August 22, 2025 a 01:15 pm
FTNT: Trend and Support & Resistance Analysis - Fortinet, Inc.
Fortinet, Inc. has shown significant price volatility over recent months, primarily driven by external market factors and internal company developments. Notable moves include a peak in late February 2025 followed by a substantial downtrend into August. Current technical indicators signal potential opportunities for traders, as recent price actions suggest a change in momentum is possible.
Trend Analysis
| Date | Closing Price | Trend |
|---|---|---|
| 2025-08-21 | $77.75 | ▼ Downtrend |
| 2025-08-20 | $79.61 | ▼ Downtrend |
| 2025-08-19 | $78.09 | ▼ Downtrend |
| 2025-08-18 | $80.76 | ▲ Uptrend |
| 2025-08-15 | $79.11 | ▼ Downtrend |
| 2025-08-14 | $77.25 | ▼ Downtrend |
| 2025-08-13 | $79.33 | ⚖️ Sideways Trend |
The recent EMA calculations show a prevailing downtrend as EMA20 < EMA50, indicative of sustained downward pressure.
Support and Resistance
| Zone Type | From | To |
|---|---|---|
| Support Zone 1 | $73.00 | $75.00 |
| Support Zone 2 | $89.00 | $91.00 |
| Resistance Zone 1 | $95.00 | $97.00 |
| Resistance Zone 2 | $101.00 | $103.00 |
The current price is within a support zone, suggesting potential buying interest and price stabilization.
Conclusion
Fortinet, Inc.'s share price is exhibiting downward pressures, with its EMA analysis confirming a bearish trend. Support zones offer potential for a price rebound, but traders should cautiously evaluate market conditions. Resistance zones define areas where bullish momentum may face challenges. Long-term prospects remain promising due to Fortinet’s comprehensive cybersecurity solutions, but short-term fluctuations warrant careful scrutiny by investors.