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 also bullish on the weekly timeframe. However, the monthly MACD and moving averages indicate a mildly bearish stance. The Bollinger Bands show a mixed signal with a mildly bearish weekly and bullish monthly outlook. Overall, the Dow Theory supports a mildly bullish view on the weekly basis but is mildly bearish monthly.
In terms of performance, Fortinet has outperformed the S&P 500 over the past week and month, but it lags behind on a year-to-date basis and over the past year. The stock has returned 11.07% over the past year compared to the S&P 500's 19.89%. However, over the longer term, Fortinet has significantly outperformed the benchmark with a 289.29% return over the past five and ten years.

In summary, the current technical stance is mildly bullish, driven by strong weekly indicators despite some bearish signals on the monthly timeframe.