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FTNT Technical View

html lang="en"> FTNT Technical Analysis Infographic

Fortinet, Inc. (FTNT)

Technical Analysis Snapshot

As of September 28, 2025

Current Price

$84.32

+1.33%

Overall Trend

Sideways to Mildly Bullish

Consolidating after a ~50% recovery from mid-2025 lows.

Identified Patterns

Symmetrical Triangle Active

Forming Aug-Oct 2025. A neutral pattern suggesting a big move is coming. Statistically has a ~55% bullish resolution chance in uptrends.

Inverse Head & Shoulders Resolved

Completed in Jul 2025, confirming the bottom and projecting a target to ~$85 which has been met.

Key Support & Resistance Levels

Resistance (Price Ceiling)

$86-$88 (Immediate)
$90-$92

Support (Price Floor)

$82-$83 (Immediate)
$70
$78-$80

Indicator Signals

  • Bullish

    Price is above key moving averages (EMA20, SMA20).

  • Bullish

    Golden Cross (50-day over 200-day) remains intact.

  • Positive

    Volume declining in triangle pattern, typical for continuation.

  • Neutral

    RSI is likely neutral (~55-60), not overbought.

Breakout vs. Breakdown Potential

Breakout (60% Chance)

Target: $95 - $100

Confirm: Close above $88 on high volume.

Breakdown (40% Chance)

Target: $75

Confirm: Close below $82 on high volume.

Simple Strategy Ideas

  • Long Entry: Dip to $82-$83 or breakout > $88.
  • Stop-Loss: Below $80 to manage risk.
  • Targets: Initial profit at $90, scale out at $95.

Key Risks to Watch

  • Earnings Volatility: Report in late October.
  • Market Correlation: Vulnerable to broader tech selloffs.
  • Pattern Failure: Low volume could lead to false moves (whipsaw).

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