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Stock Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

Fortinet, Inc (NASDAQ:FTNT)

Weak Downtrend (-65) - FTNT is showing signs of a strengthening downtrend. Monitor FTNT as it may be building momentum to the downside.

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
126.00 126.38 124.07 124.15 -2.73
Entry Signal

MarketClub’s Trade Triangles for FTNT

long term up The long-term trend has been UP since May 7th, 2020 at 121.82

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2020 at 128.31

short term down The short-term trend has been DOWN since Aug 7th, 2020 at 136.20

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
126.00 126.38 124.07 124.15 -2.73
Prev. Close Volume Bid Ask Time
131.73 117438 2020-08-11 09:36:15
Year High94.37Year High Date2018-10-01
Year Low43.48Year Low Date2018-01-10
52wk High149.6952wk High Date2020-05-20
52wk Low70.252wk Low Date2020-03-16
Year End Close21.02Average Volume1,629,946
Shares Outstanding161,649Short Interest2,932,304
% Institutional72Market Cap13,653M
Assets320,620,000MLiabilities266,990,000M
P/E Ratio61.6Beta1.81
Volatility60.99
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