(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 2024-02-28 View latest technical analysis
10 day averaged volume of Fortinet Inc is 5453320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 69.51 | 69.95 | 70.05 | 68.78 | 0.503 times |
| 27 Tue Feb 2024 | 69.95 | 69.32 | 70.28 | 68.87 | 0.915 times |
| 26 Mon Feb 2024 | 68.40 | 68.00 | 69.48 | 67.77 | 0.954 times |
| 23 Fri Feb 2024 | 67.64 | 67.50 | 67.89 | 67.19 | 0.692 times |
| 22 Thu Feb 2024 | 66.96 | 66.95 | 67.23 | 65.77 | 1.399 times |
| 21 Wed Feb 2024 | 65.34 | 62.03 | 65.52 | 61.00 | 2.351 times |
| 20 Tue Feb 2024 | 67.91 | 68.16 | 68.36 | 66.76 | 0.6 times |
| 16 Fri Feb 2024 | 68.48 | 70.08 | 70.08 | 67.90 | 0.83 times |
| 15 Thu Feb 2024 | 70.26 | 71.45 | 71.49 | 70.04 | 0.584 times |
| 14 Wed Feb 2024 | 70.88 | 70.08 | 70.94 | 69.93 | 0.679 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 70 as stoploss in an intra day sell trade for a target of 68.21. However, stock will show a bullish move above 70.
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 44.12 |
| Downside Target | 50.65 |
| Downside Target | 55.46 |
| Downside Target | 56.94 |
| Downside Target | 58.19 |
| Downside Target | 59.87 |
| Downside Target | 63.59 |
| Downside Target | 64.86 |
| Downside Target | 66.99 |
| Downside Target | 68.36 |
| Upside Target | 70.28 |
| Upside Target | 71.49 |
| Upside Target | 73.91 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 68.09 |
| Downside Intraday Target | 66.68 |
| Upside Intraday Target | 70.6 |
| Upside Intraday Target | 71.7 |
| Downside Intraday Target | 69.19 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 69.51 | 68.00 | 70.28 | 67.77 | 0.471 times |
| 23 Fri Feb 2024 | 67.64 | 68.16 | 68.36 | 61.00 | 1.271 times |
| 16 Fri Feb 2024 | 68.48 | 70.66 | 71.49 | 67.90 | 0.339 times |
| 09 Fri Feb 2024 | 70.44 | 66.41 | 73.91 | 64.86 | 1.687 times |
| 02 Fri Feb 2024 | 66.44 | 65.81 | 66.99 | 63.59 | 1.001 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 |
| 28 Wed Feb 2024 | 69.51 | 64.71 | 73.91 | 61.00 | 1.02 times |
| 31 Wed Jan 2024 | 64.49 | 58.10 | 67.36 | 56.94 | 1.139 times |
| 29 Fri Dec 2023 | 58.53 | 52.05 | 59.87 | 50.65 | 0.609 times |
| 30 Thu Nov 2023 | 52.56 | 57.43 | 58.19 | 44.12 | 1.62 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 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 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 losing momentum.
MACD generated a SELL signal for Fortinet Inc in short term but the sell 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 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 but SELL signal is weak.
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 67.85 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 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 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 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 losing momentum.
MACD generated a SELL signal for Fortinet Inc in short term but the sell 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 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 but SELL signal is weak.
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 67.85 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 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.