US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 monthBullish89%
Monthly Upside probability 89%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 $54.57 and reclaim $197.13.

Invalidation Trigger

Lose $54.57 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 80.5, MACD 9.166

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $19.87 (11.19%)

Monthly

EMA Structure

Bullish
EMA 8$149.86Bullish
EMA 21$119.2Bullish
EMA 50$91.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 80.5 · MACD 9.166

Momentum is strong

Strength
Bullish
Volatility
ATR $19.87 · BB 129.42%

High volatility

Strength
Bearish
Volume
MFI 81.9 · OBV 46.22%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$54.57 - $197.13

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+22.24% · 2.0 ATR above latest close

$217
Nearest resistance

+11.05% · 1.0 ATR above · 34-bar high

$197.13
Current price

Price shown is delayed

$177.52
Nearest support

-69.26% · 6.2 ATR below · 34-bar low

$54.57
Deeper support zone

-80.45% · 7.2 ATR below latest close

$34.7
ATR zone

Latest close ± ATR14

$157.65 - $197.39

Indicators

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

33.4 / 41.4 / 3.9Bullish
Supertrend (10,3)

Price is above Supertrend

$109.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$134.67 / $119.87Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Volatility

ATR (14)

High volatility

$19.87 (11.19%)Bearish
Bollinger Bands (20,2)

Width 129.42%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$168.68 / $72.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$157.65 / $197.39Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.13Range
Support

Nearest Downside Decision Level

$54.57Range

Momentum

RSI (14)

Momentum is strong

80.5Bullish
MACD (12,26,9)

Histogram is positive

9.166Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.1 / 92.7Bearish
Williams %R (14)

Overbought zone

-15.9Bearish
CCI (20)

Strong expansion

164.9Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

81.9Bullish
OBV slope

20-period OBV slope

46.22%Bullish
Volume ratio

Relative to 20-period average volume

0.42xBearish

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

33.4 / 41.4 / 3.9Bullish
Supertrend (10,3)

Price is above Supertrend

$109.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$134.67 / $119.87Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Momentum

RSI (14)

Momentum is strong

80.5Bullish
MACD (12,26,9)

Histogram is positive

9.166Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.1 / 92.7Bearish
Williams %R (14)

Overbought zone

-15.9Bearish
CCI (20)

Strong expansion

164.9Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volatility

ATR (14)

High volatility

$19.87 (11.19%)Bearish
Bollinger Bands (20,2)

Width 129.42%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$168.68 / $72.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$157.65 / $197.39Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

81.9Bullish
OBV slope

20-period OBV slope

46.22%Bullish
Volume ratio

Relative to 20-period average volume

0.42xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.13Range
Support

Nearest Downside Decision Level

$54.57Range

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