The Greedy Trader Weekly Analysis
Sign In Mar 27, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 3/20/2026 -
Sign In to see current Signals.

Fortinet (FTNT) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger BandsPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Fortinet (FTNT). During the week, the FTNT dropped -2.04 points, or -2.44%, and closed at 81.40 on Friday, March 20, 2026. Weekly volume was 16% above average.

Long-term trend: [See FTNT long-term trend chart]
A long-term downtrend had started on May 5, 2025 at 109.33 and reached 70.12 on August 7, 2025. FTNT lost 39.21 points, or 35.86%, in 13 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (74.82) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See FTNT medium-term trend chart]
A medium-term uptrend had started on January 20, 2026 at 73.55 and reached 88.60 on February 12, 2026. FTNT gained -15.05 points, or -20.46%, in 3 weeks. The price is now at the 47.84% retracement level.

Weekly Technical Indicators: [See FTNT weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since January 23, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See FTNT short-term trend chart]
A short-term uptrend had started on February 24, 2026 at 74.31 and reached 86.42 on March 17, 2026. FTNT gained -12.11 points, or -16.30%, in 21 days. The price is now at the 41.45% retracement level.

Daily Technical Indicators: [See FTNT daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.09
Williams' Percentage Range (W%R) 28.60
Lane's Stochastic (%D-Slow) 38.14
Greed/Fear Indicator (GFI) 55.89
Moving Average Converg./Diverg. (MACD) 0.66
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.88
Williams' Percentage Range (W%R) 37.50
Lane's Stochastic (%D-Slow) 54.04
Greed/Fear Indicator (GFI) 55.45
Moving Average Converg./Diverg. (MACD) -2.30
Trading Signals
Description Value Chart
Upper Bollinger Band 88.27
Parabolic System 86.51
Daily Stochastic Crossing 82.09
Weekly Stochastic Crossing 81.98
20 Day Moving Average 81.62
Price 81.40
50 Day Moving Average 81.03
Lower Bollinger Band 76.63
Monthly Trendline Support 74.82
Monthly Trendline Resistance 71.48
Sector and Industry
Description Name Rank
Sector Information Technology 3
Industry Systems Software 51
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 74.31
Low Date 02/24/2026
High 86.42
High Date 03/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 73.55
Low Date 01/20/2026
High 88.60
High Date 02/12/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 71.48
Support 74.82
High 109.33
High Date 05/05/2025
Low 70.12
Low Date 08/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 114.80
High Date 02/18/2025
Low 70.12
Low Date 08/07/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 44.15
Low Date 11/03/2023
High 114.80
High Date 02/18/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.