FORTINET INC (FTNT)
US34959E1091 - Common Stock
Taking everything into account, FTNT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FTNT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FTNT is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by FTNT over the past year are nicely spread over this period.
FTNT is part of the Software industry. There are 279 other stocks in this industry. FTNT outperforms 81% of them.
FTNT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTNT is lagging the market slightly.
FTNT has an average volume of 4664850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FTNT has a been trading in the 77.72 - 100.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although FTNT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
52.24
94.96
6 important support areas can be observed.
- Support @90.79 from a horizontal line in the daily time frame.
- A support zone ranging from 82.08 to 82.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @79.00 from a trend line in the daily time frame.
- Support @76.49 from a horizontal line in the daily time frame.
- Support @58.98 from a trend line in the weekly time frame.
- Support @52.77 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
CRS92.63
Mansfield2.39
10 Day High100.59
10 Day Low84.26
20 Day High100.59
20 Day Low77.72
52 Week High100.59
52 Week Low50.65
Performance
1 Week-0.47%
2 Weeks12.36%
1 Month16.62%
3 Month25.81%
6 Month53.25%
12 Month75.97%
2 Year76.86%
3 Year41.55%
5 Year347.25%
10 Year1605.73%
15 Year2666.92%
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)0.28
RSI(14)65.27
LBB76.68
UBB104.09
FORTINET INC
NASDAQ:FTNT (11/21/2024, 8:00:01 PM)
Premarket: 94.38 +0.36 (+0.38%)94.02
+1.57 (+1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.7%
1 Week-0.47%
2 Weeks12.36%
1 Month16.62%
3 Month25.81%
6 Month53.25%
12 Month75.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.45
ATR(20)%3.06%
ATR Inc
Range Today1.83
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 High100.59
10 Day Low84.26
20 Day High100.59
20 Day Low77.72
52 Week High100.59
52 Week Low50.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.38M
Volume Incr18.33%
Vol(5)5.95M
Vol(50)4.66M