US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

FTNT 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $73.62 and reclaim $149.98.

Invalidation Trigger

Lose $73.62 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 81.6, MACD 6.232

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $10.29 (6.95%)

Weekly

EMA Structure

Bullish
EMA 8$133.84Bullish
EMA 21$112.41Bullish
EMA 50$98.8Bullish

Signals

CategoryReadStrength
Momentum
RSI 81.6 · MACD 6.232

Momentum is strong

Strength
Bullish
Volatility
ATR $10.29 · BB 107.28%

High volatility

Strength
Bearish
Volume
MFI 74.9 · OBV 18.34%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$73.62 - $149.98

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.29% · 1.2 ATR above latest close

$160.27
Nearest resistance

+1.34% · 0.2 ATR above · 34-bar high

$149.98
Current price

Price shown is delayed

$148
Nearest support

-50.26% · 7.2 ATR below · 34-bar low

$73.62
Deeper support zone

-57.21% · 8.2 ATR below latest close

$63.33
ATR zone

Latest close ± ATR14

$137.71 - $158.29

Indicators

Trend

Dow Theory Structure

Confirmation $149.98, invalidation $76.04

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

Trend strength is active

43.8 / 50.0 / 8.0Bullish
Supertrend (10,3)

Price is above Supertrend

$111.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.01 / $110.05Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Volatility

ATR (14)

High volatility

$10.29 (6.95%)Bearish
Bollinger Bands (20,2)

Width 107.28%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$136.31 / $90.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.71 / $158.29Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.98Range
Support

Nearest Downside Decision Level

$73.62Range

Momentum

RSI (14)

Momentum is strong

81.6Bullish
MACD (12,26,9)

Histogram is positive

6.232Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.3 / 95.0Bullish
Williams %R (14)

Overbought zone

-2.7Bearish
CCI (20)

Strong expansion

119.0Bullish
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

74.9Bullish
OBV slope

20-period OBV slope

18.34%Bullish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Trend

Dow Theory Structure

Confirmation $149.98, invalidation $76.04

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

Trend strength is active

43.8 / 50.0 / 8.0Bullish
Supertrend (10,3)

Price is above Supertrend

$111.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.01 / $110.05Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Momentum

RSI (14)

Momentum is strong

81.6Bullish
MACD (12,26,9)

Histogram is positive

6.232Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.3 / 95.0Bullish
Williams %R (14)

Overbought zone

-2.7Bearish
CCI (20)

Strong expansion

119.0Bullish
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volatility

ATR (14)

High volatility

$10.29 (6.95%)Bearish
Bollinger Bands (20,2)

Width 107.28%

90%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$136.31 / $90.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.71 / $158.29Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

74.9Bullish
OBV slope

20-period OBV slope

18.34%Bullish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.98Range
Support

Nearest Downside Decision Level

$73.62Range

Related Forecasts