Technical Analysis for FTNT - Fortinet, Inc.

Grade Last Price % Change Price Change
grade C 82.62 -0.74% -0.62
FTNT closed down 0.74 percent on Friday, May 17, 2019, on 73 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

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

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.74%
Oversold Stochastic Weakness -0.74%
Oversold Stochastic Weakness 1.94%
Crossed Above 200 DMA Bullish 1.75%
Inside Day Range Contraction 1.75%
Oversold Stochastic Weakness 1.75%
Fell Below 200 DMA Bearish 3.94%
New Downtrend Bearish 3.94%

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 VPN Manufacturing Industries 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: 1 bullish, 2 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 58.1
Average Volume 1,739,058
200-Day Moving Average 80.3634
50-Day Moving Average 86.5266
20-Day Moving Average 86.92
10-Day Moving Average 82.085
Average True Range 2.6235
ADX 25.8
+DI 17.8443
-DI 26.432
Chandelier Exit (Long, 3 ATRs ) 87.0855
Chandelier Exit (Short, 3 ATRs ) 87.2905
Upper Bollinger Band 97.2041
Lower Bollinger Band 76.6359
Percent B (%b) 0.29
BandWidth 23.663369
MACD Line -1.9018
MACD Signal Line -1.2276
MACD Histogram -0.6742
Fundamentals Value
Market Cap 14.52 Billion
Num Shares 176 Million
EPS 0.37
Price-to-Earnings (P/E) Ratio 223.30
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) 86.06
Resistance 3 (R3) 86.16 85.11 85.48
Resistance 2 (R2) 85.11 84.24 85.06 85.29
Resistance 1 (R1) 83.87 83.70 84.49 83.77 85.10
Pivot Point 82.82 82.82 83.14 82.77 82.82
Support 1 (S1) 81.58 81.95 82.20 81.48 80.14
Support 2 (S2) 80.53 81.41 80.48 79.95
Support 3 (S3) 79.29 80.53 79.76
Support 4 (S4) 79.19