US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

FTNT 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $139.79 and reclaim $166.83.

Invalidation Trigger

Lose $139.79 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 63.8, MACD -0.062

12h
Volatility EnvironmentRange
Medium volatility

ATR is $6.14 (3.68%)

12h

EMA Structure

Bullish
EMA 8$160.54Bullish
EMA 21$157.75Bullish
EMA 50$150.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.8 · MACD -0.062

Momentum is strong

Strength
Bullish
Volatility
ATR $6.14 · BB 9.71%

Medium volatility

Strength
Range
Volume
MFI 72.7 · OBV 9.71%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$139.79 - $166.83

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.68% · 1.0 ATR above latest close

$172.97
Nearest resistance

+0% · 0.0 ATR above · 34-bar high

$166.83
Current price

Price shown is delayed

$166.83
Nearest support

-16.21% · 4.4 ATR below · 34-bar low

$139.79
Deeper support zone

-19.89% · 5.4 ATR below latest close

$133.65
ATR zone

Latest close ± ATR14

$160.69 - $172.97

Indicators

Trend

Dow Theory Structure

Confirmation $165.81, invalidation $153.43

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

Trend strength is moderate

14.7 / 27.4 / 21.4Bullish
Supertrend (10,3)

Price is above Supertrend

$143.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$157.27 / $149.94Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Volatility

ATR (14)

Medium volatility

$6.14 (3.68%)Range
Bollinger Bands (20,2)

Width 9.71%

104%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$170.15 / $145.8Range
ATR channel lower / upper

Current Volatility Envelope

$160.69 / $172.97Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.83Range
Support

Nearest Downside Decision Level

$139.79Range

Momentum

RSI (14)

Momentum is strong

63.8Bullish
MACD (12,26,9)

Histogram is negative

-0.062Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 63.9Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

142.5Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.7Bullish
OBV slope

20-period OBV slope

9.71%Bullish
Volume ratio

Relative to 20-period average volume

1.52xBullish

Trend

Dow Theory Structure

Confirmation $165.81, invalidation $153.43

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

Trend strength is moderate

14.7 / 27.4 / 21.4Bullish
Supertrend (10,3)

Price is above Supertrend

$143.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$157.27 / $149.94Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Momentum

RSI (14)

Momentum is strong

63.8Bullish
MACD (12,26,9)

Histogram is negative

-0.062Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 63.9Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

142.5Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$6.14 (3.68%)Range
Bollinger Bands (20,2)

Width 9.71%

104%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$170.15 / $145.8Range
ATR channel lower / upper

Current Volatility Envelope

$160.69 / $172.97Range

Volume / Money Flow

MFI (14)

Money flow is strong

72.7Bullish
OBV slope

20-period OBV slope

9.71%Bullish
Volume ratio

Relative to 20-period average volume

1.52xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.83Range
Support

Nearest Downside Decision Level

$139.79Range

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