(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 2024-02-13 View latest technical analysis
10 day averaged volume of Fortinet Inc is 10212880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 69.40 | 68.52 | 69.56 | 68.25 | 0.531 times |
| 12 Mon Feb 2024 | 70.26 | 70.66 | 71.09 | 70.13 | 0.469 times |
| 09 Fri Feb 2024 | 70.44 | 68.25 | 70.86 | 68.20 | 0.737 times |
| 08 Thu Feb 2024 | 67.85 | 69.79 | 70.64 | 67.76 | 0.82 times |
| 07 Wed Feb 2024 | 70.03 | 73.83 | 73.91 | 67.22 | 2.502 times |
| 06 Tue Feb 2024 | 67.48 | 66.50 | 67.56 | 65.89 | 1.304 times |
| 05 Mon Feb 2024 | 66.09 | 66.41 | 66.44 | 64.86 | 0.895 times |
| 02 Fri Feb 2024 | 66.44 | 66.34 | 66.99 | 65.90 | 0.815 times |
| 01 Thu Feb 2024 | 66.45 | 64.71 | 66.69 | 64.59 | 0.942 times |
| 31 Wed Jan 2024 | 64.49 | 64.87 | 65.28 | 63.59 | 0.947 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 68.9, but if it comes below 68.9, then a intra day sell could be more profitable.
If you take a sell trade below 68.9, then use 68.9 as stoploss and 65.99 as target. However if you take a buy trade in stock , then use 68.9 as stoploss and 72.3 as target.
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 | 66.99 |
| Downside Target | 67.36 |
| Downside Target | 68.25 |
| Upside Target | 71.09 |
| Upside Target | 73.91 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 68.07 |
| Downside Intraday Target | 66.74 |
| Upside Intraday Target | 70.91 |
| Upside Intraday Target | 72.42 |
| Upside Intraday Target | 69.58 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 69.40 | 70.66 | 71.09 | 68.25 | 0.16 times |
| 09 Fri Feb 2024 | 70.44 | 66.41 | 73.91 | 64.86 | 1.687 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 |
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 |
| 13 Tue Feb 2024 | 69.40 | 64.71 | 73.91 | 64.59 | 0.652 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 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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing 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 68.01 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 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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing 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 68.01 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.