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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.

NASDAQ_FTNT
Open High Low FTNT Price Change
95.990 96.088 93.880 94.180 +0.130
Entry Signal

MarketClub’s Trade Triangles for FTNT

long term up The long-term trend has been UP since Aug 7th, 2024 at 65.26

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 93.21

short term up 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).

-55
Smart Scan Analysis for FTNT
Strong Downtrend Sideways 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 High94.37Year High Date2018-10-01
Year Low43.48Year Low Date2018-01-10
52wk High10152wk High Date2025-01-06
52wk Low54.5752wk Low Date2024-08-05
Year End Close21.02Average Volume4,135,896
Shares Outstanding766,453Short Interest2,932,304
% Institutional72Market Cap13,653M
Assets885,200,000MLiabilities794,390,000M
P/E Ratio47.2613Beta1.81
Volatility60.99
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