US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 hourBullish82%
1h Upside probability 82%Bullish

FTNT 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $152.94 and reclaim $165.99.

Invalidation Trigger

Lose $152.94 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 58.7, MACD -0.025

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.84 (1.12%)

1h

EMA Structure

Bullish
EMA 8$163.65Bullish
EMA 21$162.26Bullish
EMA 50$159.91Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.7 · MACD -0.025

Momentum is strong

Strength
Bullish
Volatility
ATR $1.84 · BB 4.62%

Low volatility

Strength
Bullish
Volume
MFI 28.9 · OBV -2.95%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$152.94 - $165.99

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.08% · 1.9 ATR above latest close

$167.83
Nearest resistance

+0.97% · 0.9 ATR above · 34-bar high

$165.99
Current price

Price shown is delayed

$164.4
Nearest support

-6.97% · 6.2 ATR below · 34-bar low

$152.94
Deeper support zone

-8.09% · 7.2 ATR below latest close

$151.1
ATR zone

Latest close ± ATR14

$162.56 - $166.24

Indicators

Trend

Dow Theory Structure

Confirmation $165.99, invalidation $159.51

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

Trend strength is active

46.4 / 36.8 / 24.7Bullish
Supertrend (10,3)

Price is above Supertrend

$158.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.11 / $159.68Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Volatility

ATR (14)

Low volatility

$1.84 (1.12%)Bullish
Bollinger Bands (20,2)

Width 4.62%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$166.36 / $158.37Bullish
ATR channel lower / upper

Current Volatility Envelope

$162.56 / $166.24Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$165.99Range
Support

Nearest Downside Decision Level

$152.94Range

Momentum

RSI (14)

Momentum is strong

58.7Bullish
MACD (12,26,9)

Histogram is negative

-0.025Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.5 / 74.5Bullish
Williams %R (14)

Neutral zone

-24.5Range
CCI (20)

Balanced zone

58.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

28.9Bearish
OBV slope

20-period OBV slope

-2.95%Bearish
Volume ratio

Relative to 20-period average volume

3.97xBullish

Trend

Dow Theory Structure

Confirmation $165.99, invalidation $159.51

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

Trend strength is active

46.4 / 36.8 / 24.7Bullish
Supertrend (10,3)

Price is above Supertrend

$158.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.11 / $159.68Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Momentum

RSI (14)

Momentum is strong

58.7Bullish
MACD (12,26,9)

Histogram is negative

-0.025Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.5 / 74.5Bullish
Williams %R (14)

Neutral zone

-24.5Range
CCI (20)

Balanced zone

58.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$1.84 (1.12%)Bullish
Bollinger Bands (20,2)

Width 4.62%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$166.36 / $158.37Bullish
ATR channel lower / upper

Current Volatility Envelope

$162.56 / $166.24Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.9Bearish
OBV slope

20-period OBV slope

-2.95%Bearish
Volume ratio

Relative to 20-period average volume

3.97xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$165.99Range
Support

Nearest Downside Decision Level

$152.94Range

Related Forecasts