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Realtime updates for Fortinet Inc [FTNT]

Exchange: NASDAQ Sector: Technology Industry: Software—Infrastructure
BUY
58.00%
return 0.35%
SELL
34.69%
return 15.75%
Last Updated31 May 2024 @ 16:00

2.28% $ 59.32

SELL 3665 min ago

@ $58.43

Issued: 31 May 2024 @ 15:21


Return: 1.53%


Previous signal: May 31 - 14:06


Previous signal: Buy


Return: 1.01 %

Live Chart Being Loaded With Signals

Commentary (31 May 2024 @ 16:00):
Our systems believe the stock currently is overvalued by 1.53% compare to its pairs and should correct downwards.

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific...

Stats
Today's Volume 16.35M
Average Volume 5.38M
Market Cap 45.32B
EPS $0 ( 2024-05-02 )
Next earnings date ( $0.380 ) 2024-06-14
Last Dividend $0 ( N/A )
Next Dividend $0 ( N/A )
P/E 38.52
ATR14 $1.635 (2.76%)
Insider Trading
Date Person Action Amount type
2024-05-16 Ohlgart Christiane Buy 10 955 Restricted Stock Units
2024-05-16 Wilderotter Mary Agnes Buy 550 Restricted Stock Units
2024-05-15 Xie Ken Buy 41 667 Common Stock
2024-05-14 Xie Ken Buy 41 667 Common Stock
2024-05-15 Xie Ken Sell 24 230 Common Stock
INSIDER POWER
-0.87
Last 99 transactions
Buy: 10 220 764 | Sell: 10 389 195
Correlation (AI algo v.1.1b): Overvalued: -1.53% $58.39 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: 0.98 (very strong)
Short: 0.82 (strong)
Signal:(86) Same movement expected

Fortinet Inc Correlation

10 Most Positive Correlations
VXRT0.877
BHFAP0.854
FATE0.839
CFBK0.836
ROST0.836
CSX0.833
IMNM0.828
RFIL0.827
MANH0.826
BHFAO0.816
10 Most Negative Correlations
NIU-0.853
PLXS-0.825
IQ-0.817
PSHG-0.816
RELL-0.803
AY-0.801

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Fortinet Inc Correlation - Currency/Commodity

The country flag 0.87
( strong )
The country flag 0.75
( moderate )
The country flag -0.83
( strong negative )
The country flag 0.85
( strong )
The country flag -0.04
( neutral )
The country flag -0.27
( neutral )

Fortinet Inc Financials

Annual 2023
Revenue: $5.30B
Gross Profit: $4.05B (76.32 %)
EPS: $1.470
FY 2023
Revenue: $5.30B
Gross Profit: $4.05B (76.32 %)
EPS: $1.470
FY 2022
Revenue: $4.42B
Gross Profit: $3.33B (75.44 %)
EPS: $1.080
FY 2021
Revenue: $3.34B
Gross Profit: $2.56B (76.57 %)
EPS: $0.744

Financial Reports:

No articles found.

Fortinet Inc Options Data

Calls

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

Puts

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

Fortinet Inc

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

About Live Signals

The live signals presented on this page help determine when to BUY or SELL NA. The signals have upwards of a 1-minute delay; like all market signals, there is a chance for error or mistakes.

The live trading signals are not definite, and getagraph.com hold no responsibility for any action taken upon these signals, as described in the Terms of Use. The signals are based on a wide range of technical analysis indicators

Total Execution Time: 1.2953259944916 seconds
Number of API calls: 2
Number of DB calls: 8