US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

12 hoursBullish75%
12h Upside probability 75%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 $87.42 and reclaim $149.98.

Invalidation Trigger

Lose $87.42 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 63.0, MACD -1.547

12h
Volatility EnvironmentRange
Medium volatility

ATR is $5.58 (3.83%)

12h

EMA Structure

Bullish
EMA 8$145.63Bullish
EMA 21$140.19Bullish
EMA 50$124.25Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.0 · MACD -1.547

Momentum is strong

Strength
Range
Volatility
ATR $5.58 · BB 16.38%

Medium volatility

Strength
Range
Volume
MFI 49.5 · OBV 32.28%

Relative to 20-period average volume

Strength
Range
Price Levels
$87.42 - $149.98

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.65% · 1.7 ATR above latest close

$155.56
Nearest resistance

+2.83% · 0.7 ATR above · 34-bar high

$149.98
Current price

Price shown is delayed

$145.86
Nearest support

-40.06% · 10.5 ATR below · 34-bar low

$87.42
Deeper support zone

-43.89% · 11.5 ATR below latest close

$81.84
ATR zone

Latest close ± ATR14

$140.27 - $151.44

Indicators

Trend

Dow Theory Structure

Confirmation $148.56, invalidation $139.93

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

Trend strength is active

35.8 / 14.4 / 20.7Bearish
Supertrend (10,3)

Price is above Supertrend

$131.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$140.08 / $113.01Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

Medium volatility

$5.58 (3.83%)Range
Bollinger Bands (20,2)

Width 16.38%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$150.98 / $130.54Range
ATR channel lower / upper

Current Volatility Envelope

$140.27 / $151.44Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.98Range
Support

Nearest Downside Decision Level

$87.42Range

Momentum

RSI (14)

Momentum is strong

63.0Bullish
MACD (12,26,9)

Histogram is negative

-1.547Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.6 / 78.9Bearish
Williams %R (14)

Neutral zone

-24.4Range
CCI (20)

Balanced zone

51.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.5Range
OBV slope

20-period OBV slope

32.28%Bullish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Trend

Dow Theory Structure

Confirmation $148.56, invalidation $139.93

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

Trend strength is active

35.8 / 14.4 / 20.7Bearish
Supertrend (10,3)

Price is above Supertrend

$131.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$140.08 / $113.01Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

63.0Bullish
MACD (12,26,9)

Histogram is negative

-1.547Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.6 / 78.9Bearish
Williams %R (14)

Neutral zone

-24.4Range
CCI (20)

Balanced zone

51.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$5.58 (3.83%)Range
Bollinger Bands (20,2)

Width 16.38%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$150.98 / $130.54Range
ATR channel lower / upper

Current Volatility Envelope

$140.27 / $151.44Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.5Range
OBV slope

20-period OBV slope

32.28%Bullish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.98Range
Support

Nearest Downside Decision Level

$87.42Range

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