US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

FTNT 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $143.77 and reclaim $173.35.

Invalidation Trigger

Lose $143.77 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 59.0, MACD 0.971

4h
Volatility EnvironmentRange
Medium volatility

ATR is $5.86 (3.57%)

4h

EMA Structure

Bullish
EMA 8$162.34Bullish
EMA 21$159.28Bullish
EMA 50$157.86Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.0 · MACD 0.971

Momentum is strong

Strength
Bullish
Volatility
ATR $5.86 · BB 16.97%

Medium volatility

Strength
Range
Volume
MFI 71.9 · OBV 3.67%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$143.77 - $173.35

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.01% · 2.5 ATR above latest close

$179.21
Nearest resistance

+5.44% · 1.5 ATR above · 34-bar high

$173.35
Current price

Price shown is delayed

$164.4
Nearest support

-12.55% · 3.5 ATR below · 34-bar low

$143.77
Deeper support zone

-16.11% · 4.5 ATR below latest close

$137.91
ATR zone

Latest close ± ATR14

$158.54 - $170.26

Indicators

Trend

Dow Theory Structure

Confirmation $165.99, invalidation $159.51

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.9 / 42.1 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$154.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$159.08 / $158.56Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Volatility

ATR (14)

Medium volatility

$5.86 (3.57%)Range
Bollinger Bands (20,2)

Width 16.97%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$165.61 / $153.22Range
ATR channel lower / upper

Current Volatility Envelope

$158.54 / $170.26Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$173.35Range
Support

Nearest Downside Decision Level

$143.77Range

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is positive

0.971Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.7 / 69.7Bullish
Williams %R (14)

Neutral zone

-30.3Range
CCI (20)

Balanced zone

78.7Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.9Bullish
OBV slope

20-period OBV slope

3.67%Bullish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $165.99, invalidation $159.51

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.9 / 42.1 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$154.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$159.08 / $158.56Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is positive

0.971Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.7 / 69.7Bullish
Williams %R (14)

Neutral zone

-30.3Range
CCI (20)

Balanced zone

78.7Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Medium volatility

$5.86 (3.57%)Range
Bollinger Bands (20,2)

Width 16.97%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$165.61 / $153.22Range
ATR channel lower / upper

Current Volatility Envelope

$158.54 / $170.26Range

Volume / Money Flow

MFI (14)

Money flow is strong

71.9Bullish
OBV slope

20-period OBV slope

3.67%Bullish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$173.35Range
Support

Nearest Downside Decision Level

$143.77Range

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