(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 2024-09-18 View latest technical analysis
10 day averaged volume of Fortinet Inc is 4638206
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 74.68 | 75.81 | 75.84 | 74.54 | 0.62 times |
| 17 Tue Sep 2024 | 75.61 | 76.10 | 76.47 | 75.38 | 0.577 times |
| 16 Mon Sep 2024 | 76.34 | 74.87 | 76.65 | 74.80 | 0.949 times |
| 13 Fri Sep 2024 | 75.01 | 74.67 | 75.60 | 74.13 | 1 times |
| 12 Thu Sep 2024 | 74.49 | 76.85 | 76.89 | 73.29 | 1.858 times |
| 11 Wed Sep 2024 | 76.64 | 75.78 | 76.84 | 74.71 | 0.884 times |
| 10 Tue Sep 2024 | 76.07 | 75.43 | 76.13 | 75.02 | 0.831 times |
| 09 Mon Sep 2024 | 75.10 | 75.27 | 75.92 | 74.92 | 0.881 times |
| 06 Fri Sep 2024 | 75.16 | 76.02 | 76.42 | 74.60 | 1.157 times |
| 05 Thu Sep 2024 | 75.80 | 76.44 | 76.67 | 75.25 | 0.963 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 74.9, but if it comes above 74.9, then a intra day buy could be more profitable.
If you take a sell trade below 74.9, then use 74.9 as stoploss and 73.9 as target. However if you take a buy trade in stock , then use 74.9 as stoploss and 75.73 as target.
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 | 73.29 |
| Upside Target | 76.65 |
| Upside Target | 76.89 |
| 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 | 73.93 |
| Downside Intraday Target | 73.18 |
| Upside Intraday Target | 76.04 |
| Upside Intraday Target | 77.4 |
| Upside Intraday Target | 75.29 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 74.68 | 74.87 | 76.65 | 74.54 | 0.394 times |
| 13 Fri Sep 2024 | 75.01 | 75.27 | 76.89 | 73.29 | 1.277 times |
| 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 |
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 |
| 18 Wed Sep 2024 | 74.68 | 76.62 | 78.08 | 73.29 | 0.406 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 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 75.4 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 has given negative 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 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 75.4 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 has given negative 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.