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.
MarketClub’s Trade Triangles for FTNT
The long-term trend has been DOWN since Mar 6th, 2020 at 98.0900
The intermediate-term trend has been UP since Mar 31st, 2020 at 102.5699
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).
|Year High||94.37||Year High Date||2018-10-01|
|Year Low||43.48||Year Low Date||2018-01-10|
|52wk High||121.82||52wk High Date||2020-02-06|
|52wk Low||68.87||52wk Low Date||2019-06-03|
|Year End Close||21.02||Average Volume||3,126,689|
|Shares Outstanding||172,515||Short Interest||2,932,304|
|% Institutional||72||Market Cap||13,653M|