(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 2024-11-08 View latest technical analysis
10 day averaged volume of Fortinet Inc is 4062920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 92.04 | 84.50 | 92.53 | 84.26 | 3.394 times |
| 07 Thu Nov 2024 | 83.68 | 82.45 | 83.83 | 81.50 | 1.569 times |
| 06 Wed Nov 2024 | 80.87 | 80.21 | 81.08 | 79.78 | 1.406 times |
| 05 Tue Nov 2024 | 77.92 | 79.35 | 79.45 | 77.72 | 1.085 times |
| 04 Mon Nov 2024 | 78.84 | 78.63 | 79.37 | 77.80 | 0.859 times |
| 01 Fri Nov 2024 | 78.80 | 78.18 | 79.42 | 77.82 | 0.998 times |
| 31 Thu Oct 2024 | 78.66 | 78.99 | 79.51 | 78.15 | 1.129 times |
| 30 Wed Oct 2024 | 78.74 | 79.25 | 79.92 | 78.59 | 0.639 times |
| 29 Tue Oct 2024 | 79.37 | 79.77 | 80.39 | 78.51 | 0.937 times |
| 28 Mon Oct 2024 | 80.76 | 81.16 | 81.48 | 80.47 | 0.613 times |
Stock of Fortinet Inc (FTNT) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 87.7, for a target of 84.2 or 81.25
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 | 83.04 |
| Downside Target | 83.22 |
| Downside Target | 83.77 |
| Upside Target | 92.53 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 82.33 |
| Downside Intraday Target | 72.62 |
| Upside Intraday Target | 97.14 |
| Upside Intraday Target | 102.24 |
| Downside Intraday Target | 87.43 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 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, 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 |
| 08 Fri Nov 2024 | 92.04 | 78.18 | 92.53 | 77.72 | 0.455 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for Fortinet Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fortinet Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 83.24 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for Fortinet Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fortinet Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 83.24 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.