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Formula Systems Ltd (FORTY)
NASDAQ:FORTY
US Market

Formula Systems (FORTY) Technical Analysis

Compare
126 Followers

Technical Sentiment

Overall Consensus
Strong Buy
16Bullish
4Neutral
2Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is 1.01, suggesting Formula Systems Ltd is a Sell.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 89.88, while Formula Systems Ltd’s (FORTY) share price is $97.11, making it a Buy.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 89.81, while Formula Systems Ltd’s (FORTY) share price is $97.11, making it a Buy.

Formula Systems (FORTY) Pivot Points

May 10, 2025, 03:58 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
86.32
88.86
90.14
92.68
93.96
96.50
97.78
Fibonacci
88.86
90.32
91.22
92.68
94.14
95.05
96.50
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Formula Systems (FORTY) Moving Averages

May 10, 2025, 03:58 PM
Period
Simple
Exponential
MA5
92.00Buy
92.78Buy
MA10
90.16Buy
91.11Buy
MA20
88.82Buy
89.88Buy
MA50
90.07Buy
89.81Buy
MA100
90.53Buy
89.08Buy
MA200
85.04Buy
84.64Buy
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 91.11, while Formula Systems Ltd’s (FORTY) share price is $97.11, making it a Buy.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 89.08, while Formula Systems Ltd’s (FORTY) share price is $97.11, making it a Buy.
Formula Systems Ltd’s (FORTY) stock price is $97.11 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 90.07, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $97.11 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 90.53, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $97.11 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 85.04, creating a Buy signal.

Formula Systems (FORTY) Technical Indicators

May 10, 2025, 03:58 PM
Name
Value
Implied Action
RSI (14)
66.96
Neutral
STOCH (9,6)
64.25
Neutral
STOCHRSI (14)
69.32
Neutral
MACD (12,26)
1.01
Sell
ADX (14)
18.12
Buy
Williams %R
-45.58
Buy
CCI (14)
267.09
Sell
ATR (14)
3.85
-
Ultimate Oscillator
41.29
Neutral
ROC
16.56
Buy
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 66.96, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 18.12, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is 267.09, creating a Sell signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is 16.56, creating a Buy signal.

FAQ

Is FORTY a Buy, Hold, or Sell?
Based on FORTY’s technical indicators, FORTY is a Strong Buy.
    What is FORTY’s RSI (14)?
    FORTY’s RSI (14) is 66.96, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is 1.01, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 92.00, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 88.82, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 90.07, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 85.04, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -45.58, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 267.09, which suggests FORTY is a Sell.
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