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 $170.35.

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 75.2, MACD 2.416

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $13.65 (8.53%)

Weekly

EMA Structure

Bullish
EMA 8$153.42Bullish
EMA 21$132.65Bullish
EMA 50$111.62Bullish

Signals

CategoryReadStrength
Momentum
RSI 75.2 · MACD 2.416

Momentum is strong

Strength
Bullish
Volatility
ATR $13.65 · BB 100.50%

High volatility

Strength
Bearish
Volume
MFI 86.5 · OBV 27.51%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$73.55 - $170.35

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+15% · 1.8 ATR above latest close

$184
Nearest resistance

+6.46% · 0.8 ATR above · 34-bar high

$170.35
Current price

Price shown is delayed

$160.01
Nearest support

-54.03% · 6.3 ATR below · 34-bar low

$73.55
Deeper support zone

-62.57% · 7.3 ATR below latest close

$59.9
ATR zone

Latest close ± ATR14

$146.36 - $173.66

Indicators

Trend

Dow Theory Structure

Confirmation $170.35, invalidation $76.01

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

Trend strength is active

72.2 / 45.0 / 10.0Bullish
Supertrend (10,3)

Price is above Supertrend

$124.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.02 / $121.95Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

High volatility

$13.65 (8.53%)Bearish
Bollinger Bands (20,2)

Width 100.50%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$159.29 / $108.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$146.36 / $173.66Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.35Range
Support

Nearest Downside Decision Level

$73.55Range

Momentum

RSI (14)

Momentum is strong

75.2Bullish
MACD (12,26,9)

Histogram is positive

2.416Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.7 / 86.0Bullish
Williams %R (14)

Overbought zone

-12.3Bearish
CCI (20)

Balanced zone

83.3Range
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.5Bullish
OBV slope

20-period OBV slope

27.51%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Trend

Dow Theory Structure

Confirmation $170.35, invalidation $76.01

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

Trend strength is active

72.2 / 45.0 / 10.0Bullish
Supertrend (10,3)

Price is above Supertrend

$124.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.02 / $121.95Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

75.2Bullish
MACD (12,26,9)

Histogram is positive

2.416Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.7 / 86.0Bullish
Williams %R (14)

Overbought zone

-12.3Bearish
CCI (20)

Balanced zone

83.3Range
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$13.65 (8.53%)Bearish
Bollinger Bands (20,2)

Width 100.50%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$159.29 / $108.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$146.36 / $173.66Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.5Bullish
OBV slope

20-period OBV slope

27.51%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.35Range
Support

Nearest Downside Decision Level

$73.55Range

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