FTNT NEWS why is Fortinet, Inc. price falling or rising

FTNT NEWS reasons for why stock price of Fortinet, Inc. is falling or rising

FTNT Fortinet Inc is falling or rising technical reasons

Technical analysis forecast for Fortinet Inc Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Fortinet Inc FTNT at this time. Stock is falling and might fall more.

It appears as if Fortinet Inc FTNT gave a large move recently.

Stock of Fortinet Inc (FTNT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Fortinet Inc is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 59.9, for a target of 62.5 or 64.68

FTNT Fortinet Inc is falling or rising NEWS fundamental reasons

After-Hours Earnings Report for May 2, 2024 : AAPL, AMGN, BKNG, EOG, MELI, PXD, MSI, MNST, FTNT, DLR, COIN, IR The following companies are expected to report earnings after hours on 05/02/2024. Visit our Earnings Calendar for a full list of expected earnings releases.Apple Inc. (AAPL)is reporting for the quarter ending March 31, 2024. The computer company's consen - NEWS as on 2024-05-02 nasdaq.com

More announcements and NEWS

FTNT Fortinet, Inc. current price & indicator signals

Moving Averages for Fortinet, Inc.

  • 5Day Average: 63.02
  • 12Day Average: 63.72
  • 20Day Average: 64.9
  • 50Day Average: 67.56
  • 100Day Average: 65.5
  • 150Day Average: 61.82
  • 200Day Average: 61.72

FTNT Indicators & signals

Indicator MACD (12,26,9)

63.74, 65.19, -1.16
Indicator MACD is in negative zone

Indicator ADX (14)

43.75, 12.74, 32.55
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 39
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of FTNT Fortinet, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 58.88 58.79 to 62.49 -9.69% 3.5 times
02 Thu May 2024 65.20 63.01 to 65.26 2.63% 1.83 times
01 Wed May 2024 63.53 63.14 to 64.87 0.55% 0.96 times
30 Tue Apr 2024 63.18 63.16 to 64.44 -1.74% 1.17 times
29 Mon Apr 2024 64.30 63.70 to 65.14 0.19% 0.84 times
26 Fri Apr 2024 64.18 63.90 to 65.15 0.23% 0.91 times
25 Thu Apr 2024 64.03 62.87 to 64.69 -2.17% 0.81 times
24 Wed Apr 2024 65.45 64.59 to 65.80 1% 0.84 times
23 Tue Apr 2024 64.80 63.98 to 65.10 1.74% 0.78 times
22 Mon Apr 2024 63.69 62.61 to 64.23 0.46% 0.8 times
19 Fri Apr 2024 63.40 62.92 to 64.41 -0.98% 1.06 times
18 Thu Apr 2024 64.03 63.53 to 65.01 -0.97% 0.68 times

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