(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 2024-11-25 View latest technical analysis
10 day averaged volume of Fortinet Inc is 6317910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 93.12 | 93.11 | 94.90 | 92.68 | 1.394 times |
| 22 Fri Nov 2024 | 92.77 | 94.32 | 94.50 | 92.33 | 0.643 times |
| 21 Thu Nov 2024 | 94.02 | 93.00 | 94.35 | 92.52 | 0.693 times |
| 20 Wed Nov 2024 | 92.45 | 91.30 | 92.49 | 90.61 | 0.796 times |
| 19 Tue Nov 2024 | 90.79 | 90.58 | 91.78 | 89.67 | 0.903 times |
| 18 Mon Nov 2024 | 91.88 | 94.57 | 96.74 | 90.96 | 1.377 times |
| 15 Fri Nov 2024 | 94.20 | 94.80 | 96.38 | 92.73 | 0.936 times |
| 14 Thu Nov 2024 | 94.46 | 96.54 | 97.06 | 94.11 | 1.152 times |
| 13 Wed Nov 2024 | 97.88 | 98.05 | 100.59 | 97.60 | 1.04 times |
| 12 Tue Nov 2024 | 99.15 | 97.16 | 99.51 | 96.91 | 1.131 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 95.8 as stoploss in an intra day sell trade for a target of 88.34. However, stock will show a bullish move above 95.8.
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 |
| Downside Target | 81.48 |
| Downside Target | 83.77 |
| Downside Target | 89.67 |
| Downside Target | 92.30 |
| Downside Target | 92.68 |
| Upside Target | 94.90 |
| Upside Target | 96.74 |
| Upside Target | 100.59 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 92.23 |
| Downside Intraday Target | 91.35 |
| Upside Intraday Target | 94.45 |
| Upside Intraday Target | 95.79 |
| Upside Intraday Target | 93.57 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 93.12 | 93.11 | 94.90 | 92.68 | 0.316 times |
| 22 Fri Nov 2024 | 92.77 | 94.57 | 96.74 | 89.67 | 0.79 times |
| 15 Fri Nov 2024 | 94.20 | 92.42 | 100.59 | 92.30 | 1.045 times |
| 08 Fri Nov 2024 | 92.04 | 78.63 | 92.53 | 77.72 | 1.926 times |
| 01 Fri Nov 2024 | 78.80 | 81.16 | 81.48 | 77.82 | 1.04 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 |
| 25 Mon Nov 2024 | 93.12 | 78.18 | 100.59 | 77.72 | 1.321 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 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 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 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 Strong 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. Bears 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Fortinet Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 94.15 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 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 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 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 Strong 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. Bears 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Fortinet Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 94.15 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.