In today’s Super Seasonals: Trade of the Week we will look at Fortinet Inc. (FTNT).
Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. Its product portfolio includes network security, secure access service edge, enterprise networking, security operations, application security, and operational technology.
Below are the seasonal snippets on Fortinet…
Below is a 5-10 year snapshot of the seasonals from a perspective of recency bias
(a tendency to give more weight or importance to recent events) …
Below is a 10-year backtest based on investing $1,000 annually…
Below is a look at Competitor Seasonality, that all have a bullish “Entry” start date…
Below is a week by week breakdown; mid-late July has a bearish tendency…
As you likely know, there are literally dozens of solid ways to approach trading Fortinet Inc. (FTNT) with a bullish bias. The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties. Please remember, do your homework, and fully understand the risk before trading anything.
To learn more about seasonal information on Fortinet Inc. (FTNT) and other solid seasonal opportunities click here SuperSeasonals .
Trade Smart,
Chad Shirley
