FTNT Stock Analysis: Fortinet, Inc.

Updated Nov 4, 2026, after the Nov 3 close. Nasdaq, Software - Infrastructure. Refreshed every trading day after the nightly scan.

$128.11 +1.51% Nov 3 close

The short answer

As of the Nov 3, 2026 close, QuantivFlow's Trend algo rates FTNT BUY on the short-term (daily) horizon, a stance it has held since Sep 17, 2026 at $172.58. The mid-term (weekly) and long-term (monthly) horizons read EXIT and BUY. The Rebound algo's Short term profile flagged a BUY on Oct 29, 2026 at $139.10, after the stock closed 20.0% below its 12-day average with a 2-day RSI of 3. The Patterns algo sees a head and shoulders on the daily chart that broke down on Nov 3, 2026 at $164.45, with a measured target about 18% lower. The daily RSI (14) is 25, and the price sits 24.8% under the 50-day average and 0.6% under the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)BUY
Mid term (weekly)EXIT
Long term (monthly)BUY

Daily BUY since Sep 17, 2026 at $172.58. Weekly EXIT since May 3, 2024 at $58.88. Monthly BUY since Jun 2026.

Rebound

buys sharp dips
Short termBUY
Mid termNo dip signal

Short term: BUY on Oct 29, 2026 at $139.10 (2-day RSI 3.2, close 20.0% below the 12-day average). The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily: Head and shouldersBREAKDOWN
Daily: Ascending channelINVALIDATED
Daily: Bull pennantINVALIDATED

The head and shoulders on the daily chart broke down on Nov 3, 2026 at $164.45, measured target 18.1% lower (about $134.69). The daily ascending channel that broke down on Oct 16, 2026 was invalidated on Oct 20, 2026. The daily bull pennant that broke out on Oct 6, 2026 was invalidated on Oct 10, 2026.

Daily indicators at the Nov 3 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)25.4oversold
MACD / signal-9.93 / -3.29below signal, falling
ADX (14)31.6trending
+DI / -DI12.6 / 48.9sellers lead
ATR (14)9.287.2% of price
Price levelsValuevs price
SMA 20171.66-25.4%
SMA 50170.32-24.8%
SMA 200128.90-0.6%
Bollinger (20, 2)129.44 to 213.89below the lower band
52-week range73.55 to 197.1344% of range
Volume6.0M1.1x the 20-day average

How the algos have done on FTNT

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (2.8y) Not enough closed trades on this stock yet (4 so far; 5 needed).
Trend, mid term (10y) Not enough closed trades on this stock yet (3 so far; 5 needed).
Trend, long term (17.0y) Not enough closed trades on this stock yet (1 so far; 5 needed).
Rebound, short term (2.7y)
75%win rate
+0.1%avg per trade
16closed trades
Rebound, mid term (10y)
100%win rate
+8.0%avg per trade
5closed trades
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (3 detected; 5 needed).

Recent signals on FTNT

DateAlgoHorizonSignalPriceNote
2026-11-03PatternsDaily Head and shoulders breakdown 164.45target -18.1%
2026-10-29ReboundShort term BUY 139.102-day RSI 3.2, open
2026-10-26ReboundShort term EXIT 183.33closed the BUY from Oct 14 at -0.4%
2026-10-16PatternsDaily Ascending channel breakdown 169.96target -17.0%, invalidated Oct 20
2026-10-14ReboundShort term BUY 184.052-day RSI 9.3
2026-10-06PatternsDaily Bull pennant breakout 184.41target +14.8%, invalidated Oct 10
2026-09-17TrendShort term BUY 172.58open
2026-09-08TrendShort term EXIT 157.47closed the BUY from $137.97 at +14.1%
2026-07-31ReboundShort term EXIT 161.95closed the BUY at +4.5%
2026-07-29ReboundShort term EXIT 153.22closed the BUY at -1.2%

The full FTNT analysis is in the QuantivFlow app

  • The head and shoulders drawn on the chart, with its $134.69 target
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on FTNT: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

Free on the App Store and Google Play. Not installed? The button takes you to the store.

Questions about FTNT

Is FTNT in an uptrend right now?

On daily and monthly candles, yes; not on the others. The daily horizon is BUY since Sep 17, 2026. The weekly horizon is EXIT since May 3, 2024. The monthly horizon is BUY since June 2026. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is FTNT oversold?

Yes, by the classic RSI reading. The daily RSI (14) closed at 25.4; the classic oversold line is 30. On the shorter scale the Rebound algo uses, the 2-day RSI fell to 3 on Oct 29, 2026 and the stock closed 20.0% under its 12-day average, which is what triggered its BUY.

What chart pattern is FTNT forming?

The head and shoulders on the daily chart broke down on Nov 3, 2026 at $164.45, measured target 18.1% lower (about $134.69). The daily ascending channel that broke down on Oct 16, 2026 was invalidated on Oct 20, 2026. The daily bull pennant that broke out on Oct 6, 2026 was invalidated on Oct 10, 2026.

Where is FTNT's 200-day moving average?

$128.90 at the Nov 3, 2026 close, with the stock at $128.11, 0.6% below it. The 50-day average is $170.32, 24.8% above the price.

Is FTNT a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is BUY on the daily horizon, Rebound sees a dip worth buying for a short bounce, Patterns sees a head and shoulders that broke down with a target 18% lower. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other technology stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 3, 2026 close. Page updated Nov 4, 2026 04:00 UTC. Machine-readable version: quantivflow.com/stocks/FTNT.json