US stock / ETF

Fortinet, Inc.

FTNT · NASDAQ · USD

4 hoursBullish80%
4h Upside probability 80%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 $164.7 and reclaim $196.28.

Invalidation Trigger

Lose $164.7 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 53.8, MACD 1.228

4h
Volatility EnvironmentRange
Low volatility

ATR is $3.29 (1.86%)

4h

EMA Structure

Range
EMA 8$175.06Bullish
EMA 21$175Bullish
EMA 50$177.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 53.8 · MACD 1.228

Neutral zone

Strength
Bullish
Volatility
ATR $3.29 · BB 6.35%

Low volatility

Strength
Range
Volume
MFI 60.4 · OBV -2.17%

Relative to 20-period average volume

Strength
Range
Price Levels
$164.7 - $196.28

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+12.42% · 6.7 ATR above latest close

$199.57
Nearest resistance

+10.57% · 5.7 ATR above · 34-bar high

$196.28
Current price

Price shown is delayed

$177.52
Nearest support

-7.22% · 3.9 ATR below · 34-bar low

$164.7
Deeper support zone

-9.08% · 4.9 ATR below latest close

$161.41
ATR zone

Latest close ± ATR14

$174.23 - $180.81

Indicators

Trend

Dow Theory Structure

Confirmation $176.05, invalidation $171.5

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

Trend strength is active

28.7 / 26.5 / 16.8Bullish
Supertrend (10,3)

Price is above Supertrend

$167.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$174.87 / $181.08Bearish
Donchian Channel (20)

20-period breakout channel position

88%Range

Volatility

ATR (14)

Low volatility

$3.29 (1.86%)Range
Bollinger Bands (20,2)

Width 6.35%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$181.79 / $167.99Range
ATR channel lower / upper

Current Volatility Envelope

$174.23 / $180.81Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$196.28Range
Support

Nearest Downside Decision Level

$164.7Range

Momentum

RSI (14)

Neutral zone

53.8Range
MACD (12,26,9)

Histogram is positive

1.228Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.0 / 85.3Bullish
Williams %R (14)

Overbought zone

-12.0Bearish
CCI (20)

Strong expansion

202.4Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-2.17%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $176.05, invalidation $171.5

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

Trend strength is active

28.7 / 26.5 / 16.8Bullish
Supertrend (10,3)

Price is above Supertrend

$167.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$174.87 / $181.08Bearish
Donchian Channel (20)

20-period breakout channel position

88%Range

Momentum

RSI (14)

Neutral zone

53.8Range
MACD (12,26,9)

Histogram is positive

1.228Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.0 / 85.3Bullish
Williams %R (14)

Overbought zone

-12.0Bearish
CCI (20)

Strong expansion

202.4Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$3.29 (1.86%)Range
Bollinger Bands (20,2)

Width 6.35%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$181.79 / $167.99Range
ATR channel lower / upper

Current Volatility Envelope

$174.23 / $180.81Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-2.17%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$196.28Range
Support

Nearest Downside Decision Level

$164.7Range

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