Check historical price trends and seasonality for Fortinet (FTNT).
Fortinet (FTNT) average YTD return over the past 10 years is +36.88%.
Over the past 10 years, the return for the specified period (Apr 18 for 60 days) is -1.83%.
3 wins 4 losses with a win rate of 42.86%.
1) Overview:
Fortinet exhibits a strong bullish tendency throughout the year. The stock price generally increases from January, experiencing significant gains into February, reaching +11.3% by February 15. After a slight consolidation in March, the upward trend resumes, peaking around +29.6% by July 23. The strongest period of growth occurs in late December, with gains of +38.3% by December 27 and +36.8% by December 31.
2) Buy-the-dip points:
A potential buying opportunity appears around January 5, where the stock tends to dip by -2.3%. While the stock generally trends upward from January, this early dip could present a short-term entry point. Another minor pullback occurs in early August, followed by a rebound later in the month.
3) Summary:
Based on historical seasonality, a long-term investment strategy in Fortinet could involve accumulating shares during the early January dip. The strongest returns are typically realized by holding through the end of the year, particularly capturing the significant gains in December. Investors should consider these seasonal tendencies alongside fundamental analysis and broader market conditions.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-04-18 | 64.0300 | 2024-06-16 | 60.7800 | -3.2500 | -5.08 |
| 2023 | 2023-04-18 | 67.8200 | 2023-06-16 | 72.7800 | 4.9600 | 7.31 |
| 2022 | 2022-04-18 | 66.0840 | 2022-06-16 | 52.7460 | -13.3380 | -20.18 |
| 2019 | 2019-04-18 | 18.2160 | 2019-06-16 | 15.1420 | -3.0740 | -16.88 |
| 2018 | 2018-04-18 | 11.4980 | 2018-06-16 | 13.0560 | 1.5580 | 13.55 |
| 2017 | 2017-04-18 | 7.7040 | 2017-06-16 | 7.5660 | -0.1380 | -1.79 |
| 2016 | 2016-04-18 | 6.0540 | 2016-06-16 | 6.6740 | 0.6200 | 10.24 |
| Avg | 34.4866 | 32.6777 | -1.81 | -1.83 |
| Day \ Month | Jan Total +2.72% | Feb Total +8.46% | Mar Total +3.01% | Apr Total +2.23% | May Total +3.18% | Jun Total +1.79% | Jul Total +3.04% | Aug Total +1.87% | Sep Total -0.75% | Oct Total +1.89% | Nov Total +2.99% | Dec Total +3.21% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.16% | 0.00% | +1.17% | +0.38% | +0.20% | -0.31% | +0.30% | +0.15% | -0.17% | -0.08% | +0.45% | +0.53% | -0.68% |
| 2 Avg +0.29% | +0.22% | +0.11% | +1.16% | +0.18% | +0.50% | +0.50% | +0.71% | +1.86% | +0.16% | -0.22% | -1.94% | +0.19% |
| 3 Avg -0.49% | -0.52% | +0.46% | -1.30% | -0.11% | -2.20% | -0.79% | +0.13% | +1.10% | -0.83% | +0.43% | -2.26% | +0.07% |
| 4 Avg -0.22% | -1.01% | +1.76% | -0.36% | -1.10% | +0.27% | +0.40% | 0.00% | -3.75% | 0.00% | +0.05% | +0.82% | +0.28% |
| 5 Avg +0.15% | -1.00% | -0.57% | -0.35% | +0.19% | +1.22% | +1.19% | +0.79% | -1.03% | -0.08% | +0.67% | +0.63% | +0.16% |
| 6 Avg +0.10% | +0.42% | +0.67% | -0.33% | +0.49% | -0.79% | -0.08% | +0.38% | +0.34% | +0.49% | +0.41% | -0.32% | -0.46% |
| 7 Avg +0.31% | +0.54% | -0.04% | -1.20% | +0.31% | +2.24% | -0.26% | +0.62% | -0.27% | +0.23% | -0.35% | +1.22% | +0.74% |
| 8 Avg +0.48% | +1.23% | +0.83% | -0.70% | +0.26% | -0.32% | +0.43% | +1.07% | +0.08% | +0.13% | -0.25% | +2.41% | +0.53% |
| 9 Avg -0.05% | +0.07% | +1.04% | -0.49% | +0.87% | -0.81% | -1.16% | +0.64% | +0.16% | +0.18% | +0.60% | -0.70% | -0.97% |
| 10 Avg +0.19% | +0.46% | +0.52% | -0.04% | +0.37% | +1.02% | -0.31% | -0.47% | -0.02% | +0.34% | -0.64% | +0.24% | +0.87% |
| 11 Avg +0.16% | +0.19% | -0.54% | +0.67% | -0.33% | +0.31% | -0.16% | +0.30% | -0.37% | +0.46% | -0.86% | +1.57% | +0.63% |
| 12 Avg +0.07% | +0.39% | +0.31% | -1.36% | -0.05% | +0.07% | +0.57% | +0.01% | +0.97% | -0.16% | -0.72% | +0.38% | +0.46% |
| 13 Avg +0.13% | -0.48% | +0.62% | +0.43% | +1.18% | +0.71% | -0.56% | -0.85% | +0.59% | -1.39% | +0.87% | -0.13% | +0.49% |
| 14 Avg +0.12% | +0.17% | +0.69% | +0.03% | -0.11% | +0.44% | +0.41% | +0.54% | -0.09% | +0.50% | -0.31% | -0.22% | -0.54% |
| 15 Avg +0.38% | +0.01% | +0.79% | -0.08% | +0.68% | +0.81% | +0.94% | +0.41% | +0.13% | -0.07% | +0.15% | +0.03% | +0.71% |
| 16 Avg -0.03% | -0.23% | -0.24% | +0.11% | -0.25% | +0.41% | -0.58% | -0.36% | +0.40% | +0.08% | +0.28% | +0.16% | -0.12% |
| 17 Avg +0.00% | -0.06% | +0.01% | +0.29% | +0.41% | -0.20% | +0.35% | +0.74% | -0.63% | -0.59% | +0.37% | -0.09% | -0.58% |
| 18 Avg -0.11% | -0.45% | -0.06% | +0.02% | +0.04% | -0.30% | -0.42% | -0.46% | +0.30% | -0.02% | +0.42% | -0.90% | +0.57% |
| 19 Avg +0.18% | -0.42% | +0.55% | +1.48% | -0.14% | +0.82% | +0.11% | +0.29% | -0.42% | +0.29% | -0.02% | -0.82% | +0.47% |
| 20 Avg +0.15% | +0.06% | -0.20% | +0.02% | +0.11% | +0.77% | -0.42% | +0.96% | +0.53% | -0.19% | +0.31% | -0.05% | -0.15% |
| 21 Avg -0.05% | +0.04% | -1.13% | +0.66% | -1.72% | -0.29% | +0.64% | +0.38% | +0.18% | -0.14% | +0.48% | +0.76% | -0.45% |
| 22 Avg +0.23% | +0.76% | +0.43% | -0.28% | +0.14% | 0.00% | +0.40% | +0.30% | +0.25% | +0.06% | +0.24% | -0.07% | +0.50% |
| 23 Avg +0.07% | +0.73% | -0.24% | -0.19% | +0.10% | -0.91% | +0.44% | +0.23% | +0.65% | +0.21% | +0.06% | -0.17% | -0.12% |
| 24 Avg +0.27% | +0.47% | +0.54% | +1.88% | +0.68% | +0.30% | -0.46% | -0.81% | -0.27% | +0.08% | +0.21% | +0.54% | +0.12% |
| 25 Avg +0.01% | -0.48% | +0.08% | -0.23% | +0.04% | +0.17% | -0.21% | +0.60% | +0.22% | -0.01% | -0.29% | +0.24% | 0.00% |
| 26 Avg -0.01% | +0.06% | +0.47% | +1.05% | -0.43% | +0.05% | -0.20% | -1.12% | +0.37% | -0.10% | -1.37% | +0.49% | +0.65% |
| 27 Avg -0.14% | -1.04% | -0.05% | -0.81% | +0.66% | -0.33% | -0.17% | -0.45% | -0.06% | -0.20% | -0.25% | +0.18% | +0.78% |
| 28 Avg +0.16% | +1.46% | +0.49% | +0.04% | -0.48% | -0.03% | +0.38% | -0.03% | -0.29% | -0.36% | +0.71% | +0.11% | -0.14% |
| 29 Avg +0.15% | +0.35% | - | +1.48% | -0.24% | -0.11% | +0.17% | -0.50% | +0.40% | -0.12% | -0.20% | +0.52% | -0.14% |
| 30 Avg +0.06% | +0.21% | - | +0.23% | +0.28% | -0.05% | +0.37% | -0.87% | +0.87% | +0.37% | -0.11% | -0.17% | -0.49% |
| 31 Avg +0.19% | +0.59% | - | +0.80% | - | -0.28% | - | -0.24% | -0.15% | - | +0.76% | - | -0.16% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
