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Stock Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Fortinet, Inc (NASDAQ:FTNT)

Strong Uptrend (+100) - FTNT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FTNT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

Open High Low FTNT Price Change
209.00 212.67 208.29 211.87 +5.36
Entry Signal

MarketClub’s Trade Triangles for FTNT

long term up The long-term trend has been UP since Dec 17th, 2020 at 134.940

intermediate term up The intermediate-term trend has been UP since Nov 27th, 2020 at 122.960

short term up The short-term trend has been UP since Apr 30th, 2021 at 203.875

Smart Scan Analysis for FTNT

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

Smart Scan Analysis for FTNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
209.00 212.67 208.29 211.87 +5.36
Prev. Close Volume Bid Ask Time
211.77 699171 2021-05-07 15:59:51
Year High94.37Year High Date2018-10-01
Year Low43.48Year Low Date2018-01-10
52wk High211.7552wk High Date2021-05-05
52wk Low106.7552wk Low Date2020-10-30
Year End Close21.02Average Volume1,101,924
Shares Outstanding163,318Short Interest2,932,304
% Institutional72Market Cap13,653M
P/E Ratio70.0034Beta1.81
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