US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

FTNT 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $44.2 and reclaim $149.98.

Invalidation Trigger

Lose $44.2 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 75.9, MACD 4.120

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $15.58 (10.53%)

Monthly

EMA Structure

Bullish
EMA 8$107.31Bullish
EMA 21$93.81Bullish
EMA 50$78.75Bullish

Signals

CategoryReadStrength
Momentum
RSI 75.9 · MACD 4.120

Momentum is strong

Strength
Bullish
Volatility
ATR $15.58 · BB 76.00%

High volatility

Strength
Bearish
Volume
MFI 65.3 · OBV 18.78%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$44.2 - $149.98

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.86% · 1.1 ATR above latest close

$165.56
Nearest resistance

+1.34% · 0.1 ATR above · 34-bar high

$149.98
Current price

Price shown is delayed

$148
Nearest support

-70.14% · 6.7 ATR below · 34-bar low

$44.2
Deeper support zone

-80.66% · 7.7 ATR below latest close

$28.62
ATR zone

Latest close ± ATR14

$132.42 - $163.58

Indicators

Trend

Dow Theory Structure

Confirmation $88.51, invalidation $73.62

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

Trend strength is active

29.3 / 34.6 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$94.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$107.06 / $96.32Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Volatility

ATR (14)

High volatility

$15.58 (10.53%)Bearish
Bollinger Bands (20,2)

Width 76.00%

120%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$125.59 / $63.39Bearish
ATR channel lower / upper

Current Volatility Envelope

$132.42 / $163.58Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.98Range
Support

Nearest Downside Decision Level

$44.2Range

Momentum

RSI (14)

Momentum is strong

75.9Bullish
MACD (12,26,9)

Histogram is positive

4.120Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.5 / 77.4Bullish
Williams %R (14)

Overbought zone

-2.5Bearish
CCI (20)

Strong expansion

270.0Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.3Bullish
OBV slope

20-period OBV slope

18.78%Bullish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Trend

Dow Theory Structure

Confirmation $88.51, invalidation $73.62

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

Trend strength is active

29.3 / 34.6 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$94.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$107.06 / $96.32Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Momentum

RSI (14)

Momentum is strong

75.9Bullish
MACD (12,26,9)

Histogram is positive

4.120Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.5 / 77.4Bullish
Williams %R (14)

Overbought zone

-2.5Bearish
CCI (20)

Strong expansion

270.0Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$15.58 (10.53%)Bearish
Bollinger Bands (20,2)

Width 76.00%

120%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$125.59 / $63.39Bearish
ATR channel lower / upper

Current Volatility Envelope

$132.42 / $163.58Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.3Bullish
OBV slope

20-period OBV slope

18.78%Bullish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.98Range
Support

Nearest Downside Decision Level

$44.2Range

Related Forecasts