US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 hourBullish80%
1h Upside probability 80%Bullish

FTNT 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $122.73 and reclaim $130.43.

Invalidation Trigger

Lose $122.73 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 58.7, MACD 0.104

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.49 (1.15%)

1h

EMA Structure

Bullish
EMA 8$128.83Bullish
EMA 21$127.88Bullish
EMA 50$126.5Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.7 · MACD 0.104

Momentum is strong

Strength
Bullish
Volatility
ATR $1.49 · BB 4.15%

Low volatility

Strength
Bullish
Volume
MFI 40.7 · OBV 4.87%

Relative to 20-period average volume

Strength
Range
Price Levels
$122.73 - $130.43

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.87% · 1.6 ATR above latest close

$131.91
Nearest resistance

+0.72% · 0.6 ATR above · 34-bar high

$130.43
Current price

Price shown is delayed

$129.49
Nearest support

-5.22% · 4.5 ATR below · 34-bar low

$122.73
Deeper support zone

-6.37% · 5.5 ATR below latest close

$121.24
ATR zone

Latest close ± ATR14

$128 - $130.98

Indicators

Trend

Dow Theory Structure

Confirmation $130.43, invalidation $124.51

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

Trend strength is active

35.8 / 14.7 / 38.2Bearish
Supertrend (10,3)

Price is above Supertrend

$122.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$127.47 / $125.04Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

Low volatility

$1.49 (1.15%)Bullish
Bollinger Bands (20,2)

Width 4.15%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$131.64 / $124.26Bullish
ATR channel lower / upper

Current Volatility Envelope

$128 / $130.98Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.43Range
Support

Nearest Downside Decision Level

$122.73Range

Momentum

RSI (14)

Momentum is strong

58.7Bullish
MACD (12,26,9)

Histogram is positive

0.104Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.2 / 85.3Bearish
Williams %R (14)

Overbought zone

-15.8Bearish
CCI (20)

Balanced zone

41.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.7Bearish
OBV slope

20-period OBV slope

4.87%Bullish
Volume ratio

Relative to 20-period average volume

4.11xBullish

Trend

Dow Theory Structure

Confirmation $130.43, invalidation $124.51

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

Trend strength is active

35.8 / 14.7 / 38.2Bearish
Supertrend (10,3)

Price is above Supertrend

$122.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$127.47 / $125.04Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

58.7Bullish
MACD (12,26,9)

Histogram is positive

0.104Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.2 / 85.3Bearish
Williams %R (14)

Overbought zone

-15.8Bearish
CCI (20)

Balanced zone

41.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.49 (1.15%)Bullish
Bollinger Bands (20,2)

Width 4.15%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$131.64 / $124.26Bullish
ATR channel lower / upper

Current Volatility Envelope

$128 / $130.98Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.7Bearish
OBV slope

20-period OBV slope

4.87%Bullish
Volume ratio

Relative to 20-period average volume

4.11xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.43Range
Support

Nearest Downside Decision Level

$122.73Range

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