US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

FTNT 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $44.12 and reclaim $170.35.

Invalidation Trigger

Lose $44.12 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 77.2, MACD 7.618

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $17.03 (10.64%)

Monthly

EMA Structure

Bullish
EMA 8$129.23Bullish
EMA 21$105.92Bullish
EMA 50$84.11Bullish

Signals

CategoryReadStrength
Momentum
RSI 77.2 · MACD 7.618

Momentum is strong

Strength
Bullish
Volatility
ATR $17.03 · BB 105.00%

High volatility

Strength
Bearish
Volume
MFI 64.2 · OBV 36.90%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$44.12 - $170.35

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.1% · 1.6 ATR above latest close

$187.38
Nearest resistance

+6.46% · 0.6 ATR above · 34-bar high

$170.35
Current price

Price shown is delayed

$160.01
Nearest support

-72.43% · 6.8 ATR below · 34-bar low

$44.12
Deeper support zone

-83.07% · 7.8 ATR below latest close

$27.09
ATR zone

Latest close ± ATR14

$142.98 - $177.04

Indicators

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

29.2 / 38.3 / 16.5Bullish
Supertrend (10,3)

Price is above Supertrend

$108.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$117.2 / $106.48Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Volatility

ATR (14)

High volatility

$17.03 (10.64%)Bearish
Bollinger Bands (20,2)

Width 105.00%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$143.25 / $70.77Bearish
ATR channel lower / upper

Current Volatility Envelope

$142.98 / $177.04Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.35Range
Support

Nearest Downside Decision Level

$44.12Range

Momentum

RSI (14)

Momentum is strong

77.2Bullish
MACD (12,26,9)

Histogram is positive

7.618Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.7 / 91.7Bearish
Williams %R (14)

Overbought zone

-10.3Bearish
CCI (20)

Strong expansion

211.0Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.2Bullish
OBV slope

20-period OBV slope

36.90%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

29.2 / 38.3 / 16.5Bullish
Supertrend (10,3)

Price is above Supertrend

$108.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$117.2 / $106.48Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Momentum

RSI (14)

Momentum is strong

77.2Bullish
MACD (12,26,9)

Histogram is positive

7.618Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.7 / 91.7Bearish
Williams %R (14)

Overbought zone

-10.3Bearish
CCI (20)

Strong expansion

211.0Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$17.03 (10.64%)Bearish
Bollinger Bands (20,2)

Width 105.00%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$143.25 / $70.77Bearish
ATR channel lower / upper

Current Volatility Envelope

$142.98 / $177.04Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.2Bullish
OBV slope

20-period OBV slope

36.90%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.35Range
Support

Nearest Downside Decision Level

$44.12Range

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