FORTINET INC (FTNT)
US34959E1091 - Common Stock
Taking everything into account, FTNT scores 0 out of 10 in our technical rating. FTNT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than FTNT.
FTNT is part of the Software industry. There are 284 other stocks in this industry, of which 66% are performing better than FTNT.
In the last month FTNT has a been trading in the 56.52 - 61.48 range, which is quite wide. It is currently trading near the lows of this range.
FTNT has an average volume of 5095750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FTNT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FTNT is lagging the market slightly.
Although the technical rating is bad, FTNT does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
49.97
67.57
2 important support areas can be observed.
- Support @52.95 from a trend line in the weekly time frame.
- Support @50.47 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 58.50 to 61.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.34 from a horizontal line in the daily time frame.
- Resistance @66.90 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.08
Mansfield-1.51
10 Day High60.72
10 Day Low56.52
20 Day High61.48
20 Day Low56.52
52 Week High78.58
52 Week Low44.12
Performance
1 Week-1.41%
2 Weeks-2.52%
1 Month-1.38%
3 Month-10.7%
6 Month-13.32%
12 Month-25.38%
2 Year-3.92%
3 Year5.26%
5 Year256.81%
10 Year1067.21%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)39.11
LBB56.76
UBB60.92
FORTINET INC
NASDAQ:FTNT (7/26/2024, 2:33:09 PM)
57.325
+0.02 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.03%
1 Week-1.41%
2 Weeks-2.52%
1 Month-1.38%
3 Month-10.7%
6 Month-13.32%
12 Month-25.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.49
ATR(20)%2.46%
ATR Inc
Range Today0.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High60.72
10 Day Low56.52
20 Day High61.48
20 Day Low56.52
52 Week High78.58
52 Week Low44.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.49M
Volume Incr4.37%
Vol(5)5.92M
Vol(50)5.10M