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 $73.55 and reclaim $173.89.

Invalidation Trigger

Lose $73.55 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 64.2, MACD -1.168

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $13.82 (8.85%)

Weekly

EMA Structure

Bullish
EMA 8$156.72Bearish
EMA 21$142.34Bullish
EMA 50$120.07Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.2 · MACD -1.168

Momentum is strong

Strength
Range
Volatility
ATR $13.82 · BB 51.88%

High volatility

Strength
Bearish
Volume
MFI 65.8 · OBV 18.85%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$73.55 - $173.89

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+20.27% · 2.3 ATR above latest close

$187.71
Nearest resistance

+11.42% · 1.3 ATR above · 34-bar high

$173.89
Current price

Price shown is delayed

$156.07
Nearest support

-52.87% · 6.0 ATR below · 34-bar low

$73.55
Deeper support zone

-61.73% · 7.0 ATR below latest close

$59.73
ATR zone

Latest close ± ATR14

$142.25 - $169.89

Indicators

Trend

Dow Theory Structure

Confirmation $173.89, invalidation $148.25

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

Trend strength is active

58.9 / 20.7 / 15.5Bullish
Supertrend (10,3)

Price is above Supertrend

$111.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$141.89 / $123.72Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

High volatility

$13.82 (8.85%)Bearish
Bollinger Bands (20,2)

Width 51.88%

63%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$173.78 / $113.22Bearish
ATR channel lower / upper

Current Volatility Envelope

$142.25 / $169.89Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$173.89Range
Support

Nearest Downside Decision Level

$73.55Range

Momentum

RSI (14)

Momentum is strong

64.2Bullish
MACD (12,26,9)

Histogram is negative

-1.168Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.4 / 65.5Bearish
Williams %R (14)

Neutral zone

-43.6Range
CCI (20)

Balanced zone

49.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

65.8Bullish
OBV slope

20-period OBV slope

18.85%Bullish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Trend

Dow Theory Structure

Confirmation $173.89, invalidation $148.25

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

Trend strength is active

58.9 / 20.7 / 15.5Bullish
Supertrend (10,3)

Price is above Supertrend

$111.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$141.89 / $123.72Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

64.2Bullish
MACD (12,26,9)

Histogram is negative

-1.168Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.4 / 65.5Bearish
Williams %R (14)

Neutral zone

-43.6Range
CCI (20)

Balanced zone

49.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$13.82 (8.85%)Bearish
Bollinger Bands (20,2)

Width 51.88%

63%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$173.78 / $113.22Bearish
ATR channel lower / upper

Current Volatility Envelope

$142.25 / $169.89Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.8Bullish
OBV slope

20-period OBV slope

18.85%Bullish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$173.89Range
Support

Nearest Downside Decision Level

$73.55Range

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