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Formula Systems Ltd (FORTY)
NASDAQ:FORTY
US Market
Holding FORTY?
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Formula Systems (FORTY) Technical Analysis

125 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 -0.68, suggesting Formula Systems Ltd is a Sell.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 87.73, while Formula Systems Ltd’s (FORTY) share price is $89.37, making it a Buy.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 87.14, while Formula Systems Ltd’s (FORTY) share price is $89.37, making it a Buy.

Formula Systems (FORTY) Pivot Points

Jan 18, 2025, 06:10 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
87.78
87.78
87.78
87.78
87.78
87.78
87.78
Fibonacci
87.78
87.78
87.78
87.78
87.78
87.78
87.78
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

Jan 18, 2025, 06:10 PM
Period
Simple
Exponential
MA5
87.25Buy
87.63Buy
MA10
86.14Buy
87.15Buy
MA20
87.89Buy
87.73Buy
MA50
88.11Buy
87.14Buy
MA100
83.06Buy
84.39Buy
MA200
79.60Buy
80.66Buy
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 87.15, while Formula Systems Ltd’s (FORTY) share price is $89.37, making it a Buy.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 84.39, while Formula Systems Ltd’s (FORTY) share price is $89.37, making it a Buy.
Formula Systems Ltd’s (FORTY) stock price is $89.37 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 88.11, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $89.37 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 83.06, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $89.37 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 79.60, creating a Buy signal.

Formula Systems (FORTY) Technical Indicators

Jan 18, 2025, 06:10 PM
Name
Value
Implied Action
RSI (14)
53.43
Neutral
STOCH (9,6)
98.26
Sell
STOCHRSI (14)
64.04
Neutral
MACD (12,26)
-0.68
Sell
ADX (14)
15.07
Buy
Williams %R
-28.25
Buy
CCI (14)
34.31
Neutral
ATR (14)
3.14
-
Ultimate Oscillator
59.36
Neutral
ROC
3.57
Buy
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 53.43, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 15.07, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is 34.31, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is 3.57, 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 53.43, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -0.68, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 87.25, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 87.89, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 88.11, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 79.60, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -28.25, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 34.31, which suggests FORTY is a Neutral.
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