Technical Analysis for FTNT - Fortinet, Inc.

Grade Last Price % Change Price Change
grade B 80.35 -1.71% -1.40
FTNT closed down 1.71 percent on Friday, August 23, 2019, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Down Down
See historical FTNT trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Outside Day Range Expansion 0.00%
20 DMA Resistance Bearish -1.71%
50 DMA Support Bullish -1.71%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.71%
Inside Day Range Contraction -1.71%

Older signals for FTNT ...

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Profile
Fortinet, Inc. provides network security solutions worldwide. It offers FortiGate physical and virtual appliances that provide a set of security and networking functions, including firewall, VPN, application control, antivirus, intrusion prevention, Web filtering, anti-spam, and WAN acceleration. The company also offers FortiManager product family, which enables customers to manage system configuration and security functions of multiple FortiGate devices from a centralized console; and the FortiAnalyzer product family, which enables the collection, analysis, and archiving of content and log data generated by its products. In addition, it offers FortiAP secure wireless access points; FortiWeb, which provides security for Web-based applications; FortiMail for multi-featured messaging security; FortiDB for centrally managed database-specific security; FortiClient, which provides endpoint security for desktops, laptops, and mobile devices; and FortiScan for endpoint vulnerability assessment and remediation. Further, the company offers FortiSwitch Ethernet switches; FortiBridge bypass appliances to help ensure network availability; FortiAuthenticator for scalable secure authentication for enterprise networks; FortiBalancer for optimizing the availability and performance of mobile, cloud, and enterprise applications; FortiCache, which reduces the cost of and impact of cached Internet content; FortiDNS, which provides secure DNS caching; FortiDDoS for protection against denial of service attack; and FortiVoice for business telephone communication. Additionally, it offers security subscription, technical support, training, and professional services. The company serves telecommunications, government, financial, retail, education, technology, healthcare, and manufacturing industries. It offers its products and services directly to distributors who sell to resellers and service providers. The company was founded in 2000 and is headquartered in Sunnyvale, California.
Telecommunications Healthcare Computing Mobile Devices Ethernet Computer Networking Network Architecture Firewall Wan Computer Companies Manufacturing Industries VPN Content Control Software Wireless Access Caching Internet Privacy Network Security Solutions Virtual Private Network
Is FTNT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 96.96
52 Week Low 64.41
Average Volume 1,528,946
200-Day Moving Average 79.6559
50-Day Moving Average 81.0992
20-Day Moving Average 81.7765
10-Day Moving Average 81.247
Average True Range 2.7032
ADX 12.56
+DI 24.0837
-DI 27.0296
Chandelier Exit (Long, 3 ATRs ) 84.68040000000001
Chandelier Exit (Short, 3 ATRs ) 86.9396
Upper Bollinger Band 85.1671
Lower Bollinger Band 78.3859
Percent B (%b) 0.29
BandWidth 8.292358
MACD Line -0.3747
MACD Signal Line -0.1184
MACD Histogram -0.2563
Fundamentals Value
Market Cap 14.12 Billion
Num Shares 176 Million
EPS 0.37
Price-to-Earnings (P/E) Ratio 217.16
Price-to-Sales 5.10
Price-to-Book 7.64
PEG Ratio 2.14
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 84.55
Resistance 3 (R3) 84.92 83.88 83.85
Resistance 2 (R2) 83.88 82.81 83.70 83.62
Resistance 1 (R1) 82.12 82.15 81.60 81.75 83.38
Pivot Point 81.08 81.08 80.83 80.90 81.08
Support 1 (S1) 79.32 80.01 78.80 78.95 77.32
Support 2 (S2) 78.28 79.35 78.10 77.08
Support 3 (S3) 76.52 78.28 76.85
Support 4 (S4) 76.15