US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

4 hoursBullish82%
4h Upside probability 82%Bullish

FTNT 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $117.5 and reclaim $131.11.

Invalidation Trigger

Lose $117.5 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 58.0, MACD 1.149

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.06 (1.59%)

4h

EMA Structure

Range
EMA 8$127.9Bullish
EMA 21$126.57Bullish
EMA 50$132.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 58.0 · MACD 1.149

Momentum is strong

Strength
Bullish
Volatility
ATR $2.06 · BB 10.34%

Low volatility

Strength
Range
Volume
MFI 44.8 · OBV 142.32%

Relative to 20-period average volume

Strength
Range
Price Levels
$117.5 - $131.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.84% · 1.8 ATR above latest close

$133.17
Nearest resistance

+1.25% · 0.8 ATR above · 34-bar high

$131.11
Current price

Price shown is delayed

$129.49
Nearest support

-9.26% · 5.8 ATR below · 34-bar low

$117.5
Deeper support zone

-10.85% · 6.8 ATR below latest close

$115.44
ATR zone

Latest close ± ATR14

$127.43 - $131.55

Indicators

Trend

Dow Theory Structure

Confirmation $130.34, invalidation $124.51

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

Trend strength is active

22.9 / 35.7 / 28.7Bullish
Supertrend (10,3)

Price is above Supertrend

$122.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.72 / $128.69Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

Low volatility

$2.06 (1.59%)Range
Bollinger Bands (20,2)

Width 10.34%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$130.54 / $122.55Range
ATR channel lower / upper

Current Volatility Envelope

$127.43 / $131.55Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.11Range
Support

Nearest Downside Decision Level

$117.5Range

Momentum

RSI (14)

Momentum is strong

58.0Bullish
MACD (12,26,9)

Histogram is positive

1.149Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.3 / 86.3Bullish
Williams %R (14)

Overbought zone

-8.7Bearish
CCI (20)

Balanced zone

93.9Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

142.32%Bullish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Trend

Dow Theory Structure

Confirmation $130.34, invalidation $124.51

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

Trend strength is active

22.9 / 35.7 / 28.7Bullish
Supertrend (10,3)

Price is above Supertrend

$122.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.72 / $128.69Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Momentum is strong

58.0Bullish
MACD (12,26,9)

Histogram is positive

1.149Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.3 / 86.3Bullish
Williams %R (14)

Overbought zone

-8.7Bearish
CCI (20)

Balanced zone

93.9Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$2.06 (1.59%)Range
Bollinger Bands (20,2)

Width 10.34%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$130.54 / $122.55Range
ATR channel lower / upper

Current Volatility Envelope

$127.43 / $131.55Range

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

142.32%Bullish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$131.11Range
Support

Nearest Downside Decision Level

$117.5Range

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