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Formula Systems Ltd (FORTY)
NASDAQ:FORTY
US Market

Formula Systems (FORTY) Technical Analysis

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126 Followers

Technical Sentiment

Overall Consensus
Sell
6Bullish
5Neutral
11Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -0.82, suggesting Formula Systems Ltd is a Buy.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 93.86, while Formula Systems Ltd’s (FORTY) share price is $89.46, making it a Sell.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 93.21, while Formula Systems Ltd’s (FORTY) share price is $89.46, making it a Sell.

Formula Systems (FORTY) Pivot Points

Mar 27, 2025, 12:49 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
84.38
86.06
87.74
89.42
91.10
92.78
94.46
Fibonacci
86.06
87.34
88.14
89.42
90.70
91.50
92.78
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

Mar 27, 2025, 12:49 PM
Period
Simple
Exponential
MA5
91.16Sell
91.20Sell
MA10
94.41Sell
92.80Sell
MA20
94.13Sell
93.86Sell
MA50
93.59Sell
93.21Sell
MA100
90.77Sell
90.39Sell
MA200
83.40Buy
85.07Buy
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 92.80, while Formula Systems Ltd’s (FORTY) share price is $89.46, making it a Sell.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 90.39, while Formula Systems Ltd’s (FORTY) share price is $89.46, making it a Sell.
Formula Systems Ltd’s (FORTY) stock price is $89.46 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 93.59, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $89.46 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 90.77, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $89.46 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 83.40, creating a Buy signal.

Formula Systems (FORTY) Technical Indicators

Mar 27, 2025, 12:49 PM
Name
Value
Implied Action
RSI (14)
39.27
Neutral
STOCH (9,6)
31.32
Neutral
STOCHRSI (14)
31.32
Neutral
MACD (12,26)
-0.82
Buy
ADX (14)
23.50
Neutral
Williams %R
-71.46
Buy
CCI (14)
-112.46
Buy
ATR (14)
3.23
-
Ultimate Oscillator
52.75
Neutral
ROC
0.25
Buy
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 39.27, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 23.50, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is -112.46, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is 0.25, creating a Buy 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 39.27, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -0.82, which suggests FORTY is a Buy.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 91.16, which suggests FORTY is a Sell.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 94.13, which suggests FORTY is a Sell.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 93.59, which suggests FORTY is a Sell.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 83.40, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -71.46, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is -112.46, which suggests FORTY is a Buy.
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