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

Formula (FORTY) Technical Analysis

3 Followers

Summary of all the Indicators

Overall Consensus
Neutral
9Bullish
5Neutral
8Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Formula Systems (1985) Ltd.’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -600.00, suggesting Formula Systems (1985) Ltd. is a Sell.
Formula Systems (1985) Ltd.’s (FORTY) 20-Day exponential moving average is 38991.19, 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 41298.32, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Sell.

Formula (FORTY) Pivot Points

Apr 09, 2026, 11:29 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
36,113.33
36,806.67
38,193.33
38,886.67
40,273.33
40,966.67
42,353.33
Fibonacci
36,806.67
37,601.23
38,092.11
38,886.67
39,681.23
40,172.11
40,966.67
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

Apr 09, 2026, 11:29 AM
Period
Simple
Exponential
MA5
38,068.00Buy
38,623.53Buy
MA10
38,586.00Buy
38,685.17Buy
MA20
39,217.00Sell
38,991.19Buy
MA50
40,880.80Sell
41,298.32Sell
MA100
47,036.38Sell
43,607.57Sell
MA200
45,277.17Sell
42,506.89Sell
Formula Systems (1985) Ltd.’s (FORTY) 10-Day exponential moving average is 38685.17, 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 43607.57, 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 40880.80, creating a Sell 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 47036.38, 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 45277.17, creating a Sell signal.

Formula (FORTY) Technical Indicators

Apr 09, 2026, 11:29 AM
Name
Value
Implied Action
RSI (14)
48.97
Neutral
STOCH (9,6)
47.13
Neutral
STOCHRSI (14)
47.13
Neutral
MACD (12,26)
-600.00
Sell
ADX (14)
15.00
Buy
Williams %R
-48.86
Buy
CCI (14)
-16.49
Neutral
ATR (14)
2,192.43
-
Ultimate Oscillator
48.57
Neutral
ROC
1.35
Buy
Formula Systems (1985) Ltd.’s (FORTY) Relative Strength Index (RSI) is 48.97, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Trend Strength Indicator (ADX) is 15.00, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) Commodity Channel Index (CCI) is -16.49, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Price Rate of Change (ROC) is 1.35, creating a Buy signal.

FAQ

Is FORTY a Buy, Hold, or Sell?
Based on FORTY’s technical indicators, FORTY is a Hold.
    What is FORTY’s RSI (14)?
    FORTY’s RSI (14) is 48.97, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -600.00, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 38068.00, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 39217.00, which suggests FORTY is a Sell.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 40880.80, which suggests FORTY is a Sell.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 45277.17, which suggests FORTY is a Sell.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -48.86, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is -16.49, which suggests FORTY is a Neutral.
                    What is the share price of Formula Systems (1985) Ltd.?