Technical Analysis for FTNT - Fortinet, Inc.

Grade Last Price % Change Price Change
B 150.224 1.36% 2.01
FTNT closed up 1.15 percent on Tuesday, January 19, 2021, on 58 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
Earnings due: Feb 4
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical FTNT trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 1.36%
Spinning Top Other 1.36%
Bollinger Band Squeeze Range Contraction 1.36%
NR7 Range Contraction 1.36%
NR7-2 Range Contraction 1.36%
BB Squeeze Started Range Contraction 1.36%
Fell Below 20 DMA Bearish 2.52%
1,2,3 Pullback Bullish Bullish Swing Setup 2.52%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 2.52%
NR7 Range Contraction 2.52%
Older End-of-Day Signals for FTNT ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 2% about 7 hours ago
Rose Above Previous Day's High about 7 hours ago
Up 1% about 7 hours ago
20 DMA Resistance 1 day ago
Rose Above 20 DMA 1 day ago
View Earlier Intraday Alerts

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Profile

Fortinet, Inc. Description

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.


Classification

Sector: Technology
Industry: Software - Application
Keywords: Telecommunications Computing Mobile Devices Work From Home Ethernet Cybersecurity Security Solution Computer Networking Security Solutions Laptop Network Architecture Firewall Authentication Enterprise Applications Bypass Computer Companies VPN Manufacturing Industries Virtual Private Network Wireless Access Content Control Software Endpoint Security Wireless Access Points Internet Content Internet Privacy Network Security Solutions Caching DNS

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 155.31
52 Week Low 70.2
Average Volume 1,055,782
200-Day Moving Average 128.33
50-Day Moving Average 132.33
20-Day Moving Average 147.26
10-Day Moving Average 146.25
Average True Range 4.64
ADX 33.32
+DI 28.36
-DI 16.43
Chandelier Exit (Long, 3 ATRs ) 141.40
Chandelier Exit (Short, 3 ATRs ) 145.16
Upper Bollinger Band 153.85
Lower Bollinger Band 140.67
Percent B (%b) 0.57
BandWidth 8.95
MACD Line 4.08
MACD Signal Line 4.78
MACD Histogram -0.696
Fundamentals Value
Market Cap 24.06 Billion
Num Shares 162 Million
EPS 2.68
Price-to-Earnings (P/E) Ratio 55.32
Price-to-Sales 8.73
Price-to-Book 28.70
PEG Ratio 2.16
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 152.47
Resistance 3 (R3) 152.36 150.83 151.76
Resistance 2 (R2) 150.83 149.75 150.89 151.52
Resistance 1 (R1) 149.52 149.07 150.18 149.63 151.29
Pivot Point 147.99 147.99 148.32 148.05 147.99
Support 1 (S1) 146.68 146.91 147.34 146.79 145.13
Support 2 (S2) 145.15 146.23 145.21 144.90
Support 3 (S3) 143.84 145.15 144.66
Support 4 (S4) 143.95