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Archive
- 7/2/2026 -
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Fortinet (FTNT) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second consecutive positive week for the Fortinet (FTNT). During the week, the FTNT gained 4.90 points, or 3.24%, and closed at 156.25 on Thursday, July 2, 2026. Weekly volume was -11% below average.
 Long-term trend: [See FTNT long-term trend chart]
A long-term uptrend had started on August 7, 2025 at 70.12 and reached 159.80 on July 1, 2026. FTNT gained -89.68 points, or -127.90%, in 46 weeks. The chart has formed a Rectangle chart pattern. The uptrend resistance line (75.55) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 159.80 on July 1, 2026. FTNT gained -86.25 points, or -117.27%, in 23 weeks. The chart has formed a Rectangle chart pattern. The uptrend resistance line (77.56) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.
 Weekly Technical Indicators: [See FTNT weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
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 near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 June 9, 2026 at 133.05 and reached 159.80 on July 1, 2026. FTNT gained -26.75 points, or -20.11%, in 22 days. The price is now at the 13.27% retracement level.
 Daily Technical Indicators: [See FTNT daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range.
The daily MACD line is below its signal line since June 8, 2026. The distance between MACD and the signal line is low and getting smaller.
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