Technical analysis from Fortinet Inc (FTNT, NASDAQ:FTNT) on the NASDAQ Stock Exchange (NASDAQ). Download the latest price data & trading signals

Fortinet Inc
+ Share

Limit order for a long position has been identified for Fortinet Inc [Bullish]
Woodie Pivot Point /
Limit order for a long position has been identified for Fortinet Inc [Bullish]

Fortinet Inc has broken the first Woodie resistance point ($55.9060) [Bullish]. Look for a long limit order entry near this point. Exit price for FTNT should be set @$56.4330 & Stoploss for Fortinet Inc should be set at $54.4530

Fortinet Inc: Ulcer Index 1.9470 [Low Stress]
Ulcer Index /
Fortinet Inc: Ulcer Index 1.9470 [Low Stress]

[BEARISH]: Fortinet Inc UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.9470.

Average True Range /
Fortinet Inc: Average True Range (1.2810) has confirmed an downtrend is present

FTNT: Average True Range Recent Trading -> (1) 26 Apr: 1.2810 (2) 25 Apr: 1.2890 (3) 24 Apr: 1.2560

Low Price /
Fortinet Inc has reached a new low of $54.9800 (1.3 %)

FTNT: LOW Current Signal -> (1) 26 Apr: BULLISH (2) 25 Apr: BEARISH (3) 24 Apr: BEARISH

Short White Candle /
FTNT Basic Candle: Short White

[BULLISH WEAK]: Fortinet Inc has formed a Short White candlestick. This means, FTNT has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Daily Volume Index /
DVI: Distribution still active for Fortinet Inc

[BEARISH]: Fortinet Inc current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1156.0000.

Top companies for
NASDAQ Stock Exchange
Advertisment
Accumulation / Distribution /
Accumulation signal for Fortinet Inc is confirmed

[BULLISH]: Fortinet Inc current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 404930.0000. day.

Fortinet Inc is in a short term downtrend with the closing price @$55.4100
Weighted Moving Average /
Fortinet Inc is in a short term downtrend with the closing price @$55.4100

[BEARISH]: Fortinet Inc currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 1.1%.

Positive VROC for FTNT is a leading indicator for continued price rise
Volume Rate of Change /
Positive VROC for FTNT is a leading indicator for continued price rise

FTNT: VROC Current Signal -> (1) 26 Apr: BULLISH (2) 25 Apr: BULLISH (3) 24 Apr: BEARISH CROSSOVER

Close Tod Vs Close Yest /
Over the last month the average daily win ratio has been 1.400000%

[BULLISH]: Fortinet Incbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for FTNT adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 3.2 & the greatest daily positive change this year has been 6.2. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 10%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 4%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.3x. Over the last month the average daily upward movement has been 1.400000%

Percentage Price /
The current price is still gaining momentum through a rise for FTNT on the short term EMA.

[BULLISH]: Fortinet Inc currently has positive PPO 1.5000%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Bull Harami /
Fortinet Inc: Bull Harami

[BULLISH]: Fortinet Inc has formed a new Bull Harami reversal pattern.

Fortinet Inc: Volume MACD oscillator (88378.0000)
MACD Volume /
Fortinet Inc: Volume MACD oscillator (88378.0000)

[BULLISH]: Fortinet Inc currently has positive Volume MACD of 88378.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Long positions for Fortinet Inc should be set between $55.5825 & $56.1850
Demarks Pivot Points /
Long positions for Fortinet Inc should be set between $55.5825 & $56.1850

Fortinet Inc has broken the first DeMark resistance point ($55.5825) [Bullish]. Look for a long limit order entry near this point. Exit price for FTNT should be set @$56.1850 & Stoploss for Fortinet Inc should be set at $55.1950

Closing Price /
Fortinet Inc: Daily performance is 1.1 % [Uptrend]

[BULLISH]: Fortinet Inc current uptrend in the first timeframe. Currently, the Close is $55.4100.

Simple Moving Average /
Simple Moving Average(5) signal continues for Fortinet Inc indicating downward price movement is likely

[BULLISH]: Fortinet Inc currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 1.1%.

Triangular Moving Average /
[Bearish]: TMA(5) is serving as a resistance line for Fortinet Inc

[BEARISH]: Fortinet Inc currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 1.1%.

Fortinet Inc has broken the first resistance point ($55.9260) [Bullish]
Pivot Points /
Fortinet Inc has broken the first resistance point ($55.9260) [Bullish]

Fortinet Inc has broken the first resistance point ($55.9260) [Bullish]. Look for a long limit order entry near this point. Exit price for FTNT should be set @$56.4430 & Stoploss for Fortinet Inc should be set between $54.4630 & $53.9460

Momentum(5) is decreasing for Fortinet Inc
Momentum /
Momentum(5) is decreasing for Fortinet Inc

FTNT: MOM Recent Trading -> (1) 26 Apr: -2.0000 (2) 25 Apr: -2.7000 (3) 24 Apr: -1.5300

Bull power has increased for Fortinet Inc signalling bullish conditions are likely
Elder Ray Index /
Bull power has increased for Fortinet Inc signalling bullish conditions are likely

[BULLISH]: Fortinet IncElder Ray Index is signalling a Bullish movementERI is 0.0860 indicating bull power. Prices are being driven above the consensus of value for FTNT during the last trading session [Buying Pressure]

Sine Weighted Moving Average /
[Bearish]: SWMA(5) is serving as a resistance line for Fortinet Inc

[BEARISH]: Fortinet Inc currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 1.1%.

Rate of Change /
Fortinet Inc currently has positive rate of change for 1.9880

[BULLISH]: Fortinet Inc currently has positive rate of change of 2.0000%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Fibonacci Extensions /
The 161.8% Fibonacci extension level for FTNT has moved to the upper limit. Stoploss should be positioned @$19.2500

Fortinet Inc has moved above the 161.8% level ($16.5600) [Bearish]. Look for a short limit order entry near this point. Exit price for FTNT should be set @$13.8700 & short position stoploss for Fortinet Inc should be set at $19.2500

Moving Average Envelope /
Oversold signal continues for Fortinet Inc indicating upward price movement is likely

[BULLISH]: Fortinet Inc current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 52.4970.

Daily trading has maintained an Uptrend medium trend for Fortinet Inc
Medium Trend /
Daily trading has maintained an Uptrend medium trend for Fortinet Inc

[BULLISH]: Fortinet Inc has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 11 2018.

Volume for Fortinet Inc continues to lose momentum @-0.7000)
Percentage Volume /
Volume for Fortinet Inc continues to lose momentum @-0.7000)

[BEARISH]: Fortinet Inc currently has negative PVO -0.7000%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -3.5%.

Opening Price /
[Bullish]: Opening performance for FTNT of -1.1 % was achieved in last trading session

[BULLISH]: Fortinet Inc opening price has gapped up. Currently, the OPEN is $55.1700 (-1.1 %).

See More   See more results
Advertisment
Advertisment
back to top