Technical Analysis for FTNT - Fortinet, Inc.

Grade Last Price % Change Price Change
grade A 104.48 0.69% 0.72
FTNT closed up 2.19 percent on Monday, November 18, 2019, on 1.28 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical FTNT trend table...

Date Alert Name Type % Chg
Golden Cross Bullish 0.69%
New 52 Week Closing High Bullish 0.69%
Expansion Breakout Bullish Swing Setup 0.69%
New 52 Week High Strength 0.69%
Wide Bands Range Expansion 0.69%
Overbought Stochastic Strength 0.69%
Up 3 Days in a Row Strength 0.69%
New 52 Week Closing High Bullish 2.90%
New 52 Week High Strength 2.90%
Multiple of Ten Bullish Other 2.90%

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 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
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 104.35
52 Week Low 64.41
Average Volume 1,287,768
200-Day Moving Average 82.6579
50-Day Moving Average 82.8705
20-Day Moving Average 89.991
10-Day Moving Average 97.602
Average True Range 2.609
ADX 45.94
+DI 45.0929
-DI 5.9921
Chandelier Exit (Long, 3 ATRs ) 96.523
Chandelier Exit (Short, 3 ATRs ) 83.577
Upper Bollinger Band 107.3806
Lower Bollinger Band 72.6014
Percent B (%b) 0.9
BandWidth 38.64742
MACD Line 5.9528
MACD Signal Line 4.6574
MACD Histogram 1.2954
Fundamentals Value
Market Cap 18.24 Billion
Num Shares 176 Million
EPS 0.37
Price-to-Earnings (P/E) Ratio 280.43
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) 109.31
Resistance 3 (R3) 108.89 106.62 108.39
Resistance 2 (R2) 106.62 105.21 106.83 108.08
Resistance 1 (R1) 105.19 104.33 105.91 105.61 107.77
Pivot Point 102.92 102.92 103.28 103.13 102.92
Support 1 (S1) 101.49 101.51 102.21 101.91 99.75
Support 2 (S2) 99.22 100.63 99.43 99.44
Support 3 (S3) 97.79 99.22 99.14
Support 4 (S4) 98.21