(FTNT) Fortinet Inc Renko charts technical analysis
(FTNT) Fortinet Inc Renko charts technical analysis Renko analysis of Fortinet Inc | Buy/Sell Fortinet Inc
Fortinet Inc trades in USA in Technology sector.
10 day averaged volume of Fortinet Inc is 4242784
| Date | Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 60.93 | 61.97 | 62.08 | 60.65 | 3.714 Mn |
| 22 Wed May 2024 | 61.57 | 61.43 | 61.69 | 60.75 | 3.048 Mn |
| 21 Tue May 2024 | 61.31 | 61.74 | 61.80 | 59.85 | 5.128 Mn |
| 20 Mon May 2024 | 62.34 | 61.17 | 62.41 | 60.85 | 2.84 Mn |
| 17 Fri May 2024 | 61.43 | 61.04 | 61.86 | 60.78 | 2.799 Mn |
| 16 Thu May 2024 | 61.24 | 60.61 | 61.35 | 59.58 | 4.44 Mn |
| 15 Wed May 2024 | 60.73 | 60.82 | 61.28 | 60.61 | 3.547 Mn |
| 14 Tue May 2024 | 60.20 | 59.80 | 60.50 | 59.23 | 4.27 Mn |
| 13 Mon May 2024 | 59.63 | 58.56 | 59.92 | 58.40 | 5.492 Mn |
| 10 Fri May 2024 | 58.16 | 58.25 | 59.40 | 58.07 | 3.935 Mn |
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 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 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 SELL. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortinet Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 60.64 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.
Renko charts
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 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 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 SELL. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortinet Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 60.64 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.