(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 2024-08-26 View latest technical analysis
10 day averaged volume of Fortinet Inc is 4941150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 75.18 | 74.98 | 75.40 | 74.80 | 0.557 times |
| 23 Fri Aug 2024 | 74.73 | 74.88 | 75.10 | 73.75 | 0.644 times |
| 22 Thu Aug 2024 | 74.49 | 75.60 | 75.81 | 74.39 | 1.013 times |
| 21 Wed Aug 2024 | 75.42 | 75.30 | 75.80 | 74.64 | 0.62 times |
| 20 Tue Aug 2024 | 75.57 | 75.00 | 76.31 | 74.77 | 1.16 times |
| 19 Mon Aug 2024 | 74.77 | 74.69 | 75.19 | 74.36 | 1.062 times |
| 16 Fri Aug 2024 | 74.72 | 73.25 | 74.90 | 72.90 | 0.971 times |
| 15 Thu Aug 2024 | 73.40 | 73.28 | 73.83 | 72.53 | 0.929 times |
| 14 Wed Aug 2024 | 72.79 | 71.62 | 73.67 | 71.44 | 1.233 times |
| 13 Tue Aug 2024 | 71.50 | 70.32 | 71.59 | 69.65 | 1.118 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 75.8 as stoploss in an intra day sell trade for a target of 68.08. However, stock will show a bullish move above 75.8.
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 54.57 |
| Downside Target | 59.07 |
| Downside Target | 61.48 |
| Downside Target | 65.26 |
| Downside Target | 69.40 |
| Downside Target | 71.82 |
| Downside Target | 73.63 |
| Downside Target | 73.75 |
| Downside Target | 74.80 |
| Downside Target | 74.90 |
| Upside Target | 75.40 |
| Upside Target | 76.31 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 74.85 |
| Downside Intraday Target | 74.53 |
| Upside Intraday Target | 75.45 |
| Upside Intraday Target | 75.73 |
| Downside Intraday Target | 75.13 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 75.18 | 74.98 | 75.40 | 74.80 | 0.124 times |
| 23 Fri Aug 2024 | 74.73 | 74.69 | 76.31 | 73.75 | 0.818 times |
| 16 Fri Aug 2024 | 74.72 | 69.80 | 74.90 | 69.40 | 0.472 times |
| 09 Fri Aug 2024 | 69.69 | 54.91 | 71.82 | 54.57 | 2.483 times |
| 02 Fri Aug 2024 | 56.51 | 57.00 | 59.07 | 55.51 | 0.942 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 |
| 26 Mon Aug 2024 | 75.18 | 58.03 | 76.31 | 54.57 | 1.134 times |
| 31 Wed Jul 2024 | 58.04 | 60.43 | 61.48 | 56.42 | 0.967 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Fortinet Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 74.11 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Fortinet Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 74.11 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.