(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 2024-09-13 View latest technical analysis
10 day averaged volume of Fortinet Inc is 4764292
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 75.01 | 74.67 | 75.60 | 74.13 | 0.973 times |
| 12 Thu Sep 2024 | 74.49 | 76.85 | 76.89 | 73.29 | 1.809 times |
| 11 Wed Sep 2024 | 76.64 | 75.78 | 76.84 | 74.71 | 0.861 times |
| 10 Tue Sep 2024 | 76.07 | 75.43 | 76.13 | 75.02 | 0.809 times |
| 09 Mon Sep 2024 | 75.10 | 75.27 | 75.92 | 74.92 | 0.858 times |
| 06 Fri Sep 2024 | 75.16 | 76.02 | 76.42 | 74.60 | 1.126 times |
| 05 Thu Sep 2024 | 75.80 | 76.44 | 76.67 | 75.25 | 0.937 times |
| 04 Wed Sep 2024 | 76.87 | 76.55 | 77.18 | 75.71 | 0.876 times |
| 03 Tue Sep 2024 | 77.13 | 76.62 | 78.08 | 76.08 | 1.219 times |
| 30 Fri Aug 2024 | 76.71 | 76.31 | 76.91 | 76.08 | 0.752 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 74.9 as stoploss in an intra day buy trade for a target of 75.69. However, stock will show a bearish move below 74.9.
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 54.57 |
| Downside Target | 56.42 |
| Downside Target | 61.48 |
| Downside Target | 65.26 |
| Downside Target | 73.29 |
| Upside Target | 76.31 |
| Upside Target | 76.89 |
| Upside Target | 76.91 |
| Upside Target | 77.18 |
| Upside Target | 78.08 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 73.24 |
| Downside Intraday Target | 71.46 |
| Upside Intraday Target | 76.84 |
| Upside Intraday Target | 78.66 |
| Upside Intraday Target | 75.06 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 30 Fri Aug 2024 | 76.71 | 76.31 | 76.91 | 76.08 | 0.247 times |
| 30 Fri Aug 2024 | 76.71 | 74.98 | 77.18 | 74.61 | 0.652 times |
| 23 Fri Aug 2024 | 74.73 | 74.69 | 76.31 | 73.75 | 0.818 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 |
| 13 Fri Sep 2024 | 75.01 | 76.62 | 78.08 | 73.29 | 0.333 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 |
| 28 Fri Jun 2024 | 60.27 | 59.61 | 61.48 | 57.00 | 0.732 times |
Scroll below to view daily charts
Price has moved down 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Fortinet Inc in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 75.77 and Fortinet Inc (FTNT) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Fortinet Inc in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 75.77 and Fortinet Inc (FTNT) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.