Technical Analysis for 0IR9 - Fortinet Inc.

Grade Last Price % Change Price Change
D 64.86 1.34% 0.86
0IR9 closed up 1.34 percent on Friday, April 26, 2024, on 4 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: May 2
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Flat

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Oversold Stochastic Weakness 1.34%
Pocket Pivot Bullish Swing Setup -0.48%
Volume Surge Other -0.48%
Up 3 Days in a Row Strength -0.48%
Oversold Stochastic Weakness -0.48%
Oversold Stochastic Weakness 0.59%
200 DMA Support Bullish 1.71%
Hammer Candlestick Bullish 1.71%
Stochastic Buy Signal Bullish 1.71%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 22 hours ago
Possible NR7 about 22 hours ago
Rose Above 10 DMA about 22 hours ago
Up 1% about 22 hours ago
Fell Below Previous Day's Low 2 days ago

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Profile

Fortinet Inc. Description

Fortinet, Inc. provides cybersecurity and networking solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides centralized network logging, analyzing and reporting solutions. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiAuthenticator, a zero trust access solution; FortiGate VM, a network firewall virtual appliance; FortiToken, product family for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both machine-learning anti-malware protection and remediation. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.


Classification

Keywords: Financial Services Manufacturing Telecommunications Computing Digital Technology Computer Security Security Solutions Cyberwarfare Wan Computer Network Security Computer Networking Healthcare Industries Software Licenses Firewall Vpn

Is 0IR9 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 81.1985
52 Week Low 43.64
Average Volume 34,552
200-Day Moving Average 62.81
50-Day Moving Average 68.21
20-Day Moving Average 66.92
10-Day Moving Average 64.64
Average True Range 1.74
RSI (14) 42.86
ADX 23.68
+DI 18.59
-DI 33.07
Chandelier Exit (Long, 3 ATRs) 68.24
Chandelier Exit (Short, 3 ATRs) 67.81
Upper Bollinger Bands 72.25
Lower Bollinger Band 61.58
Percent B (%b) 0.31
BandWidth 15.95
MACD Line -1.18
MACD Signal Line -0.96
MACD Histogram -0.2235
Fundamentals Value
Market Cap 110.5 Million
Num Shares 170 Million
EPS 3.83
Price-to-Earnings (P/E) Ratio 16.93
Price-to-Sales 0.02
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 66.36
Resistance 3 (R3) 66.27 65.68 66.11
Resistance 2 (R2) 65.68 65.30 65.73 66.02
Resistance 1 (R1) 65.27 65.07 65.48 65.36 65.94
Pivot Point 64.69 64.69 64.79 64.73 64.69
Support 1 (S1) 64.27 64.30 64.48 64.36 63.78
Support 2 (S2) 63.69 64.07 63.73 63.70
Support 3 (S3) 63.28 63.69 63.61
Support 4 (S4) 63.36