(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 2024-12-24 View latest technical analysis
10 day averaged volume of Fortinet Inc is 4560397
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 97.81 | 96.65 | 97.83 | 96.32 | 0.387 times |
| 23 Mon Dec 2024 | 96.42 | 96.93 | 97.07 | 95.34 | 0.681 times |
| 20 Fri Dec 2024 | 97.19 | 93.72 | 97.83 | 93.36 | 2.903 times |
| 19 Thu Dec 2024 | 94.85 | 95.94 | 96.86 | 94.23 | 0.963 times |
| 18 Wed Dec 2024 | 93.60 | 98.05 | 98.57 | 92.83 | 0.852 times |
| 17 Tue Dec 2024 | 97.62 | 98.16 | 99.37 | 97.01 | 0.873 times |
| 16 Mon Dec 2024 | 98.16 | 98.21 | 98.50 | 97.03 | 0.826 times |
| 13 Fri Dec 2024 | 97.95 | 98.29 | 99.19 | 96.86 | 0.685 times |
| 12 Thu Dec 2024 | 98.60 | 98.04 | 98.90 | 97.25 | 0.625 times |
| 11 Wed Dec 2024 | 98.04 | 98.00 | 98.68 | 97.03 | 0.738 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 98 as stoploss in an intra day sell trade for a target of 95.62. However, stock will show a bullish move above 98.
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 | 92.68 |
| Downside Target | 96.70 |
| Upside Target | 97.83 |
| 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 | 96.16 |
| Downside Intraday Target | 94.5 |
| Upside Intraday Target | 98.65 |
| Upside Intraday Target | 99.48 |
| Downside Intraday Target | 96.99 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 97.81 | 96.93 | 97.83 | 95.34 | 0.166 times |
| 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 |
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 |
| 24 Tue Dec 2024 | 97.81 | 99.71 | 100.40 | 92.83 | 0.433 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 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 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 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 and BUY 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 96.94 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 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 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 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 and BUY 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 96.94 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.