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Stock Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

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
62.82 63.25 62.02 62.95 -0.30
Entry Signal

MarketClub’s Trade Triangles for FTNT

long term up The long-term trend has been UP since Feb 8th, 2023 at 58.29

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2023 at 62.08

short term up The short-term trend has been UP since Mar 15th, 2023 at 61.09

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
62.82 63.25 62.02 62.95 -0.30
Prev. Close Volume Bid Ask Time
62.99 2823914 2023-03-24 15:59:42
Year High94.37Year High Date2018-10-01
Year Low43.48Year Low Date2018-01-10
52wk High71.51652wk High Date2022-04-21
52wk Low42.610152wk Low Date2022-11-03
Year End Close21.02Average Volume4,207,138
Shares Outstanding784,066Short Interest2,932,304
% Institutional72Market Cap13,653M
P/E Ratio59.6698Beta1.81
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