(FTNT) Fortinet Inc complete technical analysis [charts+indicators] | Buy/Sell Fortinet Inc | (FTNT) share price targets
Complete technical analysis of Fortinet Inc (FTNT) by charts plus indicators, forecast predictions and share price targets for Fortinet Inc (FTNT)
Fortinet Inc trades in USA in Technology sector.
Showing technical analysis as on 2024-02-05 View latest technical analysis
10 day averaged volume of Fortinet Inc is 7572940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 66.09 | 66.41 | 66.44 | 64.86 | 1.207 times |
| 02 Fri Feb 2024 | 66.44 | 66.34 | 66.99 | 65.90 | 1.099 times |
| 01 Thu Feb 2024 | 66.45 | 64.71 | 66.69 | 64.59 | 1.271 times |
| 31 Wed Jan 2024 | 64.49 | 64.87 | 65.28 | 63.59 | 1.277 times |
| 30 Tue Jan 2024 | 66.71 | 66.19 | 66.92 | 65.80 | 0.77 times |
| 29 Mon Jan 2024 | 66.45 | 65.81 | 66.64 | 65.66 | 0.587 times |
| 26 Fri Jan 2024 | 66.12 | 65.46 | 66.77 | 65.35 | 0.884 times |
| 25 Thu Jan 2024 | 65.55 | 67.27 | 67.36 | 65.02 | 0.898 times |
| 24 Wed Jan 2024 | 66.11 | 65.06 | 66.72 | 64.77 | 1.021 times |
| 23 Tue Jan 2024 | 64.41 | 64.26 | 64.78 | 63.77 | 1.086 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 66.1 as stoploss in an intra day sell trade for a target of 63.72. However, stock will show a bullish move above 66.1.
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 44.12 |
| Downside Target | 50.65 |
| Downside Target | 55.46 |
| Downside Target | 56.94 |
| Downside Target | 58.19 |
| Downside Target | 59.73 |
| Downside Target | 64.59 |
| Downside Target | 64.86 |
| Upside Target | 66.44 |
| Upside Target | 66.99 |
| Upside Target | 67.36 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 65.15 |
| Downside Intraday Target | 64.22 |
| Upside Intraday Target | 66.73 |
| Upside Intraday Target | 67.38 |
| Downside Intraday Target | 65.8 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 66.09 | 66.41 | 66.44 | 64.86 | 0.241 times |
| 02 Fri Feb 2024 | 66.44 | 65.81 | 66.99 | 63.59 | 1.001 times |
| 26 Fri Jan 2024 | 66.12 | 61.88 | 67.36 | 61.40 | 1.479 times |
| 19 Fri Jan 2024 | 60.90 | 61.09 | 62.39 | 59.73 | 5.337 times |
| 12 Fri Jan 2024 | 62.44 | 62.63 | 63.04 | 61.76 | 0.153 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Fortinet Inc (FTNT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 66.09 | 64.71 | 66.99 | 64.59 | 0.192 times |
| 31 Wed Jan 2024 | 64.49 | 58.10 | 67.36 | 56.94 | 1.139 times |
| 29 Fri Dec 2023 | 58.53 | 52.05 | 59.87 | 50.65 | 0.609 times |
| 30 Thu Nov 2023 | 52.56 | 57.43 | 58.19 | 44.12 | 1.62 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Fortinet Inc (FTNT)
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Fortinet Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Fortinet Inc in short term and the buy signal is strong.
Fortinet Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortinet Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fortinet Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.82 and Fortinet Inc (FTNT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Fortinet Inc (FTNT) stock. Volume based technical analysis of Fortinet Inc (FTNT) stock is negative.
Fortinet Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Fortinet Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Fortinet Inc in short term and the buy signal is strong.
Fortinet Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortinet Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fortinet Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.82 and Fortinet Inc (FTNT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Fortinet Inc (FTNT) stock. Volume based technical analysis of Fortinet Inc (FTNT) stock is negative.
Fortinet Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.