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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
14Bullish
5Neutral
3Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is 0.56, suggesting Formula Systems Ltd is a Buy.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 82.35, while Formula Systems Ltd’s (FORTY) share price is $82.73, making it a Buy.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 80.48, while Formula Systems Ltd’s (FORTY) share price is $82.73, making it a Buy.

Formula Systems (FORTY) Pivot Points

Nov 21, 2024, 10:56 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
82.83
82.83
82.83
82.83
82.83
82.83
82.83
Fibonacci
82.83
82.83
82.83
82.83
82.83
82.83
82.83
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

Nov 21, 2024, 10:56 AM
Period
Simple
Exponential
MA5
81.43Buy
82.16Buy
MA10
82.90Sell
82.47Buy
MA20
83.51Sell
82.35Buy
MA50
79.64Buy
80.48Buy
MA100
78.05Buy
78.43Buy
MA200
76.68Buy
75.48Buy
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 82.47, while Formula Systems Ltd’s (FORTY) share price is $82.73, making it a Buy.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 78.43, while Formula Systems Ltd’s (FORTY) share price is $82.73, making it a Buy.
Formula Systems Ltd’s (FORTY) stock price is $82.73 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 79.64, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $82.73 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 78.05, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $82.73 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 76.68, creating a Buy signal.

Formula Systems (FORTY) Technical Indicators

Nov 21, 2024, 10:56 AM
Name
Value
Implied Action
RSI (14)
52.06
Neutral
STOCH (9,6)
39.23
Neutral
STOCHRSI (14)
39.23
Neutral
MACD (12,26)
0.56
Buy
ADX (14)
18.17
Buy
Williams %R
-56.34
Buy
CCI (14)
-21.46
Neutral
ATR (14)
2.14
-
Ultimate Oscillator
44.10
Neutral
ROC
-4.90
Sell
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 52.06, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 18.17, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is -21.46, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is -4.90, creating a Sell 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 52.06, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is 0.56, which suggests FORTY is a Buy.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 81.43, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 83.51, which suggests FORTY is a Sell.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 79.64, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 76.68, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -56.34, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is -21.46, which suggests FORTY is a Neutral.
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