US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 dayBullish73%
Daily Upside probability 73%Bullish

FTNT 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $139.79 and reclaim $170.35.

Invalidation Trigger

Lose $139.79 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 55.7, MACD -0.334

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.93 (4.33%)

Daily

EMA Structure

Bullish
EMA 8$158.36Bullish
EMA 21$156.48Bullish
EMA 50$146.68Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.7 · MACD -0.334

Momentum is strong

Strength
Range
Volatility
ATR $6.93 · BB 12.10%

Medium volatility

Strength
Range
Volume
MFI 49.3 · OBV 3.63%

Relative to 20-period average volume

Strength
Range
Price Levels
$139.79 - $170.35

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+10.79% · 2.5 ATR above latest close

$177.28
Nearest resistance

+6.46% · 1.5 ATR above · 34-bar high

$170.35
Current price

Price shown is delayed

$160.01
Nearest support

-12.64% · 2.9 ATR below · 34-bar low

$139.79
Deeper support zone

-16.97% · 3.9 ATR below latest close

$132.86
ATR zone

Latest close ± ATR14

$153.08 - $166.94

Indicators

Trend

Dow Theory Structure

Confirmation $169.26, invalidation $143.77

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

Trend strength is moderate

21.8 / 21.2 / 24.4Bearish
Supertrend (10,3)

Price is above Supertrend

$139.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$156.79 / $147.84Bullish
Donchian Channel (20)

20-period breakout channel position

61%Range

Volatility

ATR (14)

Medium volatility

$6.93 (4.33%)Range
Bollinger Bands (20,2)

Width 12.10%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$171.64 / $141.72Range
ATR channel lower / upper

Current Volatility Envelope

$153.08 / $166.94Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.35Range
Support

Nearest Downside Decision Level

$139.79Range

Momentum

RSI (14)

Momentum is strong

55.7Bullish
MACD (12,26,9)

Histogram is negative

-0.334Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.7 / 69.9Bearish
Williams %R (14)

Neutral zone

-36.3Range
CCI (20)

Balanced zone

53.4Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

3.63%Bullish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Trend

Dow Theory Structure

Confirmation $169.26, invalidation $143.77

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

Trend strength is moderate

21.8 / 21.2 / 24.4Bearish
Supertrend (10,3)

Price is above Supertrend

$139.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$156.79 / $147.84Bullish
Donchian Channel (20)

20-period breakout channel position

61%Range

Momentum

RSI (14)

Momentum is strong

55.7Bullish
MACD (12,26,9)

Histogram is negative

-0.334Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.7 / 69.9Bearish
Williams %R (14)

Neutral zone

-36.3Range
CCI (20)

Balanced zone

53.4Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$6.93 (4.33%)Range
Bollinger Bands (20,2)

Width 12.10%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$171.64 / $141.72Range
ATR channel lower / upper

Current Volatility Envelope

$153.08 / $166.94Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

3.63%Bullish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.35Range
Support

Nearest Downside Decision Level

$139.79Range

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