(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 2024-02-23 View latest technical analysis
10 day averaged volume of Fortinet Inc is 6124800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 67.64 | 67.50 | 67.89 | 67.19 | 0.616 times |
| 22 Thu Feb 2024 | 66.96 | 66.95 | 67.23 | 65.77 | 1.245 times |
| 21 Wed Feb 2024 | 65.34 | 62.03 | 65.52 | 61.00 | 2.093 times |
| 20 Tue Feb 2024 | 67.91 | 68.16 | 68.36 | 66.76 | 0.534 times |
| 16 Fri Feb 2024 | 68.48 | 70.08 | 70.08 | 67.90 | 0.739 times |
| 15 Thu Feb 2024 | 70.26 | 71.45 | 71.49 | 70.04 | 0.52 times |
| 14 Wed Feb 2024 | 70.88 | 70.08 | 70.94 | 69.93 | 0.605 times |
| 13 Tue Feb 2024 | 69.40 | 68.52 | 69.56 | 68.25 | 0.886 times |
| 12 Mon Feb 2024 | 70.26 | 70.66 | 71.09 | 70.13 | 0.782 times |
| 09 Fri Feb 2024 | 70.44 | 68.25 | 70.86 | 68.20 | 1.228 times |
My analysis of stock is bearish for shortterm, and stock might move down till 66 or till 63.8. Use a stoploss of 67.78 and if the stock hits stoploss, then it can shoot up till 69.61
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 44.12 |
| Downside Target | 50.65 |
| Downside Target | 55.46 |
| Downside Target | 56.94 |
| Downside Target | 58.19 |
| Downside Target | 59.87 |
| Downside Target | 63.59 |
| Downside Target | 64.86 |
| Downside Target | 66.99 |
| Upside Target | 67.90 |
| Upside Target | 68.36 |
| Upside Target | 71.49 |
| Upside Target | 73.91 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 62.97 |
| Downside Intraday Target | 58.31 |
| Upside Intraday Target | 70.33 |
| Upside Intraday Target | 73.03 |
| Downside Intraday Target | 65.67 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 67.64 | 68.16 | 68.36 | 61.00 | 1.271 times |
| 16 Fri Feb 2024 | 68.48 | 70.66 | 71.49 | 67.90 | 0.339 times |
| 09 Fri Feb 2024 | 70.44 | 66.41 | 73.91 | 64.86 | 1.687 times |
| 02 Fri Feb 2024 | 66.44 | 65.81 | 66.99 | 63.59 | 1.001 times |
| 26 Fri Jan 2024 | 66.12 | 61.88 | 67.36 | 61.40 | 1.479 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 |
| 23 Fri Feb 2024 | 67.64 | 64.71 | 73.91 | 61.00 | 0.928 times |
| 31 Wed Jan 2024 | 64.49 | 58.10 | 67.36 | 56.94 | 1.139 times |
| 29 Fri Dec 2023 | 58.53 | 52.05 | 59.87 | 50.65 | 0.609 times |
| 30 Thu Nov 2023 | 52.56 | 57.43 | 58.19 | 44.12 | 1.62 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above 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
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 68.23 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above 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
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 68.23 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 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.