The Greedy Trader Weekly Analysis
Sign In Feb 13, 2026
Skip Navigation Links
Share
Number of records: 1
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Systems Software Industry Stocks Technical Analysis - FTNT

Archive
- 2/6/2026 -
Sign In to see current Signals.

Fortinet (FTNT) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorOversold industry
Daily :The price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a first positive week for the Fortinet (FTNT). During the week, the FTNT gained 1.50 points, or 1.85%, and closed at 82.76 on Friday, February 6, 2026. Weekly volume was 76% above average.

FTNT is a member of Information Technology Sector. Information Technology is the second most oversold sector. FTNT is a member of Systems Software Industry. Systems Software is the sixth most oversold industry. 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 February 18, 2025 at 114.80 and reached 70.12 on August 7, 2025. FTNT lost 44.68 points, or 38.92%, in 24 weeks. The price is now at the 28.29% retracement level.

Medium-term trend: [See FTNT medium-term trend chart]
A medium-term downtrend had started on November 3, 2025 at 87.66 and reached 73.55 on January 20, 2026. FTNT lost 14.11 points, or 16.10%, in 11 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 73.41 and resistance is at 85.96. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern 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. The distance between MACD and the signal line is low, but getting bigger. 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 January 20, 2026 at 73.55 and reached 85.06 on January 23, 2026. FTNT gained -11.51 points, or -15.65%, in 3 days. The price is now at the 19.98% retracement level.

Daily Technical Indicators: [See FTNT daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since January 22, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.36
Williams' Percentage Range (W%R) 28.30
Lane's Stochastic (%D-Slow) 50.09
Greed/Fear Indicator (GFI) 63.37
Moving Average Converg./Diverg. (MACD) 0.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.60
Williams' Percentage Range (W%R) 41.50
Lane's Stochastic (%D-Slow) 36.23
Greed/Fear Indicator (GFI) 48.36
Moving Average Converg./Diverg. (MACD) -3.21
Trading Signals
Description Value Chart
Weekly Trendline Resistance 85.96
Upper Bollinger Band 85.17
Price 82.76
50 Day Moving Average 80.49
Daily Stochastic Crossing 80.19
20 Day Moving Average 79.39
Weekly Stochastic Crossing 78.02
Parabolic System 77.71
Lower Bollinger Band 75.15
Weekly Trendline Support 73.41
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry Systems Software 6
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 73.55
Low Date 01/20/2026
High 85.06
High Date 01/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 85.96
Support 73.41
High 87.66
High Date 11/03/2025
Low 73.55
Low Date 01/20/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 109.33
High Date 05/05/2025
Low 70.12
Low Date 08/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 114.80
High Date 02/18/2025
Low 70.12
Low Date 08/07/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 44.15
Low Date 11/03/2023
High 114.80
High Date 02/18/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.