US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

12 hoursBullish81%
12h Upside probability 81%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 $154 and reclaim $182.91.

Invalidation Trigger

Lose $154 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 62.0, MACD -0.061

12h
Volatility EnvironmentRange
Low volatility

ATR is $3.69 (2.04%)

12h

EMA Structure

Bullish
EMA 8$178.62Bullish
EMA 21$175.83Bullish
EMA 50$170.57Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.0 · MACD -0.061

Momentum is strong

Strength
Range
Volatility
ATR $3.69 · BB 6.10%

Low volatility

Strength
Range
Volume
MFI 75.3 · OBV 4.73%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$154 - $182.91

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.38% · 1.7 ATR above latest close

$186.6
Nearest resistance

+1.34% · 0.7 ATR above · 34-bar high

$182.91
Current price

Price shown is delayed

$180.5
Nearest support

-14.68% · 7.2 ATR below · 34-bar low

$154
Deeper support zone

-16.72% · 8.2 ATR below latest close

$150.31
ATR zone

Latest close ± ATR14

$176.81 - $184.19

Indicators

Trend

Dow Theory Structure

Confirmation $181.8, invalidation $169.5

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

Trend strength is moderate

15.3 / 29.5 / 22.2Bullish
Supertrend (10,3)

Price is above Supertrend

$170.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$175.5 / $167.39Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

Low volatility

$3.69 (2.04%)Range
Bollinger Bands (20,2)

Width 6.10%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$183.39 / $168.7Range
ATR channel lower / upper

Current Volatility Envelope

$176.81 / $184.19Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$182.91Range
Support

Nearest Downside Decision Level

$154Range

Momentum

RSI (14)

Momentum is strong

62.0Bullish
MACD (12,26,9)

Histogram is negative

-0.061Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.0 / 82.9Bearish
Williams %R (14)

Overbought zone

-18.0Bearish
CCI (20)

Strong expansion

136.3Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

75.3Bullish
OBV slope

20-period OBV slope

4.73%Bullish
Volume ratio

Relative to 20-period average volume

2.49xBullish

Trend

Dow Theory Structure

Confirmation $181.8, invalidation $169.5

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

Trend strength is moderate

15.3 / 29.5 / 22.2Bullish
Supertrend (10,3)

Price is above Supertrend

$170.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$175.5 / $167.39Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

62.0Bullish
MACD (12,26,9)

Histogram is negative

-0.061Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.0 / 82.9Bearish
Williams %R (14)

Overbought zone

-18.0Bearish
CCI (20)

Strong expansion

136.3Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$3.69 (2.04%)Range
Bollinger Bands (20,2)

Width 6.10%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$183.39 / $168.7Range
ATR channel lower / upper

Current Volatility Envelope

$176.81 / $184.19Range

Volume / Money Flow

MFI (14)

Money flow is strong

75.3Bullish
OBV slope

20-period OBV slope

4.73%Bullish
Volume ratio

Relative to 20-period average volume

2.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$182.91Range
Support

Nearest Downside Decision Level

$154Range

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