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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
Sell
6Bullish
6Neutral
10Bearish
Technical Analysis Consensus
Neutral
2Bullish
6Neutral
2Bearish
Moving Average Consensus
Sell
4Bullish
0Neutral
8Bearish
Formula Systems (1985) Ltd.’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -1424.15, suggesting Formula Systems (1985) Ltd. is a Sell.
Formula Systems (1985) Ltd.’s (FORTY) 20-Day exponential moving average is 32856.36, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Sell.
Formula Systems (1985) Ltd.’s (FORTY) 50-Day exponential moving average is 34815.10, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Sell.

Formula (FORTY) Pivot Points

Jul 03, 2026, 02:43 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
29,696.67
30,343.33
31,356.67
32,003.33
33,016.67
33,663.33
34,676.67
Fibonacci
30,343.33
30,977.45
31,369.21
32,003.33
32,637.45
33,029.21
33,663.33
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

Jul 03, 2026, 02:43 AM
Period
Simple
Exponential
MA5
31,190.00Buy
31,723.40Buy
MA10
31,178.00Buy
31,793.56Buy
MA20
33,081.50Sell
32,856.36Sell
MA50
35,906.22Sell
34,815.10Sell
MA100
35,704.97Sell
36,603.10Sell
MA200
40,638.57Sell
39,161.76Sell
Formula Systems (1985) Ltd.’s (FORTY) 10-Day exponential moving average is 31793.56, 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 36603.10, 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 35906.22, 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 35704.97, 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 40638.57, creating a Sell signal.

Formula (FORTY) Technical Indicators

Jul 03, 2026, 02:43 AM
Name
Value
Implied Action
RSI (14)
45.50
Neutral
STOCH (9,6)
73.91
Neutral
STOCHRSI (14)
40.83
Neutral
MACD (12,26)
-1,424.15
Sell
ADX (14)
22.90
Neutral
Williams %R
-47.88
Buy
CCI (14)
-19.76
Neutral
ATR (14)
1,441.48
-
Ultimate Oscillator
44.10
Neutral
ROC
-6.46
Sell
Formula Systems (1985) Ltd.’s (FORTY) Relative Strength Index (RSI) is 45.50, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Trend Strength Indicator (ADX) is 22.90, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Commodity Channel Index (CCI) is -19.76, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Price Rate of Change (ROC) is -6.46, creating a Sell signal.

FAQ

Is FORTY a Buy, Hold, or Sell?
Based on FORTY’s technical indicators, FORTY is a Sell.
    What is FORTY’s RSI (14)?
    FORTY’s RSI (14) is 45.50, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -1424.15, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 31190.00, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 33081.50, which suggests FORTY is a Sell.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 35906.22, which suggests FORTY is a Sell.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 40638.57, which suggests FORTY is a Sell.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -47.88, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is -19.76, which suggests FORTY is a Neutral.
                    What is the share price of Formula Systems (1985) Ltd.?