Stand aside — setup invalidated
Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
FTNT · Fortinet, Inc.
$158.85 +1.04% Sep 10 close
1 independent risk warning also present. Review before relying on the bullish setup.
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$FTNT
Fortinet, Inc.Fortinet, Inc. is a large-cap Information Technology Services company in the Technology Services sector with a market cap of $117B.
⚠ Risk Signals
Rising Wedge
prior_advance=43.9%, converging=yes, narrowing=58%, touches=upper:3/lower:3, trigger=no
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Historical verdict · setup score 0/100 · data Sep 10 close · 1 session old
Stand aside — setup invalidated
Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.
Earnings
Normal technical setup
No sourced report date
Event risk is not modelled for this symbol
Deterministic evidence
FTNT+1.04%
Sector proxy · XLK-1.41%
Broad market · SPY-0.60%
Session internals Mixed
Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.
Vs prior close+1.04%
From the open+2.19%
Range position61%
GapNo gap
QQQ confirmationDiverging (-1.06%)
SMH confirmationDiverging (-2.44%)
Short-term conviction -1 points.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
- QQQ, SMH moved against the stock — no index confirmation.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$73.55
Tight Wks
0
Base
B1
SMA 200
$111.23
RS Line vs High
-8.0%
RS Line Slope
-1.0% ▼
Group Rank
#21/58
ADR%
4.1%
ATR(14)
$7.17 (4.5%)
Vol Pace (live)
N/A
U/D Vol
1.04
A/D Days
20A / 13D
A/D Rating
A+
VDU Bars
0/10 d
FTNT Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$FTNT · $158.85 · as of 2026-09-10 · multi-factor read
73
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▲ Uptrend
Monthly
▬ Sideways / consolidating
Moving Averages
50-day$159.04 ↓
100-day$141.45 ↑
200-day$111.23 ↑
Bullish (50 > 200)
RSI (14)
Reading50.4 · Neutral
Neutral — momentum is balanced between buyers and sellers.
MACD (12/26/9)
StateWeakening
Histogram-0.452
Weakening — MACD slipped below its signal line. Histogram expanding.
Bollinger Bands (20,2)
%B / Width51% · 15.2%
Mid-band — no directional band edge in play.
Volume · Buyer vs Seller
Up/Down vol1.04 · Neutral
Rel volume0.68×
Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.
Support & Resistance
R · $171.22swing level
R · $173.8952-week high
Price · $158.85now
S · $152.25swing level
S · $148.25swing level
S · $143.77swing level
Fibonacci · Uptrend swing
23.6%$150.79
38.2%$136.50
50.0%$124.95
61.8%$113.40
78.6%$96.96
Retracement support zones measured from the recent swing low up to the high.
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Weekly uptrendAbove 200-day MA50/200 bullishRS 92 (leader)
Want this read in a legend's voice?
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
4 of 6 legends are Watching — building, not yet a confirmed buy.
Avoid
Minervini B
Trend-template read: fails Price > 50-day MA.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $157.22, MA150 $120.98, MA200 $110.83
1.2 150-day MA > 200-day MAMA150 $120.98 vs MA200 $110.83
Failing evidence
1.5 Price > 50-day MAPrice $157.22 vs MA50 $158.94
2. Revenue growth ≥ 20% YoY+14.2% YoY
Avoid
O'Neil D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 92
N: Near 52-week high or RS line new high9.6% below high | RS line new high: False
Failing evidence
C: Quarterly EPS acceleration ≥ 25%Data unavailable
A: Annual earnings & revenue qualityRev +14.2%
Watch
Weinstein C
Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $157.22 vs MA200 $110.83
Failing evidence
Volume expansion above averageVolume ratio 0.58x
30-week MA trending upwardData unavailable
Watch
Livermore B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$157.22
Relative strengthRS 92
Failing evidence
Volume vs average0.58x
Pivotal point cleared on expanding volumeNot confirmed
Watch
Darvas B
Box-theory read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$157.22
Relative strengthRS 92
Failing evidence
Volume vs average0.58x
Box top broken on heavy volumeNot confirmed
Watch
Wyckoff B
Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$157.22
Relative strengthRS 92
Failing evidence
Volume vs average0.58x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
Latest candle: Bullish Engulfing — Today's up candle fully engulfs yesterday's down candle — a classic bullish reversal, strongest after a pullback to support.
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▼ Falling
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +10
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C
3/7 criteria
Separate score from the Minervini Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
—
Revenue growth ≥20% YoY
+14%
Gross margin ≥30%
—
ROE ≥17%
—
RS rating ≥80 (leadership)
92
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-8.6%
Method Playbook
Trade it like Livermore
EXACT LEVELS · PRO
Livermore B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Treat the resistance break as a pivotal point only while the primary trend and relative strength remain aligned.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Wait for price and volume to confirm the pivotal-point break; anticipation below the line is not confirmation.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Place the initial stop below the pivotal line or the reaction low that would prove the breakout false.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Raise protection beneath successive higher reaction lows as the trend advances; never move a protective line farther away.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit when price fails the pivotal line, breaks the latest meaningful reaction low, or shows abnormal reversal action.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis (historical)
0
setup score
RS Score
92
Trend template
7/8
Why This Setup?
watchlist_candidate · schematic
Near-miss 7/8 — needs: price above sma50
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
2/7
universals met
- Risk is defined — not met No stop — undefined risk
- Asymmetric reward — partly met No target set
- Clear of earnings — partly met Report date unknown
- Not chasing (in range) — partly met Pivot distance unknown
- Volume confirms — partly met 0.7× average — light
- A relative-strength leader — met RS rank 90
- In a confirmed uptrend — met Stage 2 · Trend template 7/8
Minervini Trend Template
7/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$158.85 vs SMA150 $121.50 / SMA200 $111.23
SMA 150 above SMA 200
SMA150 $121.50 vs SMA200 $111.23
SMA 200 trending up
Slope +7.54 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $159.04
Price above SMA 50
$158.85 vs SMA50 $159.04
30%+ above 52-week low
+116.0% from $73.55
Within 25% of 52-week high
-8.6% from $173.89
RS score above 70
RS 92
Fundamentals
52W Range
85%
Mkt Cap SEC
116.6B
Rev YoY
+14%
EPS TTM
$2.42
P/E TTM
65.6x
Float
734M
Company
Company profile
Fortinet, Inc.
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