tiprankstipranks
Formula Systems (1985) Ltd. (IL:FORTY)
TASE:FORTY
Israel Market
Want to see IL:FORTY full AI Analyst Report?

Formula (FORTY) Technical Analysis

3 Followers

Summary of all the Indicators

Overall Consensus
Strong Sell
0Bullish
0Neutral
13Bearish
Technical Analysis Consensus
Strong Sell
0Bullish
0Neutral
1Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Formula Systems (1985) Ltd.’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -226.26, suggesting Formula Systems (1985) Ltd. is a Sell.
Formula Systems (1985) Ltd.’s (FORTY) 20-Day exponential moving average is 32833.97, while Formula Systems (1985) Ltd.’s (FORTY) share price is 33,240, making it a Sell.
Formula Systems (1985) Ltd.’s (FORTY) 50-Day exponential moving average is 33780.37, while Formula Systems (1985) Ltd.’s (FORTY) share price is 33,240, making it a Sell.

Formula (FORTY) Pivot Points

Aug 02, 2026, 05:47 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
Fibonacci
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

Aug 02, 2026, 05:47 AM
Period
Simple
Exponential
MA5
32,594.00Sell
32,479.99Sell
MA10
32,760.00Sell
32,667.39Sell
MA20
33,012.50Sell
32,833.97Sell
MA50
33,961.40Sell
33,780.37Sell
MA100
35,167.43Sell
35,363.68Sell
MA200
39,831.76Sell
38,414.34Sell
Formula Systems (1985) Ltd.’s (FORTY) 10-Day exponential moving average is 32667.39, while Formula Systems (1985) Ltd.’s (FORTY) share price is 33,240, making it a Sell.
Formula Systems (1985) Ltd.’s (FORTY) 100-Day exponential moving average is 35363.68, while Formula Systems (1985) Ltd.’s (FORTY) share price is 33,240, making it a Sell.
Formula Systems (1985) Ltd.’s (FORTY) stock price is 33,240 and Formula Systems (1985) Ltd.’s (FORTY) 50-day simple moving average is 33961.40, creating a Sell signal.
Formula Systems (1985) Ltd.’s (FORTY) stock price is 33,240 and Formula Systems (1985) Ltd.’s (FORTY) 100-day simple moving average is 35167.43, creating a Sell signal.
Formula Systems (1985) Ltd.’s (FORTY) stock price is 33,240 and Formula Systems (1985) Ltd.’s (FORTY) 200-day simple moving average is 39831.76, creating a Sell signal.

Formula (FORTY) Technical Indicators

Aug 02, 2026, 05:47 AM
Name
Value
Implied Action
RSI (14)
50.15
Neutral
STOCH (9,6)
61.66
Neutral
STOCHRSI (14)
61.66
Neutral
MACD (12,26)
-226.26
Sell
ADX (14)
11.92
Buy
Williams %R
-39.92
Buy
CCI (14)
34.64
Neutral
ATR (14)
1,165.99
-
Ultimate Oscillator
67.97
Neutral
ROC
-4.55
Sell
Formula Systems (1985) Ltd.’s (FORTY) Relative Strength Index (RSI) is 50.15, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Trend Strength Indicator (ADX) is 11.92, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) Commodity Channel Index (CCI) is 34.64, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Price Rate of Change (ROC) is -4.55, 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 50.15, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -226.26, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 32594.00, which suggests FORTY is a Sell.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 33012.50, which suggests FORTY is a Sell.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 33961.40, which suggests FORTY is a Sell.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 39831.76, which suggests FORTY is a Sell.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -39.92, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 34.64, which suggests FORTY is a Neutral.
                    What is the share price of Formula Systems (1985) Ltd.?