(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 2024-04-04 View latest technical analysis
10 day averaged volume of Fortinet Inc is 4042840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 69.23 | 72.03 | 73.63 | 69.21 | 1.721 times |
| 03 Wed Apr 2024 | 71.32 | 68.61 | 72.02 | 68.58 | 1.946 times |
| 02 Tue Apr 2024 | 68.85 | 66.97 | 68.93 | 66.60 | 1.165 times |
| 01 Mon Apr 2024 | 67.82 | 68.73 | 68.73 | 66.73 | 0.743 times |
| 28 Thu Mar 2024 | 68.31 | 67.21 | 68.60 | 67.00 | 0.97 times |
| 27 Wed Mar 2024 | 67.27 | 68.29 | 68.32 | 66.19 | 0.874 times |
| 26 Tue Mar 2024 | 67.45 | 67.96 | 68.17 | 67.04 | 0.819 times |
| 25 Mon Mar 2024 | 67.89 | 67.85 | 68.41 | 67.61 | 0.815 times |
| 22 Fri Mar 2024 | 68.30 | 68.92 | 68.93 | 67.53 | 0.701 times |
| 21 Thu Mar 2024 | 68.57 | 68.58 | 68.72 | 67.75 | 0.919 times |
My analysis of stock is bullish for shortterm, and stock might move up till 70.8 or till 72.8. Use a stoploss of 69.02 and if this stock hits its stoploss, then it can fall down till 67.28
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 50.65 |
| Downside Target | 56.94 |
| Downside Target | 59.87 |
| Downside Target | 66.19 |
| Downside Target | 68.60 |
| Downside Target | 68.93 |
| Upside Target | 71.95 |
| Upside Target | 73.50 |
| Upside Target | 73.63 |
| Upside Target | 73.91 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 66.01 |
| Downside Intraday Target | 62.79 |
| Upside Intraday Target | 73.04 |
| Upside Intraday Target | 76.85 |
| Upside Intraday Target | 69.82 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 69.23 | 68.73 | 73.63 | 66.60 | 1.603 times |
| 28 Thu Mar 2024 | 68.31 | 67.85 | 68.60 | 66.19 | 0.793 times |
| 22 Fri Mar 2024 | 68.30 | 66.99 | 68.93 | 66.45 | 0.641 times |
| 15 Fri Mar 2024 | 66.72 | 70.93 | 71.95 | 66.51 | 0.92 times |
| 08 Fri Mar 2024 | 71.35 | 70.68 | 73.50 | 67.31 | 1.278 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fortinet Inc (FTNT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 69.23 | 68.73 | 73.63 | 66.60 | 0.239 times |
| 28 Thu Mar 2024 | 68.31 | 69.09 | 73.50 | 66.19 | 0.631 times |
| 29 Thu Feb 2024 | 69.11 | 64.71 | 73.91 | 61.00 | 1.061 times |
| 31 Wed Jan 2024 | 64.49 | 58.10 | 67.36 | 56.94 | 1.139 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Fortinet Inc in short term and the buy signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 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 68.87 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Fortinet Inc in short term and the buy signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 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 68.87 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.