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Formula Systems Ltd (FORTY)
NASDAQ:FORTY

Formula Systems (FORTY) Technical Analysis

118 Followers

Technical Sentiment

Overall Consensus
Buy
14Bullish
3Neutral
5Bearish
Technical Analysis Consensus
Sell
2Bullish
3Neutral
5Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is 1.94, suggesting Formula Systems Ltd is a Sell.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 76.59, while Formula Systems Ltd’s (FORTY) share price is $80.21, making it a Buy.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 75.62, while Formula Systems Ltd’s (FORTY) share price is $80.21, making it a Buy.

Formula Systems (FORTY) Pivot Points

Jul 20, 2024, 07:19 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
77.40
78.70
80.00
81.30
82.60
83.90
85.20
Fibonacci
78.70
79.69
80.31
81.30
82.29
82.91
83.90
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 Systems (FORTY) Moving Averages

Jul 20, 2024, 07:19 AM
Period
Simple
Exponential
MA5
80.66Buy
80.34Buy
MA10
78.63Buy
78.60Buy
MA20
74.90Buy
76.59Buy
MA50
76.12Buy
75.62Buy
MA100
76.75Buy
74.86Buy
MA200
70.09Buy
71.98Buy
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 78.60, while Formula Systems Ltd’s (FORTY) share price is $80.21, making it a Buy.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 74.86, while Formula Systems Ltd’s (FORTY) share price is $80.21, making it a Buy.
Formula Systems Ltd’s (FORTY) stock price is $80.21 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 76.12, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $80.21 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 76.75, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $80.21 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 70.09, creating a Buy signal.

Formula Systems (FORTY) Technical Indicators

Jul 20, 2024, 07:19 AM
Name
Value
Implied Action
RSI (14)
61.71
Neutral
STOCH (9,6)
89.63
Sell
STOCHRSI (14)
89.63
Sell
MACD (12,26)
1.94
Sell
ADX (14)
31.35
Neutral
Williams %R
-7.79
Sell
CCI (14)
108.86
Sell
ATR (14)
3.54
-
Ultimate Oscillator
60.33
Neutral
ROC
15.41
Buy
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 61.71, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 31.35, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is 108.86, creating a Sell signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is 15.41, 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 61.71, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is 1.94, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 80.66, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 74.90, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 76.12, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 70.09, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -7.79, which suggests FORTY is a Sell.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 108.86, which suggests FORTY is a Sell.
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