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Systems Software Industry Stocks Technical Analysis - FTNTArchive
- 6/18/2026 -
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Fortinet (FTNT) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Fortinet (FTNT). During the week, the FTNT dropped -1.57 points, or -1.07%, and closed at 144.73 on Thursday, June 18, 2026. It was the worst weekly loss since April 10, 2026. Weekly volume was 46% above average.
FTNT is a member of Information Technology Sector. Information Technology is the most overbought 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 uptrend had started on August 7, 2025 at 70.12 and reached 150.07 on June 4, 2026. FTNT gained -79.95 points, or -114.02%, in 43 weeks. The chart has formed a Rectangle chart pattern. The uptrend resistance line (75.42) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 150.07 on June 4, 2026. FTNT gained -76.52 points, or -104.04%, in 19 weeks. The chart has formed a Rectangle chart pattern. The uptrend resistance line (77.33) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 149.50 on June 15, 2026. FTNT gained -16.45 points, or -12.36%, in 6 days. The price is now at the 29.00% 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 June 8, 2026.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
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