Fortinet Stock Technical Analysis
| FTNT Stock | USD 82.76 3.83 4.85% |
As of the 9th of February, Fortinet shows the Variance of 3.76, standard deviation of 1.94, and Mean Deviation of 1.46. Fortinet technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Fortinet Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fortinet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FortinetFortinet's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Fortinet Analyst Consensus
| Target Price | Consensus | # of Analysts | |
| 89.3 | Buy | 45 | Odds |
Most Fortinet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Fortinet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Fortinet, talking to its executives and customers, or listening to Fortinet conference calls.
Is there potential for Systems Software market expansion? Will Fortinet introduce new products? Factors like these will boost the valuation of Fortinet. Market participants price Fortinet higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about Fortinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.001 | Earnings Share 2.42 | Revenue Per Share | Quarterly Revenue Growth 0.148 | Return On Assets |
Understanding Fortinet requires distinguishing between market price and book value, where the latter reflects Fortinet's accounting equity. The concept of intrinsic value - what Fortinet's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Fortinet's price substantially above or below its fundamental value.
Please note, there is a significant difference between Fortinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Fortinet's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
Fortinet 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fortinet's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fortinet.
| 11/11/2025 |
| 02/09/2026 |
If you would invest 0.00 in Fortinet on November 11, 2025 and sell it all today you would earn a total of 0.00 from holding Fortinet or generate 0.0% return on investment in Fortinet over 90 days. Fortinet is related to or competes with CoreWeave, Motorola Solutions, Autodesk, Infosys, Synopsys, TE Connectivity, and Workday. Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle Eas... More
Fortinet Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fortinet's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fortinet upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.88 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.47 |
Fortinet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortinet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortinet's standard deviation. In reality, there are many statistical measures that can use Fortinet historical prices to predict the future Fortinet's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.08) |
Fortinet February 9, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 1.46 | |||
| Coefficient Of Variation | (2,931) | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.76 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 7.88 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.47 | |||
| Skewness | (0.21) | |||
| Kurtosis | 1.45 |
Fortinet Backtested Returns
Fortinet secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. Fortinet exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fortinet's Variance of 3.76, mean deviation of 1.46, and Standard Deviation of 1.94 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.93, which means possible diversification benefits within a given portfolio. Fortinet returns are very sensitive to returns on the market. As the market goes up or down, Fortinet is expected to follow. At this point, Fortinet has a negative expected return of -0.0021%. Please make sure to confirm Fortinet's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Fortinet performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Fortinet has very weak reverse predictability. Overlapping area represents the amount of predictability between Fortinet time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fortinet price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Fortinet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 5.05 |
Fortinet technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Fortinet Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Fortinet volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Fortinet Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Fortinet on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Fortinet based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Fortinet price pattern first instead of the macroeconomic environment surrounding Fortinet. By analyzing Fortinet's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Fortinet's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Fortinet specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2025 | 2026 (projected) | Payables Turnover | 6.06 | 5.76 | 6.36 | Days Of Inventory On Hand | 143.03 | 109.73 | 69.31 |
Fortinet February 9, 2026 Technical Indicators
Most technical analysis of Fortinet help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Fortinet from various momentum indicators to cycle indicators. When you analyze Fortinet charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 1.46 | |||
| Coefficient Of Variation | (2,931) | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.76 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 7.88 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.47 | |||
| Skewness | (0.21) | |||
| Kurtosis | 1.45 |
Fortinet February 9, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Fortinet stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.07 | ||
| Daily Balance Of Power | 0.61 | ||
| Rate Of Daily Change | 1.05 | ||
| Day Median Price | 80.40 | ||
| Day Typical Price | 81.18 | ||
| Price Action Indicator | 4.28 | ||
| Market Facilitation Index | 6.25 |
Additional Tools for Fortinet Stock Analysis
When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.