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
Buy
11Bullish
4Neutral
7Bearish
Technical Analysis Consensus
Neutral
3Bullish
4Neutral
3Bearish
Moving Average Consensus
Buy
8Bullish
0Neutral
4Bearish
Formula Systems (1985) Ltd.’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -252.68, suggesting Formula Systems (1985) Ltd. is a Sell.
Formula Systems (1985) Ltd.’s (FORTY) 20-Day exponential moving average is 38682.52, 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 40533.39, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Buy.

Formula (FORTY) Pivot Points

May 01, 2026, 06:55 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
37,703.33
38,226.67
38,623.33
39,146.67
39,543.33
40,066.67
40,463.33
Fibonacci
38,226.67
38,578.11
38,795.23
39,146.67
39,498.11
39,715.23
40,066.67
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

May 01, 2026, 06:55 AM
Period
Simple
Exponential
MA5
38,770.00Buy
39,317.45Buy
MA10
38,276.00Buy
38,716.47Buy
MA20
38,792.50Buy
38,682.52Buy
MA50
39,049.40Buy
40,533.39Buy
MA100
46,184.74Sell
42,888.99Sell
MA200
45,281.98Sell
42,546.31Sell
Formula Systems (1985) Ltd.’s (FORTY) 10-Day exponential moving average is 38716.47, 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 42888.99, 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 39049.40, 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 46184.74, 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 45281.98, creating a Sell signal.

Formula (FORTY) Technical Indicators

May 01, 2026, 06:55 AM
Name
Value
Implied Action
RSI (14)
58.12
Neutral
STOCH (9,6)
86.70
Sell
STOCHRSI (14)
75.27
Neutral
MACD (12,26)
-252.68
Sell
ADX (14)
14.05
Buy
Williams %R
-7.18
Sell
CCI (14)
94.97
Neutral
ATR (14)
2,132.42
-
Ultimate Oscillator
53.47
Neutral
ROC
4.95
Buy
Formula Systems (1985) Ltd.’s (FORTY) Relative Strength Index (RSI) is 58.12, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Trend Strength Indicator (ADX) is 14.05, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) Commodity Channel Index (CCI) is 94.97, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Price Rate of Change (ROC) is 4.95, 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 58.12, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -252.68, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 38770.00, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 38792.50, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 39049.40, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 45281.98, which suggests FORTY is a Sell.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -7.18, which suggests FORTY is a Sell.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 94.97, which suggests FORTY is a Neutral.
                    What is the share price of Formula Systems (1985) Ltd.?