Is Fortinet, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for Fortinet, Inc. has changed from sideways to mildly bullish. The weekly MACD and KST indicators are both mildly bullish, while the RSI is bullish, indicating positive momentum. However, the monthly MACD and Dow Theory are mildly bearish, suggesting some caution. The daily moving averages are mildly bearish, which contrasts with the overall weekly indicators.
In terms of performance, Fortinet has underperformed the S&P 500 year-to-date and over the past year, with returns of -8.52% and 9.88% respectively, compared to the S&P 500's 16.30% and 19.89%. Over longer periods, Fortinet shows stronger performance, particularly over the 5-year period with a return of 291.55% versus the S&P 500's 109.18%.

Overall, the current stance is mildly bullish, driven by the positive weekly indicators, but tempered by mixed signals from the monthly data and daily moving averages.