FORTINET INC (1FTNT.MI) Stock Technical Analysis
BIT:1FTNT - US34959E1091 - Common Stock
Overall 1FTNT gets a technical rating of 3 out of 10. In the last year, 1FTNT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
1FTNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 68.12. Right above this resistance zone may be a good entry point.
More info and screens
64.32
When analyzing the support we notice one important area.
- A support zone ranging from 64.97 to 64.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.12 to 68.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1FTNT.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1FTNT.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1FTNT.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 28.33 | OVERSOLD | The low RSI value suggests 1FTNT.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests 1FTNT.MI has a negative trend. |
| Average Directional Index/ADX (14) | 40.77 | POSITIVE | The high ADX value value for 1FTNT.MI suggests a strong trend. |
BIT:1FTNT (9/11/2025, 7:00:00 PM)
68.11
+0.07 (+0.1%)