US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

1 weekBullish89%
Weekly Upside probability 89%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 $166.83.

Invalidation Trigger

Lose $73.55 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 86.0, MACD 5.382

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $11.59 (6.95%)

Weekly

EMA Structure

Bullish
EMA 8$148.63Bullish
EMA 21$124.62Bullish
EMA 50$105.88Bullish

Signals

CategoryReadStrength
Momentum
RSI 86.0 · MACD 5.382

Momentum is strong

Strength
Bullish
Volatility
ATR $11.59 · BB 112.10%

High volatility

Strength
Bearish
Volume
MFI 90.7 · OBV 16.05%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$73.55 - $166.83

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.95% · 1.0 ATR above latest close

$178.42
Nearest resistance

+0% · 0.0 ATR above · 34-bar high

$166.83
Current price

Price shown is delayed

$166.83
Nearest support

-55.91% · 8.0 ATR below · 34-bar low

$73.55
Deeper support zone

-62.86% · 9.0 ATR below latest close

$61.96
ATR zone

Latest close ± ATR14

$155.24 - $178.42

Indicators

Trend

Dow Theory Structure

Confirmation $150.07, invalidation $76.01

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

Trend strength is active

60.3 / 52.9 / 4.4Bullish
Supertrend (10,3)

Price is above Supertrend

$126.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$132.02 / $118.48Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Volatility

ATR (14)

High volatility

$11.59 (6.95%)Bearish
Bollinger Bands (20,2)

Width 112.10%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$148.81 / $102.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$155.24 / $178.42Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.83Range
Support

Nearest Downside Decision Level

$73.55Range

Momentum

RSI (14)

Momentum is strong

86.0Bullish
MACD (12,26,9)

Histogram is positive

5.382Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 95.7Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

108.9Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

90.7Bullish
OBV slope

20-period OBV slope

16.05%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Trend

Dow Theory Structure

Confirmation $150.07, invalidation $76.01

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

Trend strength is active

60.3 / 52.9 / 4.4Bullish
Supertrend (10,3)

Price is above Supertrend

$126.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$132.02 / $118.48Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Momentum

RSI (14)

Momentum is strong

86.0Bullish
MACD (12,26,9)

Histogram is positive

5.382Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 95.7Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

108.9Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$11.59 (6.95%)Bearish
Bollinger Bands (20,2)

Width 112.10%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$148.81 / $102.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$155.24 / $178.42Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

90.7Bullish
OBV slope

20-period OBV slope

16.05%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$166.83Range
Support

Nearest Downside Decision Level

$73.55Range

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