Title
by Americanbulls.com LLC
Title
  • English
    v
Last Update
12/17/2021
FTNT
FORTINET
Last Signal: BUY
Last Pattern: BULLISH STOP LOSS
Last Close:
333.8300
Change:
+10.9100
Percent change
+3.38%
+ to Portfolio
+ to Watchlist
6 mo. Rating 3★
$100 ▶ 139
12 mo. Rating 3★
$100 ▶ 221
24 mo. Rating 1★
$100 ▶ 438
Signal Update
Our system’s recommendation today is to BUY. The BULLISH STOP LOSS pattern finally received a confirmation because the prices crossed above the Stop Loss level which was at 324.4600, and our valid average buying price stands now at 325.8600. The previous SELL signal was issued on 12/14/2021, 3 days ago, when the stock price was 315.8000. Since then FTNT has risen by +3.19%.
Market Outlook
A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish pattern. Today’s candlestick has a white body and its close is above the stop loss level. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd.
Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern. more...
The <b>Delayed Intraday Module : <color=red>OFF</color></b> chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series.
SESSION CLOSED
Signal History
Date 
Price 
Signal 
 
$100⇨ 
12/17/2021325.8600BUY 139.31
12/14/2021315.8000SELL 139.59
12/08/2021318.6100BUY 141.11
12/01/2021330.6700SHORT 136.69
11/29/2021334.6600BUY 138.89
11/22/2021339.6400SHORT 137.43
10/29/2021328.7900BUY 133.57
10/26/2021330.4800SELL 133.84
10/01/2021293.3000BUY 119.02
09/28/2021296.5700SHORT 118.19
09/16/2021304.0600BUY 121.66
09/08/2021311.7000SELL 121.90
09/03/2021315.2500BUY 123.54
08/31/2021316.2100SELL 123.79
08/20/2021297.9400BUY 116.87
08/17/2021298.6300SELL 117.10
08/13/2021306.8200BUY 120.55
08/10/2021300.4000SELL 120.79
07/29/2021273.5700BUY 110.22
07/27/2021271.1400SELL 110.44
07/02/2021244.5200BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
12/17/2021325.8600BUY 221.30
12/14/2021315.8000SELL 221.74
12/08/2021318.6100BUY 224.16
12/01/2021330.6700SHORT 217.14
11/29/2021334.6600BUY 220.64
11/22/2021339.6400SHORT 218.32
10/29/2021328.7900BUY 212.19
10/26/2021330.4800SELL 212.62
10/01/2021293.3000BUY 189.08
09/28/2021296.5700SHORT 187.77
09/16/2021304.0600BUY 193.28
09/08/2021311.7000SELL 193.67
09/03/2021315.2500BUY 196.27
08/31/2021316.2100SELL 196.66
08/20/2021297.9400BUY 185.67
08/17/2021298.6300SELL 186.04
08/13/2021306.8200BUY 191.53
08/10/2021300.4000SELL 191.91
07/29/2021273.5700BUY 175.12
07/27/2021271.1400SELL 175.47
07/02/2021244.5200BUY 158.56
06/30/2021241.7700SELL 158.88
06/11/2021228.9400BUY 150.75
06/09/2021225.5200SELL 151.05
05/14/2021201.1050BUY 134.97
05/10/2021205.5900SELL 135.24
05/04/2021205.1100BUY 135.19
04/21/2021201.9200SELL 135.46
03/26/2021172.2700BUY 115.80
03/24/2021175.2900SHORT 114.30
03/22/2021177.5900BUY 116.26
03/17/2021185.6000SELL 116.49
03/09/2021171.4300BUY 107.81
03/04/2021167.1000SHORT 111.12
02/02/2021150.1000BUY 100.22
01/26/2021149.6500SELL 100.42
01/20/2021150.2900BUY 101.05
01/14/2021147.5300SELL 101.25
01/08/2021145.1200BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
12/17/2021325.8600BUY 438.40
12/14/2021315.8000SELL 439.28
12/08/2021318.6100BUY 444.08
12/01/2021330.6700SHORT 430.17
11/29/2021334.6600BUY 437.11
11/22/2021339.6400SHORT 432.52
10/29/2021328.7900BUY 420.38
10/26/2021330.4800SELL 421.22
10/01/2021293.3000BUY 374.58
09/28/2021296.5700SHORT 371.98
09/16/2021304.0600BUY 382.90
09/08/2021311.7000SELL 383.67
09/03/2021315.2500BUY 388.82
08/31/2021316.2100SELL 389.60
08/20/2021297.9400BUY 367.83
08/17/2021298.6300SELL 368.57
08/13/2021306.8200BUY 379.44
08/10/2021300.4000SELL 380.20
07/29/2021273.5700BUY 346.94
07/27/2021271.1400SELL 347.64
07/02/2021244.5200BUY 314.14
06/30/2021241.7700SELL 314.77
06/11/2021228.9400BUY 298.66
06/09/2021225.5200SELL 299.26
05/14/2021201.1050BUY 267.40
05/10/2021205.5900SELL 267.94
05/04/2021205.1100BUY 267.85
04/21/2021201.9200SELL 268.39
03/26/2021172.2700BUY 229.44
03/24/2021175.2900SHORT 226.46
03/22/2021177.5900BUY 230.35
03/17/2021185.6000SELL 230.81
03/09/2021171.4300BUY 213.62
03/04/2021167.1000SHORT 220.18
02/02/2021150.1000BUY 198.57
01/26/2021149.6500SELL 198.97
01/20/2021150.2900BUY 200.22
01/14/2021147.5300SELL 200.62
01/08/2021145.1200BUY 197.74
12/29/2020148.6500SELL 198.14
11/13/2020115.5300BUY 154.30
11/09/2020117.1100SHORT 152.86
11/04/2020115.1800BUY 150.94
10/28/2020122.5100SELL 151.24
09/22/2020118.6800BUY 146.81
09/04/2020119.4800SHORT 146.42
09/02/2020132.5550BUY 163.10
08/28/2020131.5100SELL 163.43
08/14/2020127.6000BUY 158.89
08/10/2020130.6100SHORT 155.93
07/23/2020135.1600BUY 162.01
07/13/2020145.1800SELL 162.33
06/30/2020136.5850BUY 153.03
06/24/2020136.4900SHORT 153.75
05/29/2020136.3500BUY 154.21
05/21/2020144.0500SELL 154.52
05/05/2020106.1500BUY 114.09
05/01/2020105.1900SELL 114.32
04/27/2020105.2400BUY 114.60
04/21/2020109.8200SELL 114.83
03/24/202090.8700BUY 95.21
03/20/202084.9400SHORT 102.77
03/10/202090.7200BUY 110.20
03/05/2020104.0000SHORT 98.11
03/02/2020107.4550BUY 101.78
02/20/2020118.6450SELL 101.98
01/30/2020118.0300BUY 101.65
01/27/2020114.4300SELL 101.85
01/03/2020109.1568BUY 97.35
12/30/2019106.9500SHORT 99.80
† Trade commissions are taken as 0.20%.







Pattern & Confirmation Chart for the Last 6 Months
The chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
FTNT - Pattern & Confirmation History since 06/18/2021
Date 
Pattern 
Buy Level 
Stop Loss 
Sell Level 
Confirmation 
Signal 
Level 
Date 
12/15/2021BULLISH STOP LOSS 324.4600 325.860012/17/2021BUY
12/09/2021BEARISH ENGULFING 324.4600316.4200315.800012/14/2021SELL
12/07/2021BULLISH KICKING317.2400302.9900 318.610012/8/2021BUY
12/02/2021BULLISH HARAMI321.4300301.1000    
11/30/2021BEARISH ENGULFING 347.7700332.1100330.670012/1/2021SHORT
11/24/2021BULLISH TWO RABBITS333.2400319.9700 334.660011/29/2021BUY
11/17/2021BEARISH DOJI STAR 344.1400341.1200339.640011/22/2021SHORT
11/15/2021BEARISH ENGULFING 344.7523335.1300   
11/03/2021BEARISH DOJI STAR 332.3600329.1750   
11/01/2021BEARISH ENGULFING 337.9900324.1100   
10/28/2021BULLISH ONE WHITE SOLDIER327.3800320.6800 328.790010/29/2021BUY
10/25/2021BEARISH ENGULFING 345.2500331.9100330.480010/26/2021SELL
10/04/2021BEARISH ONE BLACK CROW 294.3300288.8700   
09/30/2021BULLISH ENGULFING292.0400288.3900 293.300010/1/2021BUY
09/29/2021BULLISH HOMING PIGEON292.8750287.0700    
09/27/2021BEARISH ONE BLACK CROW 309.8800300.5700296.57009/28/2021SHORT
09/17/2021BEARISH ONE BLACK CROW 304.4100299.4900   
09/14/2021BULLISH HARAMI303.7400294.2683 304.06009/16/2021BUY
09/09/2021BULLISH HARAMI311.1250308.0500    
09/07/2021BEARISH DARK CLOUD COVER 322.0000314.0800311.70009/8/2021SELL
09/02/2021BULLISH HARAMI313.9000304.4279 315.25009/3/2021BUY
08/30/2021BEARISH DOJI STAR 321.9000317.5900316.21008/31/2021SELL
08/24/2021BEARISH ENGULFING 308.0100299.8400   
08/19/2021BULLISH PIERCING LINE295.7800286.2600 297.94008/20/2021BUY
08/16/2021BEARISH ONE BLACK CROW 309.0000302.4400298.63008/17/2021SELL
08/12/2021BULLISH STOP LOSS 305.5000 306.82008/13/2021BUY
08/09/2021BEARISH DARK CLOUD COVER 305.5000301.1100300.40008/10/2021SELL
08/05/2021BEARISH DARK CLOUD COVER 306.5100300.0200   
07/28/2021BULLISH HARAMI CROSS272.4000266.6800 273.57007/29/2021BUY
07/26/2021BEARISH DARK CLOUD COVER 276.9976272.3400271.14007/27/2021SELL
07/21/2021BEARISH DOJI STAR 266.0200264.0250   
07/14/2021BEARISH ENGULFING 258.6650255.8400   
07/07/2021BEARISH HANGING MAN 253.7899249.7455   
07/06/2021BEARISH DOJI STAR 251.8474249.3936   
07/01/2021BULLISH PIERCING LINE242.3400236.3601 244.52007/2/2021BUY
06/29/2021BEARISH HARAMI CROSS 247.3300243.2400241.77006/30/2021SELL


FTNT - Pattern Performance
Pattern 
Patterns
Total		 
Confirmed
Total		 
Profitable
Signals		 
Confirmation
 
Profitable
Signal		 
Per Trade 
Profit 
Loss 
Total Net Descending
BULLISH PATTERNS
  126350%50%21%1%20%
  73242%66%10%0%10%
  442100%50%11%2%9%
  1510866%80%8%1%7%
  18131072%76%7%0%7%
  32231571%65%6%2%4%
  221100%50%4%1%3%
  75271%40%4%1%3%
  1511773%63%4%2%2%
  111100%100%2%0%2%
  111100%100%1%0%1%
  1210883%80%5%4%1%
  221100%50%0%0%0%
  1000%0%0%0%0%
  220100%0%0%1%-1%
  110100%0%0%6%-6%
BEARISH PATTERNS
  1412485%33%8%2%6%
  32266%100%5%0%5%
  111100%100%5%0%5%
  136346%50%5%1%4%
  1711764%63%3%0%3%
  21150%100%3%0%3%
  168350%37%4%1%3%
  187238%28%4%1%3%
  84250%50%4%1%3%
  84350%75%4%2%2%
  3517548%29%2%1%1%
  1000%0%0%0%0%
  52140%50%0%0%0%
  149764%77%2%2%0%
  2000%0%0%0%0%
  146342%50%2%2%0%
  43175%33%0%3%-3%

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Americanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Americanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Americanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Americanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.