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Stock Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Fortinet, Inc (NASDAQ:FTNT)

Bull Market Weakness (+75) - FTNT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FTNT as it may be in the beginning stages of a reversal.

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.

NASDAQ_FTNT
Open High Low FTNT Price Change
104.290 108.605 102.010 107.871 +6.431
Entry Signal

MarketClub’s Trade Triangles for FTNT

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 98.0900

intermediate term up The intermediate-term trend has been UP since Mar 31st, 2020 at 102.5699

short term up The short-term trend has been UP since Mar 19th, 2020 at 82.1000

Smart Scan Analysis for FTNT

Based on our trend formula, FTNT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for FTNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.290 108.605 102.010 107.871 +6.431
Prev. Close Volume Bid Ask Time
100.950 2239425 2020-04-06 15:59:44
Year High94.37Year High Date2018-10-01
Year Low43.48Year Low Date2018-01-10
52wk High121.8252wk High Date2020-02-06
52wk Low68.8752wk Low Date2019-06-03
Year End Close21.02Average Volume3,126,689
Shares Outstanding172,515Short Interest2,932,304
% Institutional72Market Cap13,653M
Assets388,550,000MLiabilities256,360,000M
P/E Ratio54Beta1.81
Volatility60.99
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