(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 2024-12-20 View latest technical analysis
10 day averaged volume of Fortinet Inc is 3824619
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 97.19 | 93.72 | 97.83 | 93.36 | 3.462 times |
| 19 Thu Dec 2024 | 94.85 | 95.94 | 96.86 | 94.23 | 1.148 times |
| 18 Wed Dec 2024 | 93.60 | 98.05 | 98.57 | 92.83 | 1.015 times |
| 17 Tue Dec 2024 | 97.62 | 98.16 | 99.37 | 97.01 | 1.041 times |
| 16 Mon Dec 2024 | 98.16 | 98.21 | 98.50 | 97.03 | 0.985 times |
| 13 Fri Dec 2024 | 97.95 | 98.29 | 99.19 | 96.86 | 0.817 times |
| 12 Thu Dec 2024 | 98.60 | 98.04 | 98.90 | 97.25 | 0.746 times |
| 11 Wed Dec 2024 | 98.04 | 98.00 | 98.68 | 97.03 | 0.88 times |
| 10 Tue Dec 2024 | 97.13 | 96.52 | 98.37 | 96.06 | 1.017 times |
| 09 Mon Dec 2024 | 97.04 | 99.71 | 100.40 | 96.20 | 1.114 times |
Stock of Fortinet Inc (FTNT) has showed a significant upmove. This could be a good time to enter in this stock!
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 97.7 as stoploss in an intra day sell trade for a target of 95.34. However, stock will show a bullish move above 97.7.
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 54.57 |
| Downside Target | 73.29 |
| Downside Target | 76.00 |
| Downside Target | 83.77 |
| Downside Target | 89.67 |
| Downside Target | 92.68 |
| Downside Target | 96.06 |
| Downside Target | 96.70 |
| Downside Target | 96.74 |
| Upside Target | 99.37 |
| Upside Target | 100.40 |
| Upside Target | 100.59 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 93.56 |
| Downside Intraday Target | 89.92 |
| Upside Intraday Target | 100.1 |
| Upside Intraday Target | 103 |
| Downside Intraday Target | 96.46 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 97.19 | 98.21 | 99.37 | 92.83 | 1.673 times |
| 13 Fri Dec 2024 | 97.95 | 99.71 | 100.40 | 96.06 | 3.699 times |
| 26 Tue Nov 2024 | 96.44 | 93.97 | 96.70 | 93.97 | 0.349 times |
| 26 Tue Nov 2024 | 96.44 | 93.11 | 96.70 | 92.68 | 0.485 times |
| 22 Fri Nov 2024 | 92.77 | 94.57 | 96.74 | 89.67 | 0.79 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fortinet Inc (FTNT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 97.19 | 99.71 | 100.40 | 92.83 | 0.392 times |
| 26 Tue Nov 2024 | 96.44 | 78.18 | 100.59 | 77.72 | 1.435 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 |
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 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 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 and the buying is gaining 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 96.97 and Fortinet Inc (FTNT) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 and the buying is gaining 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 96.97 and Fortinet Inc (FTNT) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.