US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 hourBullish92%
1h Upside probability 92%Bullish

FTNT 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $148.81 and reclaim $154.43.

Invalidation Trigger

Lose $148.81 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 58.2, MACD 0.472

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9197 (0.6%)

1h

EMA Structure

Range
EMA 8$152.6Bullish
EMA 21$152.3Bullish
EMA 50$153.81Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.2 · MACD 0.472

Momentum is strong

Strength
Bullish
Volatility
ATR $0.9197 · BB 2.76%

Low volatility

Strength
Bullish
Volume
MFI 80.3 · OBV 2.73%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$148.81 - $154.43

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+0.72% · 1.2 ATR above latest close

$155.35
Nearest resistance

+0.12% · 0.2 ATR above · 34-bar high

$154.43
Current price

Price shown is delayed

$154.24
Nearest support

-3.52% · 5.9 ATR below · 34-bar low

$148.81
Deeper support zone

-4.12% · 6.9 ATR below latest close

$147.89
ATR zone

Latest close ± ATR14

$153.32 - $155.16

Indicators

Trend

Dow Theory Structure

Confirmation $152.94, invalidation $151.94

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

Trend strength is moderate

18.3 / 50.8 / 17.7Bullish
Supertrend (10,3)

Price is above Supertrend

$150.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$151.65 / $154.39Bearish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Volatility

ATR (14)

Low volatility

$0.9197 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.76%

108%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$154.59 / $149.97Bullish
ATR channel lower / upper

Current Volatility Envelope

$153.32 / $155.16Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$154.43Range
Support

Nearest Downside Decision Level

$148.81Range

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is positive

0.472Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 91.6Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

179.0Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.3Bullish
OBV slope

20-period OBV slope

2.73%Bullish
Volume ratio

Relative to 20-period average volume

6.18xBullish

Trend

Dow Theory Structure

Confirmation $152.94, invalidation $151.94

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

Trend strength is moderate

18.3 / 50.8 / 17.7Bullish
Supertrend (10,3)

Price is above Supertrend

$150.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$151.65 / $154.39Bearish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is positive

0.472Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 91.6Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

179.0Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$0.9197 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.76%

108%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$154.59 / $149.97Bullish
ATR channel lower / upper

Current Volatility Envelope

$153.32 / $155.16Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

80.3Bullish
OBV slope

20-period OBV slope

2.73%Bullish
Volume ratio

Relative to 20-period average volume

6.18xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$154.43Range
Support

Nearest Downside Decision Level

$148.81Range

Related Forecasts