US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

FTNT 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $74.31 and reclaim $183.09.

Invalidation Trigger

Lose $74.31 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 74.0, MACD 0.078

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $14.86 (8.21%)

Weekly

EMA Structure

Bullish
EMA 8$166.76Bullish
EMA 21$150.49Bullish
EMA 50$126.27Bullish

Signals

CategoryReadStrength
Momentum
RSI 74.0 · MACD 0.078

Momentum is strong

Strength
Bullish
Volatility
ATR $14.86 · BB 28.74%

High volatility

Strength
Bearish
Volume
MFI 72.7 · OBV 14.13%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$74.31 - $183.09

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.39% · 1.1 ATR above latest close

$197.95
Nearest resistance

+1.18% · 0.1 ATR above · 34-bar high

$183.09
Current price

Price shown is delayed

$180.95
Nearest support

-58.93% · 7.2 ATR below · 34-bar low

$74.31
Deeper support zone

-67.14% · 8.2 ATR below latest close

$59.45
ATR zone

Latest close ± ATR14

$166.09 - $195.81

Indicators

Trend

Dow Theory Structure

Confirmation $173.89, invalidation $148.25

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

Trend strength is active

52.5 / 26.6 / 11.0Bullish
Supertrend (10,3)

Price is above Supertrend

$128.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$147.61 / $128.32Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Volatility

ATR (14)

High volatility

$14.86 (8.21%)Bearish
Bollinger Bands (20,2)

Width 28.74%

105%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$183.36 / $120.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$166.09 / $195.81Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$183.09Range
Support

Nearest Downside Decision Level

$74.31Range

Momentum

RSI (14)

Momentum is strong

74.0Bullish
MACD (12,26,9)

Histogram is positive

0.078Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.6 / 85.5Bullish
Williams %R (14)

Overbought zone

-5.4Bearish
CCI (20)

Strong expansion

161.8Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.7Bullish
OBV slope

20-period OBV slope

14.13%Bullish
Volume ratio

Relative to 20-period average volume

0.62xBearish

Trend

Dow Theory Structure

Confirmation $173.89, invalidation $148.25

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

Trend strength is active

52.5 / 26.6 / 11.0Bullish
Supertrend (10,3)

Price is above Supertrend

$128.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$147.61 / $128.32Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Momentum

RSI (14)

Momentum is strong

74.0Bullish
MACD (12,26,9)

Histogram is positive

0.078Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.6 / 85.5Bullish
Williams %R (14)

Overbought zone

-5.4Bearish
CCI (20)

Strong expansion

161.8Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$14.86 (8.21%)Bearish
Bollinger Bands (20,2)

Width 28.74%

105%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$183.36 / $120.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$166.09 / $195.81Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.7Bullish
OBV slope

20-period OBV slope

14.13%Bullish
Volume ratio

Relative to 20-period average volume

0.62xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$183.09Range
Support

Nearest Downside Decision Level

$74.31Range

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