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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.
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MarketClub’s Trade Triangles for FTNT
The long-term trend has been UP since Feb 8th, 2023 at 58.29
The intermediate-term trend has been UP since Mar 17th, 2023 at 62.08
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).
| 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 High | 94.37 | Year High Date | 2018-10-01 |
| Year Low | 43.48 | Year Low Date | 2018-01-10 |
| 52wk High | 71.516 | 52wk High Date | 2022-04-21 |
| 52wk Low | 42.6101 | 52wk Low Date | 2022-11-03 |
| Year End Close | 21.02 | Average Volume | 4,207,138 |
| Shares Outstanding | 784,066 | Short Interest | 2,932,304 |
| % Institutional | 72 | Market Cap | 13,653M |
| Assets | 622,800,000M | Liabilities | 650,960,000M |
| P/E Ratio | 59.6698 | Beta | 1.81 |
| Volatility | 60.99 |