Fortinet, Inc.s stock price (FTNT) inched higher in latest intraday trading, benefiting from dynamic support due to trading above the 50-day SMA, amid the dominance of the main upward trend and trading alongside a short-term rising trend line. However, in contrast, we notice negative signals starting to stream from the Stochastic after reaching extremely overbought levels, which has capped recent gains.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $98.60 holds on, targeting the pivotal resistance of $114.80.

Todays price forecast: Bullish