Title
by Americanbulls.com LLC
Last Update
05/10/2021
FTNT
FORTINET
Last Signal: SELL
Last Pattern: BEARISH ONE BLACK CROW
Last Close:
204.2900
Change:
-7.4800
Percent change
-3.53%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ONE BLACK CROW pattern finally received a confirmation because the prices crossed below the confirmation level which was at 206.5100, and our valid average selling price stands now at 205.5900. The previous BUY signal was issued on 05/04/2021, 6 days ago, when the stock price was 205.1100. Since then FTNT has risen by +0.23%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern appears in an uptrend and consists of a white candlestick and a black candlestick in which the black candlestick opens below the preceding day’s close and closes below its open. The pattern looks similar to the Bearish Harami pattern. The only difference is that the second day closes lower, which stops the engulfing of the black body by the preceding white body. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
05/10/2021205.5900SELL 173.28
05/04/2021205.1100BUY 173.22
04/21/2021201.9200SELL 173.57
03/26/2021172.2700BUY 148.38
03/24/2021175.2900SHORT 146.45
03/22/2021177.5900BUY 148.97
03/17/2021185.6000SELL 149.27
03/09/2021171.4300BUY 138.15
03/04/2021167.1000SHORT 142.39
02/02/2021150.1000BUY 128.42
01/26/2021149.6500SELL 128.68
01/20/2021150.2900BUY 129.49
01/14/2021147.5300SELL 129.75
01/08/2021145.1200BUY 127.89
12/29/2020148.6500SELL 128.15
11/13/2020115.5300BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
05/10/2021205.5900SELL 173.37
05/04/2021205.1100BUY 173.31
04/21/2021201.9200SELL 173.66
03/26/2021172.2700BUY 148.46
03/24/2021175.2900SHORT 146.53
03/22/2021177.5900BUY 149.05
03/17/2021185.6000SELL 149.35
03/09/2021171.4300BUY 138.22
03/04/2021167.1000SHORT 142.47
02/02/2021150.1000BUY 128.49
01/26/2021149.6500SELL 128.75
01/20/2021150.2900BUY 129.56
01/14/2021147.5300SELL 129.82
01/08/2021145.1200BUY 127.96
12/29/2020148.6500SELL 128.22
11/13/2020115.5300BUY 99.85
11/09/2020117.1100SHORT 98.92
11/04/2020115.1800BUY 97.68
10/28/2020122.5100SELL 97.88
09/22/2020118.6800BUY 95.01
09/04/2020119.4800SHORT 94.76
09/02/2020132.5550BUY 105.55
08/28/2020131.5100SELL 105.76
08/14/2020127.6000BUY 102.82
08/10/2020130.6100SHORT 100.91
07/23/2020135.1600BUY 104.84
07/13/2020145.1800SELL 105.05
06/30/2020136.5850BUY 99.03
06/24/2020136.4900SHORT 99.50
05/29/2020136.3500BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
05/10/2021205.5900SELL 441.51
05/04/2021205.1100BUY 441.36
04/21/2021201.9200SELL 442.24
03/26/2021172.2700BUY 378.06
03/24/2021175.2900SHORT 373.15
03/22/2021177.5900BUY 379.56
03/17/2021185.6000SELL 380.32
03/09/2021171.4300BUY 351.99
03/04/2021167.1000SHORT 362.80
02/02/2021150.1000BUY 327.20
01/26/2021149.6500SELL 327.86
01/20/2021150.2900BUY 329.92
01/14/2021147.5300SELL 330.58
01/08/2021145.1200BUY 325.83
12/29/2020148.6500SELL 326.48
11/13/2020115.5300BUY 254.25
11/09/2020117.1100SHORT 251.87
11/04/2020115.1800BUY 248.71
10/28/2020122.5100SELL 249.21
09/22/2020118.6800BUY 241.90
09/04/2020119.4800SHORT 241.26
09/02/2020132.5550BUY 268.74
08/28/2020131.5100SELL 269.28
08/14/2020127.6000BUY 261.80
08/10/2020130.6100SHORT 256.93
07/23/2020135.1600BUY 266.95
07/13/2020145.1800SELL 267.48
06/30/2020136.5850BUY 252.15
06/24/2020136.4900SHORT 253.34
05/29/2020136.3500BUY 254.10
05/21/2020144.0500SELL 254.61
05/05/2020106.1500BUY 188.00
05/01/2020105.1900SELL 188.38
04/27/2020105.2400BUY 188.85
04/21/2020109.8200SELL 189.23
03/24/202090.8700BUY 156.89
03/20/202084.9400SHORT 169.34
03/10/202090.7200BUY 181.59
03/05/2020104.0000SHORT 161.67
03/02/2020107.4550BUY 167.71
02/20/2020118.6450SELL 168.05
01/30/2020118.0300BUY 167.51
01/27/2020114.4300SELL 167.85
01/03/2020109.1568BUY 160.44
12/30/2019106.9500SHORT 164.48
12/13/2019104.8400BUY 161.88
12/10/2019103.5500SELL 162.20
12/05/2019104.2400BUY 163.61
12/02/2019104.0000SELL 163.94
10/23/201977.3700BUY 122.21
10/15/201978.8650SELL 122.45
10/07/201977.8100BUY 121.05
10/01/201977.2500SHORT 122.42
09/25/201979.2900BUY 126.16
09/12/201979.1550SHORT 126.88
08/30/201979.1800BUY 127.43
08/12/201982.6500SHORT 122.79
08/08/201982.4550BUY 122.99
07/25/201985.3400SELL 123.24
06/27/201976.1100BUY 110.13
06/21/201976.6100SELL 110.35
06/06/201973.5900BUY 106.21
05/20/201981.3500SHORT 97.35
05/16/201981.5400BUY 97.97
05/13/201980.3800SHORT 99.80
† Trade commissions are taken as 0.20%.

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