(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.
10 day averaged volume of Fortinet Inc is 3892350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 64.18 | 64.42 | 65.15 | 63.90 | 1.063 times |
| 25 Thu Apr 2024 | 64.03 | 64.61 | 64.69 | 62.87 | 0.943 times |
| 24 Wed Apr 2024 | 65.45 | 64.89 | 65.80 | 64.59 | 0.981 times |
| 23 Tue Apr 2024 | 64.80 | 64.08 | 65.10 | 63.98 | 0.911 times |
| 22 Mon Apr 2024 | 63.69 | 63.97 | 64.23 | 62.61 | 0.932 times |
| 19 Fri Apr 2024 | 63.40 | 63.79 | 64.41 | 62.92 | 1.242 times |
| 18 Thu Apr 2024 | 64.03 | 64.77 | 65.01 | 63.53 | 0.793 times |
| 17 Wed Apr 2024 | 64.66 | 64.89 | 65.55 | 64.50 | 0.842 times |
| 16 Tue Apr 2024 | 64.48 | 64.62 | 65.57 | 64.26 | 0.775 times |
| 15 Mon Apr 2024 | 64.73 | 67.08 | 67.19 | 64.58 | 1.262 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 64.1 as stoploss in an intra day buy trade for a target of 66.55. However, stock will show a bearish move below 64.1.
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 50.65 |
| Downside Target | 56.94 |
| Downside Target | 59.87 |
| Downside Target | 62.61 |
| Upside Target | 65.80 |
| Upside Target | 67.36 |
| Upside Target | 68.60 |
| Upside Target | 70.24 |
| 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 | 62.59 |
| Downside Intraday Target | 61.01 |
| Upside Intraday Target | 65.78 |
| Upside Intraday Target | 67.39 |
| Upside Intraday Target | 64.2 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 64.18 | 63.97 | 65.80 | 62.61 | 0.983 times |
| 19 Fri Apr 2024 | 63.40 | 67.08 | 67.19 | 62.92 | 0.976 times |
| 12 Fri Apr 2024 | 66.45 | 70.04 | 70.24 | 65.93 | 0.653 times |
| 05 Fri Apr 2024 | 70.91 | 68.73 | 73.63 | 66.60 | 2.134 times |
| 28 Thu Mar 2024 | 68.31 | 67.85 | 68.60 | 66.19 | 0.793 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 |
| 26 Fri Apr 2024 | 64.18 | 68.73 | 73.63 | 62.61 | 0.927 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Fortinet Inc in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 64.33 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Fortinet Inc ( (FTNT) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Fortinet Inc in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 64.33 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.