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 $54.57 and reclaim $183.09.

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 81.7, MACD 9.385

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.24 (10.08%)

Monthly

EMA Structure

Bullish
EMA 8$150.63Bullish
EMA 21$119.51Bullish
EMA 50$91.83Bullish

Signals

CategoryReadStrength
Momentum
RSI 81.7 · MACD 9.385

Momentum is strong

Strength
Bullish
Volatility
ATR $18.24 · BB 130.38%

High volatility

Strength
Bearish
Volume
MFI 81.0 · OBV 52.05%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$54.57 - $183.09

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.26% · 1.1 ATR above latest close

$201.33
Nearest resistance

+1.18% · 0.1 ATR above · 34-bar high

$183.09
Current price

Price shown is delayed

$180.95
Nearest support

-69.84% · 6.9 ATR below · 34-bar low

$54.57
Deeper support zone

-79.92% · 7.9 ATR below latest close

$36.33
ATR zone

Latest close ± ATR14

$162.71 - $199.19

Indicators

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

33.2 / 39.7 / 4.2Bullish
Supertrend (10,3)

Price is above Supertrend

$113.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$127.65 / $112.85Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Volatility

ATR (14)

High volatility

$18.24 (10.08%)Bearish
Bollinger Bands (20,2)

Width 130.38%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$164.44 / $77.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$162.71 / $199.19Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$183.09Range
Support

Nearest Downside Decision Level

$54.57Range

Momentum

RSI (14)

Momentum is strong

81.7Bullish
MACD (12,26,9)

Histogram is positive

9.385Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.0 / 97.3Bullish
Williams %R (14)

Overbought zone

-2.0Bearish
CCI (20)

Strong expansion

163.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

81.0Bullish
OBV slope

20-period OBV slope

52.05%Bullish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Trend

Dow Theory Structure

Confirmation $88.6, invalidation $73.55

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

Trend strength is active

33.2 / 39.7 / 4.2Bullish
Supertrend (10,3)

Price is above Supertrend

$113.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$127.65 / $112.85Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Momentum

RSI (14)

Momentum is strong

81.7Bullish
MACD (12,26,9)

Histogram is positive

9.385Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.0 / 97.3Bullish
Williams %R (14)

Overbought zone

-2.0Bearish
CCI (20)

Strong expansion

163.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volatility

ATR (14)

High volatility

$18.24 (10.08%)Bearish
Bollinger Bands (20,2)

Width 130.38%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$164.44 / $77.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$162.71 / $199.19Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

81.0Bullish
OBV slope

20-period OBV slope

52.05%Bullish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$183.09Range
Support

Nearest Downside Decision Level

$54.57Range

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