(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 2024-04-29 View latest technical analysis
10 day averaged volume of Fortinet Inc is 3792720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 64.30 | 64.35 | 65.14 | 63.70 | 1.008 times |
| 26 Fri Apr 2024 | 64.18 | 64.42 | 65.15 | 63.90 | 1.091 times |
| 25 Thu Apr 2024 | 64.03 | 64.61 | 64.69 | 62.87 | 0.968 times |
| 24 Wed Apr 2024 | 65.45 | 64.89 | 65.80 | 64.59 | 1.006 times |
| 23 Tue Apr 2024 | 64.80 | 64.08 | 65.10 | 63.98 | 0.934 times |
| 22 Mon Apr 2024 | 63.69 | 63.97 | 64.23 | 62.61 | 0.957 times |
| 19 Fri Apr 2024 | 63.40 | 63.79 | 64.41 | 62.92 | 1.275 times |
| 18 Thu Apr 2024 | 64.03 | 64.77 | 65.01 | 63.53 | 0.814 times |
| 17 Wed Apr 2024 | 64.66 | 64.89 | 65.55 | 64.50 | 0.864 times |
| 16 Tue Apr 2024 | 64.48 | 64.62 | 65.57 | 64.26 | 0.795 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 63.9 as stoploss in an intra day buy trade for a target of 66.37. However, stock will show a bearish move below 63.9.
Share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Target | 50.65 |
| Downside Target | 56.94 |
| Downside Target | 59.87 |
| Downside Target | 62.61 |
| Upside Target | 65.14 |
| Upside Target | 67.19 |
| Upside Target | 67.36 |
| Upside Target | 70.24 |
| Upside Target | 73.50 |
| Upside Target | 73.63 |
| Upside Target | 73.91 |
Intraday share price targets for Fortinet Inc (FTNT)
| Target Type | Value |
| Downside Intraday Target | 63.62 |
| Downside Intraday Target | 62.94 |
| Upside Intraday Target | 65.06 |
| Upside Intraday Target | 65.82 |
| Upside Intraday Target | 64.38 |
Weekly technical analysis of Fortinet Inc (FTNT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 64.30 | 64.35 | 65.14 | 63.70 | 0.203 times |
| 26 Fri Apr 2024 | 64.18 | 63.97 | 65.80 | 62.61 | 0.983 times |
| 19 Fri Apr 2024 | 63.40 | 67.08 | 67.19 | 62.92 | 0.976 times |
| 12 Fri Apr 2024 | 66.45 | 70.04 | 70.24 | 65.93 | 0.653 times |
| 05 Fri Apr 2024 | 70.91 | 68.73 | 73.63 | 66.60 | 2.134 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 |
| 29 Mon Apr 2024 | 64.30 | 68.73 | 73.63 | 62.61 | 0.967 times |
| 28 Thu Mar 2024 | 68.31 | 69.09 | 73.50 | 66.19 | 0.631 times |
| 29 Thu Feb 2024 | 69.11 | 64.71 | 73.91 | 61.00 | 1.061 times |
| 31 Wed Jan 2024 | 64.49 | 58.10 | 67.36 | 56.94 | 1.139 times |
Scroll below to view daily charts
Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Fortinet Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Fortinet Inc in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Fortinet Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 64.27 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 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 negative.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Fortinet Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Fortinet Inc in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Fortinet Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 64.27 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.