FTNT Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

A- BULL Technology · Cybersecurity

FTNT is currently showing a bullish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $191.38, currently 0.95% away. This pattern has shown a 2.6x profit factor across 18 backtested trades.

Current Setup

Close$189.57 -0.90%
Breakout Level$191.38
Distance to Level0.95%
RVOL0.7×
Pressure70
PatternChannel

Trade Plan

Entry$191.91
Stop$190.65
TP1$193.17
TP2$194.43
TP3$195.69

Chart

FTNT breakout scanner chart

Backtest Performance

Win Rate
72%
Profit Factor
2.60x
Avg R
+0.44R
Trades
18
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Aug 4 BULL A $165.18 $163.48 $166.87 $166.87 WIN +0.99R 2
Jul 28 BEAR A- $150.95 $151.92 $149.98 $149.98 WIN +1.00R 2
Jul 14 BULL A- $162.49 $161.02 $163.96 $163.96 WIN +1.00R 2
Jun 23 BULL A- $148.04 $146.86 $149.23 $146.86 LOSS -1.00R 6
Jun 22 BULL A- $147.89 $146.07 $149.70 $146.07 LOSS -1.00R 3
Jun 4 BULL A- $149.80 $148.46 $151.13 $148.46 LOSS -1.00R 6
Jun 4 BULL A- $149.08 $147.47 $150.69 $147.47 LOSS -1.00R 3
May 29 BULL A- $130.32 $129.35 $131.29 $131.29 WIN +1.00R 2
May 22 BULL A- $130.18 $129.00 $131.36 $131.36 WIN +1.00R 2
May 20 BULL A- $128.73 $127.42 $130.04 $130.04 WIN +1.00R 9
May 13 BULL A- $116.17 $115.26 $117.09 $117.09 WIN +1.01R 4
May 7 BULL A- $90.45 $89.56 $91.34 $91.34 WIN +1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-10-08 A- BULL $191.38 0.95% 70 —
2026-10-08 B+ BULL $191.38 1.00% 69 —
2026-10-08 A- BULL $191.38 0.73% 74 —
2026-10-08 A- BULL $191.38 0.15% 61 —
2026-10-08 A- BULL $191.38 0.43% 68 —
2026-10-08 A- BULL $191.38 0.82% 73 —
2026-10-08 B+ BULL $191.38 1.12% 69 —
2026-10-08 A- BULL $190.90 0.65% 79 —
2026-10-08 B+ BULL $190.90 0.88% 76 —
2026-10-08 A- BULL $190.90 0.38% 75 —

Bot Activity

DateSideResultRExit
2026-09-24 BULL — — —
2026-06-04 BULL — — Entry cutoff — past 15:45pm ET (grade A-)
2026-06-04 BULL -19.88% -0.20 Stop loss $147.47

Other Active Breakout Setups

Earnings

Next Report2026-10-28 · After Market Close

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