(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 2024-09-06 View latest technical analysis
10 day averaged volume of Fortinet Inc is 3570658
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 75.16 | 76.02 | 76.42 | 74.60 | 1.502 times |
| 05 Thu Sep 2024 | 75.80 | 76.44 | 76.67 | 75.25 | 1.25 times |
| 04 Wed Sep 2024 | 76.87 | 76.55 | 77.18 | 75.71 | 1.169 times |
| 03 Tue Sep 2024 | 77.13 | 76.62 | 78.08 | 76.08 | 1.627 times |
| 30 Fri Aug 2024 | 76.71 | 76.31 | 76.91 | 76.08 | 1.004 times |
| 30 Fri Aug 2024 | 76.71 | 76.31 | 76.91 | 76.08 | 1.004 times |
| 29 Thu Aug 2024 | 76.27 | 76.00 | 77.18 | 75.54 | 0.855 times |
| 28 Wed Aug 2024 | 75.61 | 76.00 | 76.28 | 75.19 | 0.738 times |
| 27 Tue Aug 2024 | 75.97 | 74.85 | 75.99 | 74.61 | 0.692 times |
| 26 Mon Aug 2024 | 75.18 | 74.98 | 75.40 | 74.80 | 0.771 times |
My analysis of stock is bullish for shortterm, and stock might move up till 76.7 or till 78.8. Use a stoploss of 74.96 and if this stock hits its stoploss, then it can fall down till 73.23
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 54.57 |
| Downside Target | 56.42 |
| Downside Target | 61.48 |
| Downside Target | 65.26 |
| Downside Target | 69.40 |
| Downside Target | 73.75 |
| Upside Target | 76.08 |
| Upside Target | 76.31 |
| Upside Target | 76.91 |
| Upside Target | 77.18 |
| Upside Target | 78.08 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 73.81 |
| Downside Intraday Target | 72.47 |
| Upside Intraday Target | 77.29 |
| Upside Intraday Target | 79.43 |
| Upside Intraday Target | 75.95 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 75.16 | 76.62 | 78.08 | 74.60 | 5.526 times |
| 30 Fri Aug 2024 | 76.71 | 76.31 | 76.91 | 76.08 | 0.247 times |
| 30 Fri Aug 2024 | 76.71 | 74.98 | 77.18 | 74.61 | 0.652 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fortinet Inc (FTNT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 75.16 | 76.62 | 78.08 | 74.60 | 0.146 times |
| 30 Fri Aug 2024 | 76.71 | 58.03 | 77.18 | 54.57 | 1.279 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 |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL signal for Fortinet Inc in short term but the sell signal is initial and weak.
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. Bears 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 76.19 and Fortinet Inc (FTNT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL signal for Fortinet Inc in short term but the sell signal is initial and weak.
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. Bears 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 76.19 and Fortinet Inc (FTNT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.