Technical Analysis for FTNT - Fortinet, Inc.

Grade Last Price % Change Price Change
grade B 114.48 -2.98% -3.52
FTNT closed down 2.98 percent on Friday, February 21, 2020, on 83 percent of normal volume. It was able to find support at its 50 day moving average.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical FTNT trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 20 DMA Bearish -2.98%
Multiple of Ten Bearish Other -3.96%
Inside Day Range Contraction -3.96%
Shooting Star Candlestick Bearish -4.16%
Pocket Pivot Bullish Swing Setup -4.16%

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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 DNS 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

Indicators

Indicator Value
52 Week High 121.82
52 Week Low 68.88
Average Volume 1,048,735
200-Day Moving Average 90.81
50-Day Moving Average 113.77
20-Day Moving Average 117.95
10-Day Moving Average 118.00
Average True Range 3.09
ADX 21.71
+DI 18.73
-DI 26.49
Chandelier Exit (Long, 3 ATRs ) 112.56
Chandelier Exit (Short, 3 ATRs ) 121.32
Upper Bollinger Band 121.42
Lower Bollinger Band 114.48
Percent B (%b) 0.0
BandWidth 5.88
MACD Line 1.02
MACD Signal Line 1.66
MACD Histogram -0.6407
Fundamentals Value
Market Cap 20.12 Billion
Num Shares 176 Million
EPS 0.37
Price-to-Earnings (P/E) Ratio 309.41
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) 120.57
Resistance 3 (R3) 121.00 119.41 119.56
Resistance 2 (R2) 119.41 117.86 119.19 119.22
Resistance 1 (R1) 116.94 116.90 116.15 116.51 118.88
Pivot Point 115.35 115.35 114.95 115.13 115.35
Support 1 (S1) 112.88 113.80 112.09 112.45 110.08
Support 2 (S2) 111.29 112.84 111.07 109.74
Support 3 (S3) 108.82 111.29 109.41
Support 4 (S4) 108.39