(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 2024-11-04 View latest technical analysis
10 day averaged volume of Fortinet Inc is 3438880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 78.84 | 78.63 | 79.37 | 77.80 | 1.014 times |
| 01 Fri Nov 2024 | 78.80 | 78.18 | 79.42 | 77.82 | 1.179 times |
| 31 Thu Oct 2024 | 78.66 | 78.99 | 79.51 | 78.15 | 1.333 times |
| 30 Wed Oct 2024 | 78.74 | 79.25 | 79.92 | 78.59 | 0.755 times |
| 29 Tue Oct 2024 | 79.37 | 79.77 | 80.39 | 78.51 | 1.107 times |
| 28 Mon Oct 2024 | 80.76 | 81.16 | 81.48 | 80.47 | 0.725 times |
| 25 Fri Oct 2024 | 80.34 | 80.79 | 81.80 | 80.22 | 0.905 times |
| 24 Thu Oct 2024 | 80.62 | 80.65 | 81.34 | 80.36 | 0.823 times |
| 23 Wed Oct 2024 | 80.37 | 82.03 | 82.89 | 80.24 | 1.183 times |
| 22 Tue Oct 2024 | 82.44 | 81.38 | 82.97 | 81.20 | 0.886 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 79.1, but if it comes above 79.1, then a intra day buy could be more profitable.
If you take a sell trade below 79.1, then use 79.1 as stoploss and 77.3 as target. However if you take a buy trade in stock , then use 79.1 as stoploss and 80.7 as target.
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 | 76.00 |
| Upside Target | 79.56 |
| Upside Target | 80.22 |
| Upside Target | 81.48 |
| Upside Target | 83.04 |
| Upside Target | 83.22 |
| Upside Target | 83.77 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 77.97 |
| Downside Intraday Target | 77.1 |
| Upside Intraday Target | 79.54 |
| Upside Intraday Target | 80.24 |
| Downside Intraday Target | 78.67 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 78.84 | 78.63 | 79.37 | 77.80 | 0.199 times |
| 01 Fri Nov 2024 | 78.80 | 81.16 | 81.48 | 77.82 | 1.04 times |
| 25 Fri Oct 2024 | 80.34 | 82.65 | 83.22 | 80.22 | 0.941 times |
| 18 Fri Oct 2024 | 81.07 | 83.45 | 83.77 | 79.56 | 0.85 times |
| 11 Fri Oct 2024 | 82.87 | 78.02 | 83.04 | 76.82 | 1.218 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 |
| 04 Mon Nov 2024 | 78.84 | 78.18 | 79.42 | 77.80 | 0.091 times |
| 31 Thu Oct 2024 | 78.66 | 78.21 | 83.77 | 76.00 | 0.888 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 |
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 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Fortinet Inc in short term and SELL signal is strong!
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 79.79 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 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 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Fortinet Inc in short term and SELL signal is strong!
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 79.79 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.