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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
4Bullish
4Neutral
14Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Formula Systems (1985) Ltd.’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -182.37, suggesting Formula Systems (1985) Ltd. is a Buy.
Formula Systems (1985) Ltd.’s (FORTY) 20-Day exponential moving average is 37230.64, 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 37357.23, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Sell.

Formula (FORTY) Pivot Points

Jun 11, 2026, 08:31 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
31,920.00
33,760.00
34,780.00
36,620.00
37,640.00
39,480.00
40,500.00
Fibonacci
33,760.00
34,852.52
35,527.48
36,620.00
37,712.52
38,387.48
39,480.00
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

Jun 11, 2026, 08:31 PM
Period
Simple
Exponential
MA5
36,930.00Sell
36,443.40Sell
MA10
37,145.00Sell
36,960.90Sell
MA20
37,358.80Sell
37,230.64Sell
MA50
36,740.68Sell
37,357.23Sell
MA100
38,148.44Sell
38,326.42Sell
MA200
41,131.80Sell
39,881.57Sell
Formula Systems (1985) Ltd.’s (FORTY) 10-Day exponential moving average is 36960.90, while Formula Systems (1985) Ltd.’s (FORTY) share price is 54,000, making it a Sell.
Formula Systems (1985) Ltd.’s (FORTY) 100-Day exponential moving average is 38326.42, 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 36740.68, 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 38148.44, 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 41131.80, creating a Sell signal.

Formula (FORTY) Technical Indicators

Jun 11, 2026, 08:31 PM
Name
Value
Implied Action
RSI (14)
38.54
Neutral
STOCH (9,6)
32.69
Neutral
STOCHRSI (14)
27.51
Neutral
MACD (12,26)
-182.37
Buy
ADX (14)
11.22
Buy
Williams %R
-80.35
Buy
CCI (14)
-265.22
Buy
ATR (14)
1,770.20
-
Ultimate Oscillator
53.00
Neutral
ROC
-9.21
Sell
Formula Systems (1985) Ltd.’s (FORTY) Relative Strength Index (RSI) is 38.54, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Trend Strength Indicator (ADX) is 11.22, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) Commodity Channel Index (CCI) is -265.22, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) Price Rate of Change (ROC) is -9.21, 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 38.54, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -182.37, which suggests FORTY is a Buy.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 36930.00, which suggests FORTY is a Sell.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 37358.80, which suggests FORTY is a Sell.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 36740.68, which suggests FORTY is a Sell.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 41131.80, which suggests FORTY is a Sell.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -80.35, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is -265.22, which suggests FORTY is a Buy.
                    What is the share price of Formula Systems (1985) Ltd.?