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Stock Trend Analysis Report
Prepared for you on Sunday, January 19, 2025.
Fortinet, Inc. (NASDAQ:FTNT)
Sidelines Mode (-55) - FTNT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FTNT?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTNT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FTNT
The long-term trend has been UP since Aug 7th, 2024 at 65.26
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 93.21
The short-term trend has been UP since Jan 16th, 2025 at 94.35
Smart Scan Analysis for FTNT
Based on our trend formula, FTNT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 95.990 | 96.088 | 93.880 | 94.180 | +0.130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 94.230 | 3021533 | 2025-01-17 15:59:42 |
| Year High | 94.37 | Year High Date | 2018-10-01 |
| Year Low | 43.48 | Year Low Date | 2018-01-10 |
| 52wk High | 101 | 52wk High Date | 2025-01-06 |
| 52wk Low | 54.57 | 52wk Low Date | 2024-08-05 |
| Year End Close | 21.02 | Average Volume | 4,135,896 |
| Shares Outstanding | 766,453 | Short Interest | 2,932,304 |
| % Institutional | 72 | Market Cap | 13,653M |
| Assets | 885,200,000M | Liabilities | 794,390,000M |
| P/E Ratio | 47.2613 | Beta | 1.81 |
| Volatility | 60.99 |