Smart Investing: $FTNT Enjoys a 5.46% Surge with Trader Bot.
In the fast-paced world of stock trading, artificial intelligence (AI) trading robots have become increasingly popular for their ability to analyze market trends and make strategic investment decisions. Recently, at "Swing Trader, Popular Stocks: Short Bias Strategy (TA&FA)," these AI trading bots demonstrated their prowess, generating an impressive +5.46% gain while trading Fortinet Inc. (FTNT) over the previous week.
Momentum Indicator Signals Positive Trend for FTNT
One notable development for FTNT is the positive shift in its Momentum Indicator, surpassing the 0 level on January 3, 2024. This indicator often signals a potential shift in the stock's direction, suggesting the initiation of a new upward trend. Tickeron's A.I.dvisor analyzed 96 similar instances where the Momentum Indicator turned positive, revealing that in 81% of cases, the stock moved higher in the following days. This positive momentum may prompt traders to consider buying the stock or exploring call options.
Earnings Report Highlights Strong Performance
FTNT's last earnings report on November 2, 2023, showed robust financial performance, with earnings per share surpassing estimates at 40 cents, compared to the expected 36 cents. The company, with 1.60 million shares outstanding, currently boasts a market capitalization of 41.27 billion.
Market Cap Overview in the Packaged Software Industry
To provide context, it's crucial to examine FTNT's market capitalization within the Packaged Software Industry. The average market capitalization across the industry is 9.37 billion, with valuations ranging from 291 million to a staggering 2.84 trillion. Microsoft Corporation (MSFT) holds the highest valuation in this group at 2.84 trillion, while BLGI is the lowest valued company at 291 million.
Highs and Lows: Price Movements in the Industry
Understanding the price movements in the industry further illuminates FTNT's position. The average weekly price growth across all stocks in the Packaged Software Industry was -2%, with a monthly average growth of 2% and a quarterly average growth of -8%. Notable outliers include PHUN, experiencing the highest price growth at an impressive 448%, and KLDI, witnessing the largest fall at -81%.
Volume Trends Reflect Industry Dynamics
Analyzing volume trends is crucial for understanding investor sentiment. Across all stocks in the Packaged Software Industry, the average weekly volume growth was 282%, with monthly and quarterly averages at 26% and 209%, respectively. These figures highlight the dynamic nature of the industry, with investors actively participating in trades.
In summary, the recent success of AI trading bots at "Swing Trader, Popular Stocks: Short Bias Strategy (TA&FA)" underscores their effectiveness in navigating the stock market. FTNT's positive Momentum Indicator and strong earnings report position it favorably within the Packaged Software Industry.
FTNT in upward trend: price may ascend as a result of having broken its lower Bollinger Band on April 03, 2025
FTNT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 34 cases where FTNT's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FTNT's RSI Oscillator exited the oversold zone, of 16 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on FTNT as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FTNT just turned positive on April 10, 2025. Looking at past instances where FTNT's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FTNT advanced for three days, in of 362 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTNT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for FTNT entered a downward trend on April 11, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FTNT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: FTNT's P/B Ratio (555.556) is slightly higher than the industry average of (30.787). P/E Ratio (46.445) is within average values for comparable stocks, (160.020). Projected Growth (PEG Ratio) (1.825) is also within normal values, averaging (2.707). Dividend Yield (0.000) settles around the average of (0.032) among similar stocks. P/S Ratio (10.070) is also within normal values, averaging (59.678).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of threat management and network security solutions
Industry PackagedSoftware