| Fortinet provides cybersecurity solutions to a variety of organizations, including enterprises, communication service providers, government organizations and small to medium-sized enterprises. Co.'s cybersecurity solutions are designed to provide visibility and segmentation of the digital attack surface through its Fortinet Security Fabric platform, which features automated protection, detection and response. Co.'s main product offerings consist of its FortiGate firewall product family and its non-FortiGate products. Co.'s non-FortiGate products include the Fortinet Security Fabric cybersecurity mesh platform, email security, cloud security, endpoint protection and other products. |
When researching a stock like Fortinet, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from FTNT Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for FTNT stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the FTNT 200 day moving average ("FTNT 200 DMA"), while one of the most popular "shorter look-backs" is the FTNT 50 day moving average ("FTNT 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Fortinet. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the FTNT 200 DMA and the FTNT 50 DMA, we get a moving average convergence divergence indicator ("FTNT MACD"). The FTNT MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).