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Is FTNT ready to move higher? Hammer Candlestick shows up after rising 1.81%

SwingTradeBot Nightly Stock Scan: Fortinet, Inc. (FTNT) — Technical Patterns & Alerts · Aug 21, 2026, 17:34 ET
FTNT closed up 1.81% on Friday, August 21st, with volume running 0.7× below average. Mixed technical signals appeared with Hammer Candlestick suggesting upside potential, while New Downtrend and MACD Bearish Centerline Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 149.82, 146.12 & 143.97, with resistance at 155.67, 157.82 & 161.52. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of FTNT: A

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Fortinet, Inc. (FTNT)