.087

Neutral zone

Strength
Range
Volatility
ATR $6.91 · BB 17.87%

Medium volatility

Strength
Range
Volume
MFI 32.9 · OBV -3.68%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$152 - $197.13

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+14.85% · 3.8 ATR above latest close

$204.04
Nearest resistance

+10.97% · 2.8 ATR above · 34-bar high

$197.13
Current price

Price shown is delayed

$177.65
Nearest support

-14.44% · 3.7 ATR below · 34-bar low

$152
Deeper support zone

-18.33% · 4.7 ATR below latest close

$145.09
ATR zone

Latest close ± ATR14

$170.74 - $184.56

Indicators

Trend

Dow Theory Structure

Confirmation $197.13, invalidation $166.22

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

Trend strength is active

33.9 / 24.2 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$154.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$181.64 / $172.69Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

Medium volatility

$6.91 (3.89%)Range
Bollinger Bands (20,2)

Width 17.87%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$191.9 / $163.62Range
ATR channel lower / upper

Current Volatility Envelope

$170.74 / $184.56Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.13Range
Support

Nearest Downside Decision Level

$152Range

Momentum

RSI (14)

Neutral zone

51.0Range
MACD (12,26,9)

Histogram is negative

-2.087Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.0 / 28.1Bullish
Williams %R (14)

Neutral zone

-63.0Range
CCI (20)

Balanced zone

-43.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

32.9Bearish
OBV slope

20-period OBV slope

-3.68%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Trend

Dow Theory Structure

Confirmation $197.13, invalidation $166.22

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

Trend strength is active

33.9 / 24.2 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$154.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$181.64 / $172.69Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Neutral zone

51.0Range
MACD (12,26,9)

Histogram is negative

-2.087Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.0 / 28.1Bullish
Williams %R (14)

Neutral zone

-63.0Range
CCI (20)

Balanced zone

-43.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$6.91 (3.89%)Range
Bollinger Bands (20,2)

Width 17.87%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$191.9 / $163.62Range
ATR channel lower / upper

Current Volatility Envelope

$170.74 / $184.56Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.9Bearish
OBV slope

20-period OBV slope

-3.68%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.13Range
Support

Nearest Downside Decision Level

$152Range

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