FORTINET INC (1FTNT.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:1FTNT • US34959E1091
Overall 1FTNT gets a technical rating of 4 out of 10. In the last year, 1FTNT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, 1FTNT is a bad performer in the overall market: 100% of all stocks are doing better.
- 1FTNT is part of the Software industry. There are 115 other stocks in this industry, of which 75% are performing better than 1FTNT.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month 1FTNT has a been trading in the 61.44 - 75.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
1FTNT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
62.48
When analyzing the support we notice one important area.
- Support @63.11 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @72.94 from a horizontal line in the weekly time frame.
- Resistance @74.36 from a horizontal line in the daily time frame.
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. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1FTNT.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 44.13 | NEUTRAL | The RSI value for 1FTNT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.85 | NEGATIVE | The MACD value suggests 1FTNT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.16 | NEUTRAL | The Stochastics value for 1FTNT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for 1FTNT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.84 | POSITIVE | The high ADX value value for 1FTNT.MI suggests a strong trend. |
BIT:1FTNT (1/26/2026, 7:00:00 PM)
69.22
+6.11 (+9.68%)
FORTINET INC / 1FTNT.MI FAQ
What is the technical rating for 1FTNT stock?
ChartMill assigns a technical rating of 4 / 10 to 1FTNT.MI.
What is the current trend direction of FORTINET INC (1FTNT.MI) stock?
The current trend direction for FORTINET INC (1FTNT.MI) is Bullish.
Can you provide the RSI signal for FORTINET INC?
FORTINET INC (1FTNT.MI) has an RSI value of 44.1323. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FORTINET INC?
The MACD indicator for FORTINET INC (1FTNT.MI) has a value of -2.85399, indicating a bearish trend.
Can you provide the support and resistance levels for FORTINET INC?
FORTINET INC (1FTNT.MI) has a support level at 63.11 and a resistance level at 72.94. Check the full technical report for our detailed analysis of 1FTNT.MI support and resistance levels.