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 $50.65 and reclaim $173.89.

Invalidation Trigger

Lose $50.65 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 71.3, MACD 7.784

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.98 (12.16%)

Monthly

EMA Structure

Bullish
EMA 8$136.92Bullish
EMA 21$111.3Bullish
EMA 50$87.31Bullish

Signals

CategoryReadStrength
Momentum
RSI 71.3 · MACD 7.784

Momentum is strong

Strength
Bullish
Volatility
ATR $18.98 · BB 114.19%

High volatility

Strength
Bearish
Volume
MFI 68.2 · OBV 28.61%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$50.65 - $173.89

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+23.58% · 1.9 ATR above latest close

$192.87
Nearest resistance

+11.42% · 0.9 ATR above · 34-bar high

$173.89
Current price

Price shown is delayed

$156.07
Nearest support

-67.55% · 5.6 ATR below · 34-bar low

$50.65
Deeper support zone

-79.71% · 6.6 ATR below latest close

$31.67
ATR zone

Latest close ± ATR14

$137.09 - $175.05

Indicators

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

28.3 / 34.6 / 14.8Bullish
Supertrend (10,3)

Price is above Supertrend

$99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.97 / $108.25Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$18.98 (12.16%)Bearish
Bollinger Bands (20,2)

Width 114.19%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$153.79 / $71.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.09 / $175.05Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$173.89Range
Support

Nearest Downside Decision Level

$50.65Range

Momentum

RSI (14)

Momentum is strong

71.3Bullish
MACD (12,26,9)

Histogram is positive

7.784Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.8 / 90.2Bearish
Williams %R (14)

Overbought zone

-17.2Bearish
CCI (20)

Strong expansion

158.7Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

68.2Bullish
OBV slope

20-period OBV slope

28.61%Bullish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

28.3 / 34.6 / 14.8Bullish
Supertrend (10,3)

Price is above Supertrend

$99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.97 / $108.25Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

71.3Bullish
MACD (12,26,9)

Histogram is positive

7.784Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.8 / 90.2Bearish
Williams %R (14)

Overbought zone

-17.2Bearish
CCI (20)

Strong expansion

158.7Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

High volatility

$18.98 (12.16%)Bearish
Bollinger Bands (20,2)

Width 114.19%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$153.79 / $71.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.09 / $175.05Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

68.2Bullish
OBV slope

20-period OBV slope

28.61%Bullish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$173.89Range
Support

Nearest Downside Decision Level

$50.65Range

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