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Shares of FTNT Up 39.1% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Fortinet Inc (NASDAQ:FTNT) on November 21st, 2017 at $41.18. In approximately 5 months, Fortinet Inc has returned 39.07% as of today's recent price of $57.27.

Over the past year, Fortinet Inc has traded in a range of $28.50 to $57.55 and is now at $57.27, 101% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 1.5%.

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