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Uptrend Call Working As Fortinet Inc Stock Rises 40.9% (FTNT)

By James Quinn

SmarTrend identified an Uptrend for Fortinet Inc (NASDAQ:FTNT) on November 21st, 2017 at $41.18. In approximately 6 months, Fortinet Inc has returned 40.94% as of today's recent price of $58.04.

Fortinet Inc share prices have moved between a 52-week high of $60.81 and a 52-week low of $28.50 and are now trading 104% above that low price at $58.04 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has slid 0.6%.

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