(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 2024-09-19 View latest technical analysis
10 day averaged volume of Fortinet Inc is 4508538
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 75.66 | 76.08 | 76.20 | 74.85 | 0.876 times |
| 18 Wed Sep 2024 | 74.68 | 75.81 | 75.84 | 74.54 | 0.638 times |
| 17 Tue Sep 2024 | 75.61 | 76.10 | 76.47 | 75.38 | 0.594 times |
| 16 Mon Sep 2024 | 76.34 | 74.87 | 76.65 | 74.80 | 0.976 times |
| 13 Fri Sep 2024 | 75.01 | 74.67 | 75.60 | 74.13 | 1.029 times |
| 12 Thu Sep 2024 | 74.49 | 76.85 | 76.89 | 73.29 | 1.911 times |
| 11 Wed Sep 2024 | 76.64 | 75.78 | 76.84 | 74.71 | 0.91 times |
| 10 Tue Sep 2024 | 76.07 | 75.43 | 76.13 | 75.02 | 0.855 times |
| 09 Mon Sep 2024 | 75.10 | 75.27 | 75.92 | 74.92 | 0.907 times |
| 06 Fri Sep 2024 | 75.16 | 76.02 | 76.42 | 74.60 | 1.19 times |
My analysis of stock is bearish for shortterm, and stock might move down till 75 or till 74.1. Use a stoploss of 75.79 and if the stock hits stoploss, then it can shoot up till 76.56
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 | 74.58 |
| Downside Intraday Target | 73.51 |
| Upside Intraday Target | 76.69 |
| Upside Intraday Target | 77.73 |
| Downside Intraday Target | 75.62 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 75.66 | 74.87 | 76.65 | 74.54 | 0.55 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 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 |
| 19 Thu Sep 2024 | 75.66 | 76.62 | 78.08 | 73.29 | 0.435 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short to mid 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 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 gaining 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 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 and the buying is gaining 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 75.38 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 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short to mid 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 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 gaining 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 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 and the buying is gaining 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 75.38 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 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.