(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 2024-10-03 View latest technical analysis
10 day averaged volume of Fortinet Inc is 4554930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 76.98 | 77.30 | 77.61 | 76.78 | 0.816 times |
| 02 Wed Oct 2024 | 77.59 | 76.49 | 77.83 | 76.00 | 0.659 times |
| 01 Tue Oct 2024 | 76.49 | 78.21 | 78.50 | 76.18 | 0.871 times |
| 30 Mon Sep 2024 | 77.55 | 77.65 | 78.08 | 76.71 | 0.758 times |
| 27 Fri Sep 2024 | 77.45 | 77.20 | 77.78 | 76.43 | 0.656 times |
| 26 Thu Sep 2024 | 77.21 | 77.14 | 77.74 | 76.07 | 1.135 times |
| 25 Wed Sep 2024 | 76.61 | 77.42 | 77.84 | 75.94 | 0.941 times |
| 24 Tue Sep 2024 | 77.46 | 77.37 | 78.18 | 77.13 | 0.646 times |
| 23 Mon Sep 2024 | 77.44 | 77.20 | 77.82 | 76.97 | 0.714 times |
| 20 Fri Sep 2024 | 76.78 | 75.52 | 76.86 | 75.52 | 2.754 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 77.3 as stoploss in an intra day sell trade for a target of 76.32. However, stock will show a bullish move above 77.3.
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 |
| Upside 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 | 75.82 |
| Downside Intraday Target | 74.66 |
| Upside Intraday Target | 78.32 |
| Upside Intraday Target | 79.66 |
| Upside Intraday Target | 77.16 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 76.98 | 77.65 | 78.50 | 76.00 | 0.758 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 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 Thu Oct 2024 | 76.98 | 78.21 | 78.50 | 76.00 | 0.114 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 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 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 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 tired and bears are picking up momentum.
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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 77.05 and Fortinet Inc (FTNT) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 tired and bears are picking up momentum.
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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 77.05 and Fortinet Inc (FTNT) stock is trading below this level. This means that stock is falling with high volumes. 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.