FortinetFTNT

Fortinet (FTNT) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for FTNT · data as of Sep 2, 2026. The chart above is live; the read below updates daily.

$154.54last close · Sep 2, 202652-week range $73.55 – $173.89 · 11.13% below the high

FTNT rising wedge pattern

FTNT is currently forming a rising wedge on the daily timeframe. Detected Sep 2, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $142.67 (−13.9%).

DirectionBearishTarget$142.67Projected move−13.9%Breakout level$160.96

New to this pattern? What a rising wedge is and how to trade it →

FTNT's most recent rising wedge trade

FTNT's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on May 4, 2026 near $89.47, then reached its target at $137.80 on Jun 10, 2026 — a 54.0% move (+6.87R) over 26 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.

OutcomeWinResult+54.0%R+6.87REntry$89.47Exit$137.80

Learn about rising wedge

FTNT pattern trade history

Every completed pattern trade our nightly backtest found on FTNT's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising wedgeMay 4, 2026 @ $89.47Jun 10, 2026 @ $137.80Win+10.5% · +6.87R
TriangleApr 8, 2026 @ $86.13Apr 10, 2026 @ $80.52Loss+14.6% · -1.25R
Falling wedgeJan 23, 2026 @ $83.50Feb 4, 2026 @ $78.87Loss+5.1% · -0.53R
TriangleNov 6, 2025 @ $76.05Nov 6, 2025 @ $76.05Win+2.6% · +0.00R
Rising wedgeNov 6, 2025 @ $76.05Nov 6, 2025 @ $76.05Win+4.7% · +0.00R
TriangleJul 30, 2025 @ $102.60Aug 7, 2025 @ $89.45Win+12.8% · +3.02R
Rising wedgeJul 10, 2025 @ $100.78Aug 1, 2025 @ $98.15Win+2.6% · +0.33R
TriangleJul 1, 2025 @ $101.29Jul 3, 2025 @ $105.95Loss+7.9% · -1.00R
TriangleJun 30, 2025 @ $105.50Jul 2, 2025 @ $101.81Loss+12.0% · -1.44R
TriangleJun 30, 2025 @ $105.84Jul 2, 2025 @ $101.81Loss+2.4% · -1.39R
TriangleJun 18, 2025 @ $100.07Jun 24, 2025 @ $104.50Loss+25.9% · -1.00R
Rising wedgeJun 9, 2025 @ $103.33Jun 25, 2025 @ $105.20Loss+19.4% · -1.00R

Rising wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

FTNT support and resistance levels

A chance to go short showed up on the weekly chart about a week ago: price ran up to $159.52 — a level traders often watch as a target (200% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.

  • What it was aiming for: a drop toward support line around $122.00 below — the first place to look for a touch and take profit.
  • What would have called it off: a weekly close back above $159.52, where the turn lower would have failed.

FTNT recent daily prices

DateOpenHighLowClose
Sep 2, 2026$162.19$162.28$151.80$154.54
Sep 1, 2026$167.42$169.93$160.60$161.85
Aug 31, 2026$166.60$172.51$165.71$170.93
Aug 28, 2026$172.58$173.00$162.68$166.00
Aug 27, 2026$160.24$173.89$159.88$172.78
Aug 26, 2026$151.50$158.44$149.50$157.54
Aug 25, 2026$152.86$154.33$151.67$153.66
Aug 24, 2026$152.43$153.85$150.40$151.99
Aug 21, 2026$151.90$154.11$148.25$153.51
Aug 20, 2026$152.00$154.44$150.16$150.79

FTNT frequently asked questions

What chart pattern is FTNT forming right now?
As of Sep 2, 2026, TradingPal's detector identifies a rising wedge on Fortinet (FTNT) on the daily chart, with a measured-move target of $142.67.
Is a rising wedge bullish or bearish?
The rising wedge detected on FTNT is a bearish pattern, projecting a measured-move target of $142.67. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if FTNT's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $142.67 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was FTNT's closing price on Sep 2, 2026?
Fortinet (FTNT) last closed at $154.54 on Sep 2, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.