Formula Systems Ltd (FORTY)
NASDAQ:FORTY
US Market

Formula Systems (FORTY) Technical Analysis

Compare
126 Followers

Technical Sentiment

Overall Consensus
Strong Sell
1Bullish
0Neutral
12Bearish
Technical Analysis Consensus
Strong Sell
0Bullish
0Neutral
1Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -1.52, suggesting Formula Systems Ltd is a Buy.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 90.93, while Formula Systems Ltd’s (FORTY) share price is $84.17, making it a Sell.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 91.99, while Formula Systems Ltd’s (FORTY) share price is $84.17, making it a Sell.

Formula Systems (FORTY) Pivot Points

Apr 07, 2025, 02:35 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
85.50
86.25
87.00
87.75
88.50
89.25
90.00
Fibonacci
86.25
86.82
87.18
87.75
88.32
88.68
89.25
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

Apr 07, 2025, 02:35 AM
Period
Simple
Exponential
MA5
87.75Sell
87.38Sell
MA10
88.78Sell
88.99Sell
MA20
92.42Sell
90.93Sell
MA50
93.59Sell
91.99Sell
MA100
90.94Sell
90.11Sell
MA200
84.03Buy
85.13Sell
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 88.99, while Formula Systems Ltd’s (FORTY) share price is $84.17, making it a Sell.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 90.11, while Formula Systems Ltd’s (FORTY) share price is $84.17, making it a Sell.
Formula Systems Ltd’s (FORTY) stock price is $84.17 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 93.59, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $84.17 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 90.94, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $84.17 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 84.03, creating a Buy signal.

Formula Systems (FORTY) Technical Indicators

Apr 07, 2025, 02:35 AM
Name
Value
Implied Action
RSI (14)
41.29
Neutral
STOCH (9,6)
32.24
Neutral
STOCHRSI (14)
24.41
Neutral
MACD (12,26)
-1.52
Buy
ADX (14)
27.09
Neutral
Williams %R
-72.20
Buy
CCI (14)
-81.26
Neutral
ATR (14)
2.84
-
Ultimate Oscillator
58.34
Neutral
ROC
-14.98
Sell
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 41.29, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 27.09, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is -81.26, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is -14.98, creating a Sell signal.

FAQ

Is FORTY a Buy, Hold, or Sell?
Based on FORTY’s technical indicators, FORTY is a Strong Sell.
    What is FORTY’s RSI (14)?
    FORTY’s RSI (14) is 41.29, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -1.52, which suggests FORTY is a Buy.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 87.75, which suggests FORTY is a Sell.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 92.42, which suggests FORTY is a Sell.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 93.59, which suggests FORTY is a Sell.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 84.03, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -72.20, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is -81.26, which suggests FORTY is a Neutral.
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