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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
Buy
12Bullish
2Neutral
7Bearish
Technical Analysis Consensus
Sell
3Bullish
2Neutral
4Bearish
Moving Average Consensus
Buy
9Bullish
0Neutral
3Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is 0.64, suggesting Formula Systems Ltd is a Sell.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 126.02, 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 130.17, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Buy.

Formula Systems (FORTY) Pivot Points

Apr 29, 2026, 12:31 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
128.33
129.27
131.13
132.07
133.93
134.87
136.73
Fibonacci
129.27
130.34
131.00
132.07
133.14
133.80
134.87
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 29, 2026, 12:31 AM
Period
Simple
Exponential
MA5
128.68Buy
130.35Buy
MA10
126.14Buy
127.47Buy
MA20
124.17Buy
126.02Buy
MA50
124.53Buy
130.17Buy
MA100
146.19Sell
135.89Sell
MA200
140.35Sell
130.84Buy
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 127.47, 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 135.89, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Sell.
Formula Systems Ltd’s (FORTY) stock price is $167.92 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 124.53, 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 146.19, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $167.92 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 140.35, creating a Sell signal.

Formula Systems (FORTY) Technical Indicators

Apr 29, 2026, 12:31 AM
Name
Value
Implied Action
RSI (14)
59.91
Neutral
STOCH (9,6)
94.24
Sell
STOCHRSI (14)
96.26
Sell
MACD (12,26)
0.64
Sell
ADX (14)
12.49
Buy
Williams %R
0.00
Sell
CCI (14)
188.63
Sell
ATR (14)
5.67
-
Ultimate Oscillator
56.11
Neutral
ROC
11.92
Buy
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 59.91, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 12.49, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is 188.63, creating a Sell signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is 11.92, creating a Buy signal.

FAQ

Is FORTY a Buy, Hold, or Sell?
Based on FORTY’s technical indicators, FORTY is a Buy.
    What is FORTY’s RSI (14)?
    FORTY’s RSI (14) is 59.91, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is 0.64, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 128.68, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 124.17, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 124.53, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 140.35, which suggests FORTY is a Sell.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is 0.00, which suggests FORTY is a Sell.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 188.63, which suggests FORTY is a Sell.