|
|
Archive
- 1/30/2026 -
Sign In to see current Signals. |
Fortinet (FTNT) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Fortinet (FTNT). During the week, the FTNT gave back -0.38 points, or -0.47%, and closed at 81.26 on Friday, January 30, 2026. FTNT was trading at average weekly trading volume.
FTNT is a member of Information Technology Sector. Information Technology is the second most oversold sector. FTNT is a member of Systems Software Industry. Systems Software is the seventh most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See FTNT long-term trend chart]
A long-term downtrend had started on February 18, 2025 at 114.80 and reached 70.12 on August 7, 2025. FTNT lost 44.68 points, or 38.92%, in 24 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See FTNT medium-term trend chart]
A medium-term downtrend had started on November 3, 2025 at 87.66 and reached 73.55 on January 20, 2026. FTNT lost 14.11 points, or 16.10%, in 11 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 73.54 and resistance is at 86.09. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See FTNT weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 January 20, 2026 at 73.55 and reached 85.06 on January 23, 2026. FTNT gained -11.51 points, or -15.65%, in 3 days. The price is now at the 33.01% retracement level.
Daily Technical Indicators: [See FTNT daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since January 22, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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.
| |
|
|