(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 2024-07-02 View latest technical analysis
10 day averaged volume of Fortinet Inc is 7185890
Date | Daily Closing Price | Open | High | Low | Volume |
02 Tue Jul 2024 | 61.01 | 59.66 | 61.04 | 59.66 | 0.641 times |
01 Mon Jul 2024 | 59.85 | 60.43 | 60.43 | 59.58 | 0.68 times |
28 Fri Jun 2024 | 60.27 | 60.03 | 60.84 | 59.79 | 1.112 times |
27 Thu Jun 2024 | 60.04 | 58.31 | 60.18 | 57.93 | 0.699 times |
26 Wed Jun 2024 | 58.11 | 58.17 | 58.43 | 57.00 | 0.887 times |
25 Tue Jun 2024 | 58.69 | 58.44 | 59.08 | 57.90 | 0.73 times |
24 Mon Jun 2024 | 58.28 | 58.40 | 59.18 | 58.26 | 0.577 times |
21 Fri Jun 2024 | 58.56 | 58.28 | 58.65 | 57.77 | 2.336 times |
20 Thu Jun 2024 | 57.94 | 58.60 | 58.76 | 57.17 | 1.448 times |
18 Tue Jun 2024 | 59.15 | 60.88 | 61.25 | 59.00 | 0.766 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.5, but if it comes below 60.5, then a intra day sell could be more profitable.
If you take a sell trade below 60.5, then use 60.5 as stoploss and 59.63 as target. However if you take a buy trade in stock , then use 60.5 as stoploss and 61.6 as target.
Share price targets for Fortinet Inc (FTNT)
Target Type | Value |
Downside Target | 57.00 |
Downside Target | 60.84 |
Upside Target | 61.04 |
Upside Target | 61.25 |
Upside Target | 61.48 |
Upside Target | 62.61 |
Upside Target | 65.26 |
Upside Target | 66.19 |
Upside Target | 73.50 |
Upside Target | 73.63 |
Intraday share price targets for Fortinet Inc (FTNT)
Target Type | Value |
Downside Intraday Target | 60.05 |
Downside Intraday Target | 59.08 |
Upside Intraday Target | 61.51 |
Upside Intraday Target | 62 |
Downside Intraday Target | 60.54 |
Weekly technical analysis of Fortinet Inc (FTNT)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Tue Jul 2024 | 61.01 | 60.43 | 61.04 | 59.58 | 0.33 times |
28 Fri Jun 2024 | 60.27 | 58.40 | 60.84 | 57.00 | 0.88 times |
21 Fri Jun 2024 | 58.56 | 60.88 | 61.25 | 57.17 | 3.12 times |
18 Tue Jun 2024 | 59.15 | 60.64 | 61.48 | 59.00 | 0.497 times |
14 Fri Jun 2024 | 60.78 | 59.11 | 60.89 | 58.16 | 1.275 times |
Price has moved up 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 |
02 Tue Jul 2024 | 61.01 | 60.43 | 61.04 | 59.58 | 0.087 times |
28 Fri Jun 2024 | 60.27 | 59.61 | 61.48 | 57.00 | 0.732 times |
31 Fri May 2024 | 59.32 | 63.51 | 65.26 | 57.71 | 1.549 times |
30 Tue Apr 2024 | 63.18 | 68.73 | 73.63 | 62.61 | 1.024 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Fortinet Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Fortinet Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fortinet Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 59.01 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 negative.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Fortinet Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Fortinet Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fortinet Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 59.01 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.