Is Fortinet, Inc. technically bullish or bearish?

Sep 20 2025 07:34 PM IST
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As of September 9, 2025, Fortinet, Inc. shows a mildly bearish trend due to a bearish MACD and moving average, despite a bullish weekly RSI, underperforming the S&P 500 year-to-date with a return of -14.28%.
As of 9 September 2025, the technical trend for Fortinet, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a bearish MACD on the weekly timeframe and a bearish moving average on the daily timeframe. The weekly RSI is bullish, indicating some strength, but the overall sentiment is tempered by the mildly bearish Bollinger Bands and KST. Dow Theory suggests a mildly bullish outlook on the weekly, but with no trend on the monthly.
In terms of performance, Fortinet has underperformed the S&P 500 year-to-date with a return of -14.28% compared to the S&P's 12.22%, although it has outperformed over the 1-year and 5-year periods.
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