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Archive - 2/27/2026 - Sign In to see current Signals. |
Fortinet (FTNT) Technical Analysis
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| 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 dropped -0.97 points, or -1.21%, and closed at 79.03 on Friday, February 27, 2026. Weekly volume was 27% above average. FTNT is a member of Information Technology Sector. Information Technology is the second most oversold sector. 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 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 (74.37) 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 chart has formed a Rising Channel chart pattern. The uptrend support line (81.07) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.
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 and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See FTNT short-term trend chart] A short-term downtrend had started on February 12, 2026 at 88.60 and reached 74.31 on February 24, 2026. FTNT lost 14.29 points, or 16.13%, in 12 days. The price is now at the 33.03% retracement level.
Daily Technical Indicators: [See FTNT daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since February 17, 2026. This is an indication that the short-term trend is down.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Information Technology |
2 |
| Industry |
Systems Software |
11 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
88.60 |
| High Date |
02/12/2026 |
| Low |
74.31 |
| Low Date |
02/24/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Support |
| Resistance |
91.41 |
| Support |
81.07 |
| Low |
73.55 |
| Low Date |
01/20/2026 |
| High |
88.60 |
| High Date |
02/12/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Resistance |
| Resistance |
74.07 |
| Support |
74.37 |
| High |
109.33 |
| High Date |
05/05/2025 |
| Low |
70.12 |
| Low Date |
08/07/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
114.80 |
| High Date |
02/18/2025 |
| Low |
70.12 |
| Low Date |
08/07/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
44.15 |
| Low Date |
11/03/2023 |
| High |
114.80 |
| High Date |
02/18/2025 |
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