tiprankstipranks
Fortinet (DE:FO8)
FRANKFURT:FO8

Fortinet (FO8) Technical Analysis

9 Followers

Summary of all the Indicators

Overall Consensus
Strong Sell
2Bullish
0Neutral
11Bearish
Technical Analysis Consensus
Strong Sell
0Bullish
0Neutral
1Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Fortinet’s (FO8) 20-Day exponential moving average is 61.53, while Fortinet’s (FO8) share price is €59.6, making it a Sell.
Fortinet’s (FO8) 50-Day exponential moving average is 61.75, while Fortinet’s (FO8) share price is €59.6, making it a Sell.

Fortinet (FO8) Pivot Points

May 02, 2024, 12:49 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
Fibonacci
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Fortinet (FO8) Moving Averages

May 02, 2024, 12:49 AM
Period
Simple
Exponential
MA5
60.17Sell
60.22Sell
MA10
60.49Sell
60.73Sell
MA20
62.15Sell
61.53Sell
MA50
62.99Sell
61.75Sell
MA100
59.51Buy
60.40Sell
MA200
57.56Buy
60.04Sell
Fortinet’s (FO8) 10-Day exponential moving average is 60.73, while Fortinet’s (FO8) share price is €59.6, making it a Sell.
Fortinet’s (FO8) 100-Day exponential moving average is 60.40, while Fortinet’s (FO8) share price is €59.6, making it a Sell.
Fortinet’s (FO8) stock price is €59.6 and Fortinet’s (FO8) 50-day simple moving average is 62.99, creating a Sell signal.
Fortinet’s (FO8) stock price is €59.6 and Fortinet’s (FO8) 100-day simple moving average is 59.51, creating a Buy signal.
Fortinet’s (FO8) stock price is €59.6 and Fortinet’s (FO8) 200-day simple moving average is 57.56, creating a Buy signal.

Fortinet (FO8) Technical Indicators

May 02, 2024, 12:49 AM
Name
Value
Implied Action
ROC
-8.58
Sell
Fortinet’s (FO8) Price Rate of Change (ROC) is -8.58, creating a Sell signal.

FAQ

Is FO8 a Buy, Hold, or Sell?
Based on FO8’s technical indicators, FO8 is a Strong Sell.
    What is FO8’s RSI (14)?
    Currently, no data Available
    What is FO8’s MACD?
    Currently, no data Available
    What is FO8’s 5-day moving average?
    FO8’s 5-day moving average is 60.17, which suggests FO8 is a Sell.
      What is FO8’s 20-day moving average?
      FO8 20-day moving average is 62.15, which suggests FO8 is a Sell.
        What is FO8’s 50-day moving average?
        FO8’s 50-day moving average is 62.99, which suggests FO8 is a Sell.
          What is FO8’s 200-day moving average?
          FO8’s 200-day moving average is 57.56, which suggests FO8 is a Buy.
            What is FO8’s Williams % R (14)?
            Currently, no data Available
            What is FO8’s CCI (14)?
            Currently, no data Available
            What is the share price of Fortinet?
            What's Included in PREMIUM?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis