(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 2024-07-03 View latest technical analysis
10 day averaged volume of Fortinet Inc is 6850010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 60.73 | 61.14 | 61.48 | 60.66 | 0.444 times |
| 03 Wed Jul 2024 | 60.73 | 61.14 | 61.48 | 60.66 | 0.444 times |
| 02 Tue Jul 2024 | 61.01 | 59.66 | 61.04 | 59.66 | 0.672 times |
| 01 Mon Jul 2024 | 59.85 | 60.43 | 60.43 | 59.58 | 0.713 times |
| 28 Fri Jun 2024 | 60.27 | 60.03 | 60.84 | 59.79 | 1.166 times |
| 27 Thu Jun 2024 | 60.04 | 58.31 | 60.18 | 57.93 | 0.733 times |
| 26 Wed Jun 2024 | 58.11 | 58.17 | 58.43 | 57.00 | 0.931 times |
| 25 Tue Jun 2024 | 58.69 | 58.44 | 59.08 | 57.90 | 0.766 times |
| 24 Mon Jun 2024 | 58.28 | 58.40 | 59.18 | 58.26 | 0.606 times |
| 21 Fri Jun 2024 | 58.56 | 58.28 | 58.65 | 57.77 | 2.451 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.7, but if it comes below 60.7, then a intra day sell could be more profitable.
If you take a sell trade below 60.7, then use 60.7 as stoploss and 59.73 as target. However if you take a buy trade in stock , then use 60.7 as stoploss and 61.9 as target.
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 57.00 |
| Downside Target | 59.00 |
| Upside Target | 61.48 |
| Upside Target | 62.61 |
| Upside Target | 65.26 |
| Upside Target | 66.19 |
| Upside Target | 73.50 |
| Upside Target | 73.63 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 60.43 |
| Downside Intraday Target | 60.14 |
| Upside Intraday Target | 61.25 |
| Upside Intraday Target | 61.78 |
| Upside Intraday Target | 60.96 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 60.73 | 61.14 | 61.48 | 60.66 | 0.243 times |
| 03 Wed Jul 2024 | 60.73 | 60.43 | 61.48 | 59.58 | 0.435 times |
| 28 Fri Jun 2024 | 60.27 | 58.40 | 60.84 | 57.00 | 0.88 times |
| 21 Fri Jun 2024 | 58.56 | 60.88 | 61.25 | 57.17 | 3.12 times |
| 18 Tue Jun 2024 | 59.15 | 60.64 | 61.48 | 59.00 | 0.497 times |
Price has moved down 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 |
| 03 Wed Jul 2024 | 60.73 | 60.43 | 61.48 | 59.58 | 0.142 times |
| 28 Fri Jun 2024 | 60.27 | 59.61 | 61.48 | 57.00 | 0.732 times |
| 31 Fri May 2024 | 59.32 | 63.51 | 65.26 | 57.71 | 1.549 times |
| 30 Tue Apr 2024 | 63.18 | 68.73 | 73.63 | 62.61 | 1.024 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 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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortinet Inc in short term
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 59.35 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.
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 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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortinet Inc in short term
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 59.35 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.