We assign a technical rating of 3 out of 10 to FTNT. Recently some decent action could be observed, but in the medium term time frame this is still negative. FTNT was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, FTNT is a bad performer in the overall market: 81% of all stocks are doing better.
- FTNT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- FTNT has an average volume of 5787690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- FTNT is part of the Software industry. There are 278 other stocks in this industry, FTNT did better than 65% of them.
- In the last month FTNT has a been trading in the 73.55 - 85.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FTNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
73.65
When analyzing the support we notice one important area.
- A support zone ranging from 74.39 to 74.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @85.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 86.92 to 87.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @96.69 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for FTNT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTNT is up. |
| ChartMill Relative Strength | 19.78 | NEGATIVE | FTNT has a low relative strength, it was outperformed by 80.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FTNT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.39 | NEUTRAL | The RSI value for FTNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests FTNT has a positive trend. |
| Stochastics (14,3) | 75.91 | NEUTRAL | The Stochastics value for FTNT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for FTNT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.89 | POSITIVE | The high ADX value value for FTNT suggests a strong trend. |
NASDAQ:FTNT (1/29/2026, 10:44:07 AM)
80.2
-1.88 (-2.29%)
FORTINET INC / FTNT FAQ
What is the ChartMill technical rating of FORTINET INC (FTNT) stock?
ChartMill assigns a technical rating of 4 / 10 to FTNT.
What is the current trend direction of FORTINET INC (FTNT) stock?
The current trend direction for FORTINET INC (FTNT) is Bearish.
What is the RSI signal for FORTINET INC (FTNT) stock?
FORTINET INC (FTNT) has an RSI value of 58.3893. This indicates that the stock is currently neutral.
What is the short term momentum for FORTINET INC (FTNT) stock?
The short term momentum for FORTINET INC (FTNT) is positive.
What is the buy/sell signal for FTNT stock?
The buy/sell signal for FORTINET INC (FTNT) is hold as the short term and long term trends are mixed.