US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

3 monthsBullish76%
3M Upside probability 76%Bullish

FTNT 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $14.04 and reclaim $197.13.

Invalidation Trigger

Lose $14.04 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 62.6, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $31.45 (24.28%)

3M

EMA Structure

Range
EMA 8$119.05Bullish
EMA 21$88.29Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 62.6 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $31.45 · BB 159.00%

High volatility

Strength
Bearish
Volume
MFI 54.5 · OBV 1.52%

Relative to 20-period average volume

Strength
Range
Price Levels
$14.04 - $197.13

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+76.45% · 3.1 ATR above latest close

$228.58
Nearest resistance

+52.18% · 2.1 ATR above · 30-bar high

$197.13
Current price

Price shown is delayed

$129.54
Nearest support

-89.16% · 3.7 ATR below · 30-bar low

$14.04
Deeper support zone

-113.44% · 4.7 ATR below latest close

-$17.41
ATR zone

Latest close ± ATR14

$98.09 - $160.99

Indicators

Trend

Dow Theory Structure

Confirmation $114.82, invalidation $70.12

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

Trend strength is active

47.5 / 34.6 / 13.5Bullish
Supertrend (10,3)

Price is above Supertrend

$48.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$121.43 / --Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

High volatility

$31.45 (24.28%)Bearish
Bollinger Bands (20,2)

Width 159.00%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$163.23 / $17.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$98.09 / $160.99Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.13Range
Support

Nearest Downside Decision Level

$14.04Range

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

55.8 / 83.1Bearish
Williams %R (14)

Neutral zone

-44.2Range
CCI (20)

Strong expansion

180.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.5Range
OBV slope

20-period OBV slope

1.52%Bullish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Trend

Dow Theory Structure

Confirmation $114.82, invalidation $70.12

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

Trend strength is active

47.5 / 34.6 / 13.5Bullish
Supertrend (10,3)

Price is above Supertrend

$48.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$121.43 / --Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

55.8 / 83.1Bearish
Williams %R (14)

Neutral zone

-44.2Range
CCI (20)

Strong expansion

180.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$31.45 (24.28%)Bearish
Bollinger Bands (20,2)

Width 159.00%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$163.23 / $17.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$98.09 / $160.99Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.5Range
OBV slope

20-period OBV slope

1.52%Bullish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.13Range
Support

Nearest Downside Decision Level

$14.04Range

Related Forecasts