Fortinet, Inc. (FTNT)
NASDAQ • Technology
February 17, 2026 at 21:00 UTC
Name
CEO
Website
Industry
Year Founded
Employees
Fortinet, Inc. is a cybersecurity company that sells network and endpoint protection with support and cloud delivery options. The business is organized around a platform and a recurring services model, with hardware and software releases scheduled to preserve policy continuity for enterprise customers. Sales combine direct coverage with partners that handle design and deployment under certification rules. Reporting separates product from service revenue to clarify renewal dynamics and margin structure. The operating approach stresses documented update cadences, telemetry handling, and administrative controls that align with audit requirements in regulated sectors. International subsidiaries adapt terms to local laws, but development and support follow a common standard so outcomes are comparable across regions.
TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.
Fortinet, Inc.'s Technical Indicators Summary
FTNT is currently experiencing a bearish trend, reflected in its position well below all key moving averages, including the 200-day SMA near 90, signaling sustained downward pressure. Momentum indicators like the MACD and CCI reinforce this weakness, with both suggesting selling momentum despite the RSI hovering near oversold levels. The ADX value indicates a moderately strong trend, favoring bears, while volume analysis via OBV also points to selling pressure. Although the Bollinger Bands suggest a potential buy signal near the lower band, overall technicals favor caution. The absence of VWAP data leaves a gap in intraday context, but the prevailing signals support a continued bearish outlook.
| Indicator | Value |
|---|---|
RSI (14) | 34.22 |
Stochastic %K (14, 3, 3) | 7.23 |
CCI (20) | -182.59 |
WPR (14) | -96.54 |
Momentum (10) | -2.50 |
MFI | 36.45 |
MACD Level (12, 26) | -1.35 |
Bollinger Bands | $75.53 - $82.70 |
ATR (14) | $1.87 (2.48%) |
ADX (14) | 28.96 |
OBV | 29,117,500 |
Exponential Moving Averages | $77.65 - $89.69(5 indicators) |
Simple Moving Averages | $77.88 - $90.17(5 indicators) |
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The session closed with FTNT still feeling the impact of a large -4.523% gap down from yesterday, finishing at 81.69. By the close, the sector was essentially flat at 0.00%, leaving stock-specific drivers to dominate. FTNT's decline is driven by sector-wide impacts and specific news about sector peer FatPipe's growth initiatives.
Price Change
from $85.56 close
-$3.87
Trading Volume
Below avg (9.2M)
5.3M
vs S&P 500 Today
Strong Underperformance
-4.02%
52-Week Position
Lower range
25.9%
Updated: February 17, 2026 at 21:03 UTC
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