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 $172.09.

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 73.2, MACD 7.203

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.27 (11.9%)

Monthly

EMA Structure

Bullish
EMA 8$127.79Bullish
EMA 21$105.32Bullish
EMA 50$83.85Bullish

Signals

CategoryReadStrength
Momentum
RSI 73.2 · MACD 7.203

Momentum is strong

Strength
Bullish
Volatility
ATR $18.27 · BB 102.81%

High volatility

Strength
Bearish
Volume
MFI 60.9 · OBV 31.70%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$44.12 - $172.09

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+24% · 2.0 ATR above latest close

$190.36
Nearest resistance

+12.1% · 1.0 ATR above · 34-bar high

$172.09
Current price

Price shown is delayed

$153.51
Nearest support

-71.26% · 6.0 ATR below · 34-bar low

$44.12
Deeper support zone

-83.16% · 7.0 ATR below latest close

$25.85
ATR zone

Latest close ± ATR14

$135.24 - $171.78

Indicators

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

29.3 / 36.4 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$100.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.07 / $107.35Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

High volatility

$18.27 (11.9%)Bearish
Bollinger Bands (20,2)

Width 102.81%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$146.1 / $66.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$135.24 / $171.78Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$172.09Range
Support

Nearest Downside Decision Level

$44.12Range

Momentum

RSI (14)

Momentum is strong

73.2Bullish
MACD (12,26,9)

Histogram is positive

7.203Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.8 / 89.1Bearish
Williams %R (14)

Overbought zone

-18.2Bearish
CCI (20)

Strong expansion

200.7Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.9Bullish
OBV slope

20-period OBV slope

31.70%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

29.3 / 36.4 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$100.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$118.07 / $107.35Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

73.2Bullish
MACD (12,26,9)

Histogram is positive

7.203Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.8 / 89.1Bearish
Williams %R (14)

Overbought zone

-18.2Bearish
CCI (20)

Strong expansion

200.7Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$18.27 (11.9%)Bearish
Bollinger Bands (20,2)

Width 102.81%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$146.1 / $66.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$135.24 / $171.78Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.9Bullish
OBV slope

20-period OBV slope

31.70%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$172.09Range
Support

Nearest Downside Decision Level

$44.12Range

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