US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

4 hoursBullish78%
4h Upside probability 78%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 $133.07 and reclaim $149.98.

Invalidation Trigger

Lose $133.07 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 55.5, MACD -0.402

4h
Volatility EnvironmentRange
Medium volatility

ATR is $3.28 (2.25%)

4h

EMA Structure

Bullish
EMA 8$146.04Bearish
EMA 21$144.74Bullish
EMA 50$137.44Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.5 · MACD -0.402

Momentum is strong

Strength
Range
Volatility
ATR $3.28 · BB 6.63%

Medium volatility

Strength
Range
Volume
MFI 51.5 · OBV 30.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$133.07 - $149.98

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.08% · 2.3 ATR above latest close

$153.26
Nearest resistance

+2.83% · 1.3 ATR above · 34-bar high

$149.98
Current price

Price shown is delayed

$145.86
Nearest support

-8.77% · 3.9 ATR below · 34-bar low

$133.07
Deeper support zone

-11.02% · 4.9 ATR below latest close

$129.79
ATR zone

Latest close ± ATR14

$142.57 - $149.14

Indicators

Trend

Dow Theory Structure

Confirmation $148.34, invalidation $143.64

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

Trend strength is moderate

14.7 / 16.8 / 28.5Bearish
Supertrend (10,3)

Price is above Supertrend

$135.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$142.77 / $135.61Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Volatility

ATR (14)

Medium volatility

$3.28 (2.25%)Range
Bollinger Bands (20,2)

Width 6.63%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$151.43 / $138.35Range
ATR channel lower / upper

Current Volatility Envelope

$142.57 / $149.14Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.98Range
Support

Nearest Downside Decision Level

$133.07Range

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is negative

-0.402Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.9 / 71.7Bearish
Williams %R (14)

Neutral zone

-38.1Range
CCI (20)

Balanced zone

30.9Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

30.57%Bullish
Volume ratio

Relative to 20-period average volume

0.66xBearish

Trend

Dow Theory Structure

Confirmation $148.34, invalidation $143.64

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

Trend strength is moderate

14.7 / 16.8 / 28.5Bearish
Supertrend (10,3)

Price is above Supertrend

$135.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$142.77 / $135.61Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is negative

-0.402Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.9 / 71.7Bearish
Williams %R (14)

Neutral zone

-38.1Range
CCI (20)

Balanced zone

30.9Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Medium volatility

$3.28 (2.25%)Range
Bollinger Bands (20,2)

Width 6.63%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$151.43 / $138.35Range
ATR channel lower / upper

Current Volatility Envelope

$142.57 / $149.14Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

30.57%Bullish
Volume ratio

Relative to 20-period average volume

0.66xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.98Range
Support

Nearest Downside Decision Level

$133.07Range

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