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Fortinet Inc Shares Up 16.0% Since SmarTrend's Buy Recommendation (FTNT)

By Amy Schwartz

SmarTrend identified an Uptrend for Fortinet Inc (NASDAQ:FTNT) on November 1st, 2019 at $89.58. In approximately 1 month, Fortinet Inc has returned 16.01% as of today's recent price of $103.92.

Fortinet Inc share prices have moved between a 52-week high of $106.00 and a 52-week low of $64.41 and are now trading 62% above that low price at $104.45 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.2%.

Fortinet, Inc. provides network security solutions. The Company offers network security appliances, related software, and subscription services. Fortinet systems integrate the industry's broadest suite of security technologies, including firewall, VPN, antivirus, intrusion prevention (IPS), web filtering, antispam, and traffic shaping.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Fortinet Inc shares.

Log in and add Fortinet Inc (FTNT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Fortinet Inc

Ticker(s): FTNT