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Formula Systems (1985) Ltd. (IL:FORTY)
TASE:FORTY
Israel Market
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Formula (FORTY) Technical Analysis

3 Followers

Summary of all the Indicators

Overall Consensus
Buy
13Bullish
5Neutral
4Bearish
Technical Analysis Consensus
Buy
5Bullish
5Neutral
0Bearish
Moving Average Consensus
Buy
8Bullish
0Neutral
4Bearish
Formula Systems (1985) Ltd.’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is 415.96, suggesting Formula Systems (1985) Ltd. is a Buy.
Formula Systems (1985) Ltd.’s (FORTY) 20-Day exponential moving average is 41306.07, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Buy.
Formula Systems (1985) Ltd.’s (FORTY) 50-Day exponential moving average is 41188.10, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Buy.

Formula (FORTY) Pivot Points

May 21, 2026, 07:00 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
40,400.00
41,050.00
41,700.00
42,350.00
43,000.00
43,650.00
44,300.00
Fibonacci
41,050.00
41,546.60
41,853.40
42,350.00
42,846.60
43,153.40
43,650.00
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 (FORTY) Moving Averages

May 21, 2026, 07:00 PM
Period
Simple
Exponential
MA5
41,068.00Buy
41,613.74Buy
MA10
41,754.00Buy
41,573.14Buy
MA20
41,696.50Buy
41,306.07Buy
MA50
40,107.00Buy
41,188.10Buy
MA100
43,681.93Sell
42,496.04Sell
MA200
45,201.03Sell
43,585.97Sell
Formula Systems (1985) Ltd.’s (FORTY) 10-Day exponential moving average is 41573.14, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Buy.
Formula Systems (1985) Ltd.’s (FORTY) 100-Day exponential moving average is 42496.04, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Sell.
Formula Systems (1985) Ltd.’s (FORTY) stock price is 54,000 and Formula Systems (1985) Ltd.’s (FORTY) 50-day simple moving average is 40107.00, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) stock price is 54,000 and Formula Systems (1985) Ltd.’s (FORTY) 100-day simple moving average is 43681.93, creating a Sell signal.
Formula Systems (1985) Ltd.’s (FORTY) stock price is 54,000 and Formula Systems (1985) Ltd.’s (FORTY) 200-day simple moving average is 45201.03, creating a Sell signal.

Formula (FORTY) Technical Indicators

May 21, 2026, 07:00 PM
Name
Value
Implied Action
RSI (14)
53.85
Neutral
STOCH (9,6)
60.03
Neutral
STOCHRSI (14)
59.56
Neutral
MACD (12,26)
415.96
Buy
ADX (14)
13.68
Buy
Williams %R
-39.53
Buy
CCI (14)
26.20
Neutral
ATR (14)
1,737.61
-
Ultimate Oscillator
45.29
Neutral
ROC
1.40
Buy
Formula Systems (1985) Ltd.’s (FORTY) Relative Strength Index (RSI) is 53.85, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Trend Strength Indicator (ADX) is 13.68, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) Commodity Channel Index (CCI) is 26.20, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Price Rate of Change (ROC) is 1.40, 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 53.85, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is 415.96, which suggests FORTY is a Buy.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 41068.00, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 41696.50, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 40107.00, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 45201.03, which suggests FORTY is a Sell.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -39.53, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 26.20, which suggests FORTY is a Neutral.
                    What is the share price of Formula Systems (1985) Ltd.?