(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 2024-03-13 View latest technical analysis
10 day averaged volume of Fortinet Inc is 5047760
Date | Daily Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 70.18 | 71.59 | 71.59 | 70.00 | 0.808 times |
12 Tue Mar 2024 | 71.34 | 71.68 | 71.95 | 70.74 | 0.764 times |
11 Mon Mar 2024 | 71.46 | 70.93 | 71.80 | 69.91 | 0.622 times |
08 Fri Mar 2024 | 71.35 | 73.26 | 73.50 | 71.09 | 1.046 times |
07 Thu Mar 2024 | 73.07 | 71.95 | 73.33 | 71.19 | 1.251 times |
06 Wed Mar 2024 | 71.32 | 70.97 | 71.73 | 69.11 | 1.466 times |
05 Tue Mar 2024 | 69.04 | 71.07 | 71.07 | 67.31 | 1.355 times |
04 Mon Mar 2024 | 71.39 | 70.68 | 71.69 | 70.50 | 0.847 times |
01 Fri Mar 2024 | 70.44 | 69.09 | 70.49 | 68.57 | 0.959 times |
29 Thu Feb 2024 | 69.11 | 70.05 | 70.15 | 68.15 | 1.145 times |
My analysis of stock is bullish for shortterm, and stock might move up till 71.5 or till 73.7. Use a stoploss of 69.7 and if this stock hits its stoploss, then it can fall down till 67.89
Share price targets for Fortinet Inc (FTNT)
Target Type | Value |
Downside Target | 44.12 |
Downside Target | 50.65 |
Downside Target | 56.94 |
Downside Target | 58.19 |
Downside Target | 59.87 |
Downside Target | 67.31 |
Downside Target | 69.91 |
Upside Target | 70.49 |
Upside Target | 71.49 |
Upside Target | 71.95 |
Upside Target | 73.50 |
Upside Target | 73.91 |
Intraday share price targets for Fortinet Inc (FTNT)
Target Type | Value |
Downside Intraday Target | 69.41 |
Downside Intraday Target | 68.64 |
Upside Intraday Target | 71.45 |
Upside Intraday Target | 72.72 |
Upside Intraday Target | 70.68 |
Weekly technical analysis of Fortinet Inc (FTNT)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 70.18 | 70.93 | 71.95 | 69.91 | 0.368 times |
08 Fri Mar 2024 | 71.35 | 70.68 | 73.50 | 67.31 | 1.278 times |
01 Fri Mar 2024 | 70.44 | 68.00 | 70.49 | 67.77 | 0.857 times |
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 |
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 Wed Mar 2024 | 70.18 | 69.09 | 73.50 | 67.31 | 0.307 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 |
29 Fri Dec 2023 | 58.53 | 52.05 | 59.87 | 50.65 | 0.609 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 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 SELL. 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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 70.83 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 SELL. 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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 70.83 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.