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

134 Followers

Technical Sentiment

Overall Consensus
Strong Buy
17Bullish
5Neutral
0Bearish
Technical Analysis Consensus
Buy
5Bullish
5Neutral
0Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is 3.17, suggesting Formula Systems Ltd is a Buy.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 139.98, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Buy.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 136.45, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Buy.

Formula Systems (FORTY) Pivot Points

May 19, 2026, 07:03 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
126.55
129.91
133.28
136.64
140.01
143.37
146.74
Fibonacci
129.91
132.48
134.07
136.64
139.21
140.80
143.37
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 19, 2026, 07:03 PM
Period
Simple
Exponential
MA5
141.29Buy
141.97Buy
MA10
143.89Buy
142.08Buy
MA20
141.13Buy
139.98Buy
MA50
131.83Buy
136.45Buy
MA100
140.60Buy
137.67Buy
MA200
141.80Buy
136.02Buy
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 142.08, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Buy.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 137.67, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Buy.
Formula Systems Ltd’s (FORTY) stock price is $167.92 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 131.83, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $167.92 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 140.60, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $167.92 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 141.80, creating a Buy signal.

Formula Systems (FORTY) Technical Indicators

May 19, 2026, 07:03 PM
Name
Value
Implied Action
RSI (14)
56.55
Neutral
STOCH (9,6)
31.50
Neutral
STOCHRSI (14)
41.27
Neutral
MACD (12,26)
3.17
Buy
ADX (14)
16.65
Buy
Williams %R
-41.73
Buy
CCI (14)
58.25
Neutral
ATR (14)
5.41
-
Ultimate Oscillator
54.82
Neutral
ROC
9.06
Buy
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 56.55, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 16.65, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is 58.25, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is 9.06, 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 56.55, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is 3.17, which suggests FORTY is a Buy.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 141.29, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 141.13, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 131.83, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 141.80, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -41.73, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 58.25, which suggests FORTY is a Neutral.