(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.
10 day averaged volume of Fortinet Inc is 4531890
Date | Daily Closing Price | Open | High | Low | Volume |
04 Fri Oct 2024 | 78.01 | 77.69 | 78.20 | 76.82 | 0.694 times |
03 Thu Oct 2024 | 76.98 | 77.30 | 77.61 | 76.78 | 0.82 times |
02 Wed Oct 2024 | 77.59 | 76.49 | 77.83 | 76.00 | 0.662 times |
01 Tue Oct 2024 | 76.49 | 78.21 | 78.50 | 76.18 | 0.875 times |
30 Mon Sep 2024 | 77.55 | 77.65 | 78.08 | 76.71 | 0.762 times |
27 Fri Sep 2024 | 77.45 | 77.20 | 77.78 | 76.43 | 0.659 times |
26 Thu Sep 2024 | 77.21 | 77.14 | 77.74 | 76.07 | 1.141 times |
25 Wed Sep 2024 | 76.61 | 77.42 | 77.84 | 75.94 | 0.946 times |
24 Tue Sep 2024 | 77.46 | 77.37 | 78.18 | 77.13 | 0.649 times |
23 Mon Sep 2024 | 77.44 | 77.20 | 77.82 | 76.97 | 0.718 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 77.5, but if it comes below 77.5, then a intra day sell could be more profitable.
If you take a sell trade below 77.5, then use 77.5 as stoploss and 76.46 as target. However if you take a buy trade in stock , then use 77.5 as stoploss and 78.7 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 | 73.29 |
Downside Target | 76.86 |
Downside Target | 76.89 |
Downside Target | 77.18 |
Upside Target | 78.08 |
Upside Target | 78.18 |
Upside Target | 78.50 |
Intraday share price targets for Fortinet Inc (FTNT)
Target Type | Value |
Downside Intraday Target | 76.51 |
Downside Intraday Target | 75 |
Upside Intraday Target | 79.01 |
Upside Intraday Target | 80 |
Downside Intraday Target | 77.5 |
Weekly technical analysis of Fortinet Inc (FTNT)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Fri Oct 2024 | 78.01 | 77.65 | 78.50 | 76.00 | 0.927 times |
27 Fri Sep 2024 | 77.45 | 77.20 | 78.18 | 75.94 | 0.705 times |
20 Fri Sep 2024 | 76.78 | 74.87 | 76.86 | 74.54 | 1.045 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 |
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 |
04 Fri Oct 2024 | 78.01 | 78.21 | 78.50 | 76.00 | 0.148 times |
30 Mon Sep 2024 | 77.55 | 76.62 | 78.18 | 73.29 | 0.691 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 |
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 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 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 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 SELL signal in short term but selling 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 77.23 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 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 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 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 SELL signal in short term but selling 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 77.23 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.