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Formula Systems Ltd (FORTY)
NASDAQ:FORTY
Holding FORTY?
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Formula Systems (FORTY) Technical Analysis

122 Followers

Technical Sentiment

Overall Consensus
Buy
12Bullish
5Neutral
5Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Buy
8Bullish
0Neutral
4Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is 2.73, suggesting Formula Systems Ltd is a Buy.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 92.37, while Formula Systems Ltd’s (FORTY) share price is $93.35, making it a Buy.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 87.57, while Formula Systems Ltd’s (FORTY) share price is $93.35, making it a Buy.

Formula Systems (FORTY) Pivot Points

Dec 21, 2024, 10:59 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
93.35
93.35
93.35
93.35
93.35
93.35
93.35
Fibonacci
93.35
93.35
93.35
93.35
93.35
93.35
93.35
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

Dec 21, 2024, 10:59 PM
Period
Simple
Exponential
MA5
94.48Sell
94.28Sell
MA10
95.53Sell
94.22Sell
MA20
92.56Buy
92.37Buy
MA50
86.32Buy
87.57Buy
MA100
80.89Buy
83.34Buy
MA200
78.86Buy
79.29Buy
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 94.22, while Formula Systems Ltd’s (FORTY) share price is $93.35, making it a Sell.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 83.34, while Formula Systems Ltd’s (FORTY) share price is $93.35, making it a Buy.
Formula Systems Ltd’s (FORTY) stock price is $93.35 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 86.32, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $93.35 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 80.89, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $93.35 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 78.86, creating a Buy signal.

Formula Systems (FORTY) Technical Indicators

Dec 21, 2024, 10:59 PM
Name
Value
Implied Action
RSI (14)
57.92
Neutral
STOCH (9,6)
12.48
Buy
STOCHRSI (14)
51.88
Neutral
MACD (12,26)
2.73
Buy
ADX (14)
32.71
Neutral
Williams %R
-61.51
Buy
CCI (14)
17.57
Neutral
ATR (14)
2.59
-
Ultimate Oscillator
43.00
Neutral
ROC
4.68
Buy
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 57.92, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 32.71, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is 17.57, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is 4.68, 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 57.92, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is 2.73, which suggests FORTY is a Buy.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 94.48, which suggests FORTY is a Sell.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 92.56, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 86.32, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 78.86, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -61.51, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 17.57, which suggests FORTY is a Neutral.
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