tiprankstipranks
Fortinet (FTNT)
NASDAQ:FTNT

Fortinet (FTNT) Technical Analysis

4,701 Followers

Technical Sentiment

Overall Consensus
Sell
7Bullish
5Neutral
10Bearish
Technical Analysis Consensus
Sell
2Bullish
5Neutral
3Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Fortinet’s (FTNT) Moving Averages Convergence Divergence (MACD) indicator is -1.52, suggesting Fortinet is a Sell.
Fortinet’s (FTNT) 20-Day exponential moving average is 61.72, while Fortinet’s (FTNT) share price is $61.43, making it a Sell.
Fortinet’s (FTNT) 50-Day exponential moving average is 63.87, while Fortinet’s (FTNT) share price is $61.43, making it a Sell.

Fortinet (FTNT) Pivot Points

May 20, 2024, 08:52 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
58.33
58.95
60.10
60.72
61.87
62.49
63.64
Fibonacci
58.95
59.63
60.05
60.72
61.40
61.82
62.49
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Fortinet (FTNT) Moving Averages

May 20, 2024, 08:52 AM
Period
Simple
Exponential
MA5
60.65Buy
60.74Buy
MA10
59.74Buy
60.69Buy
MA20
61.73Sell
61.72Sell
MA50
65.47Sell
63.87Sell
MA100
65.41Sell
64.19Sell
MA200
61.28Buy
63.95Sell
Fortinet’s (FTNT) 10-Day exponential moving average is 60.69, while Fortinet’s (FTNT) share price is $61.43, making it a Buy.
Fortinet’s (FTNT) 100-Day exponential moving average is 64.19, while Fortinet’s (FTNT) share price is $61.43, making it a Sell.
Fortinet’s (FTNT) stock price is $61.43 and Fortinet’s (FTNT) 50-day simple moving average is 65.47, creating a Sell signal.
Fortinet’s (FTNT) stock price is $61.43 and Fortinet’s (FTNT) 100-day simple moving average is 65.41, creating a Sell signal.
Fortinet’s (FTNT) stock price is $61.43 and Fortinet’s (FTNT) 200-day simple moving average is 61.28, creating a Buy signal.

Fortinet (FTNT) Technical Indicators

May 20, 2024, 08:52 AM
Name
Value
Implied Action
RSI (14)
45.54
Neutral
STOCH (9,6)
82.77
Sell
STOCHRSI (14)
44.38
Neutral
MACD (12,26)
-1.52
Sell
ADX (14)
29.76
Neutral
Williams %R
-51.62
Buy
CCI (14)
-12.07
Neutral
ATR (14)
1.81
-
Ultimate Oscillator
48.75
Neutral
ROC
-4.46
Sell
Fortinet’s (FTNT) Relative Strength Index (RSI) is 45.54, creating a Neutral signal.
Fortinet’s (FTNT) Trend Strength Indicator (ADX) is 29.76, creating a Neutral signal.
Fortinet’s (FTNT) Commodity Channel Index (CCI) is -12.07, creating a Neutral signal.
Fortinet’s (FTNT) Price Rate of Change (ROC) is -4.46, creating a Sell signal.

FAQ

Is FTNT a Buy, Hold, or Sell?
Based on FTNT’s technical indicators, FTNT is a Sell.
    What is FTNT’s RSI (14)?
    FTNT’s RSI (14) is 45.54, which suggests FTNT is a Neutral.
      What is FTNT’s MACD?
      FTNT’s MACD is -1.52, which suggests FTNT is a Sell.
        What is FTNT’s 5-day moving average?
        FTNT’s 5-day moving average is 60.65, which suggests FTNT is a Buy.
          What is FTNT’s 20-day moving average?
          FTNT 20-day moving average is 61.73, which suggests FTNT is a Sell.
            What is FTNT’s 50-day moving average?
            FTNT’s 50-day moving average is 65.47, which suggests FTNT is a Sell.
              What is FTNT’s 200-day moving average?
              FTNT’s 200-day moving average is 61.28, which suggests FTNT is a Buy.
                What is FTNT’s Williams % R (14)?
                FTNT’s Williams % R (14) is -51.62, which suggests FTNT is a Buy.
                  What is FTNT’s CCI (14)?
                  FTNT’s CCI (14) is -12.07, which suggests FTNT is a Neutral.
                    What's Included in PREMIUM?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis