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 $169.5 and reclaim $182.91.

Invalidation Trigger

Lose $169.5 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 59.7, MACD 0.153

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.22 (1.23%)

4h

EMA Structure

Bullish
EMA 8$179.78Bullish
EMA 21$178.27Bullish
EMA 50$175.1Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.7 · MACD 0.153

Momentum is strong

Strength
Bullish
Volatility
ATR $2.22 · BB 5.14%

Low volatility

Strength
Bullish
Volume
MFI 50.4 · OBV 2.92%

Relative to 20-period average volume

Strength
Range
Price Levels
$169.5 - $182.91

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.57% · 2.1 ATR above latest close

$185.13
Nearest resistance

+1.34% · 1.1 ATR above · 34-bar high

$182.91
Current price

Price shown is delayed

$180.5
Nearest support

-6.09% · 5.0 ATR below · 34-bar low

$169.5
Deeper support zone

-7.32% · 6.0 ATR below latest close

$167.28
ATR zone

Latest close ± ATR14

$178.28 - $182.72

Indicators

Trend

Dow Theory Structure

Confirmation $182.91, invalidation $175.02

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

Trend strength is active

24.5 / 36.0 / 13.3Bullish
Supertrend (10,3)

Price is above Supertrend

$174.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$177.59 / $174.8Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

Low volatility

$2.22 (1.23%)Bullish
Bollinger Bands (20,2)

Width 5.14%

80%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$182.81 / $173.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$178.28 / $182.72Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$182.91Range
Support

Nearest Downside Decision Level

$169.5Range

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is positive

0.153Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.1 / 76.1Bearish
Williams %R (14)

Neutral zone

-26.9Range
CCI (20)

Balanced zone

98.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

2.92%Bullish
Volume ratio

Relative to 20-period average volume

3.08xBullish

Trend

Dow Theory Structure

Confirmation $182.91, invalidation $175.02

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

Trend strength is active

24.5 / 36.0 / 13.3Bullish
Supertrend (10,3)

Price is above Supertrend

$174.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$177.59 / $174.8Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is positive

0.153Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.1 / 76.1Bearish
Williams %R (14)

Neutral zone

-26.9Range
CCI (20)

Balanced zone

98.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$2.22 (1.23%)Bullish
Bollinger Bands (20,2)

Width 5.14%

80%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$182.81 / $173.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$178.28 / $182.72Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

2.92%Bullish
Volume ratio

Relative to 20-period average volume

3.08xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$182.91Range
Support

Nearest Downside Decision Level

$169.5Range

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