(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 2024-04-09 View latest technical analysis
10 day averaged volume of Fortinet Inc is 4918400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 68.22 | 69.14 | 69.14 | 67.80 | 0.569 times |
| 08 Mon Apr 2024 | 68.39 | 70.04 | 70.24 | 68.23 | 1.037 times |
| 05 Fri Apr 2024 | 70.91 | 69.75 | 71.83 | 69.34 | 1.52 times |
| 04 Thu Apr 2024 | 69.23 | 72.03 | 73.63 | 69.21 | 1.415 times |
| 03 Wed Apr 2024 | 71.32 | 68.61 | 72.02 | 68.58 | 1.6 times |
| 02 Tue Apr 2024 | 68.85 | 66.97 | 68.93 | 66.60 | 0.958 times |
| 01 Mon Apr 2024 | 67.82 | 68.73 | 68.73 | 66.73 | 0.611 times |
| 28 Thu Mar 2024 | 68.31 | 67.21 | 68.60 | 67.00 | 0.797 times |
| 27 Wed Mar 2024 | 67.27 | 68.29 | 68.32 | 66.19 | 0.719 times |
| 26 Tue Mar 2024 | 67.45 | 67.96 | 68.17 | 67.04 | 0.673 times |
My analysis of stock is bearish for shortterm, and stock might move down till 67.3 or till 65.7. Use a stoploss of 68.6 and if the stock hits stoploss, then it can shoot up till 69.9
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 50.65 |
| Downside Target | 56.94 |
| Downside Target | 59.87 |
| Downside Target | 66.19 |
| Upside Target | 68.60 |
| Upside Target | 68.93 |
| Upside Target | 70.24 |
| Upside Target | 71.95 |
| 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 | 67.27 |
| Downside Intraday Target | 66.31 |
| Upside Intraday Target | 69.71 |
| Upside Intraday Target | 71.19 |
| Upside Intraday Target | 68.75 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 68.22 | 70.04 | 70.24 | 67.80 | 0.263 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 |
| 22 Fri Mar 2024 | 68.30 | 66.99 | 68.93 | 66.45 | 0.641 times |
| 15 Fri Mar 2024 | 66.72 | 70.93 | 71.95 | 66.51 | 0.92 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 |
| 09 Tue Apr 2024 | 68.22 | 68.73 | 73.63 | 66.60 | 0.401 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 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 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 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 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. 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 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 and the buying is gaining 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 69.22 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 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 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 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 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 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. 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 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 and the buying is gaining 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 69.22 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.