tiprankstipranks
Formula Systems Ltd (FORTY)
NASDAQ:FORTY
US Market
Holding FORTY?
Track your performance easily

Formula Systems (FORTY) Technical Analysis

126 Followers

Technical Sentiment

Overall Consensus
Buy
10Bullish
5Neutral
7Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Buy
7Bullish
0Neutral
5Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -0.31, suggesting Formula Systems Ltd is a Sell.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 87.86, while Formula Systems Ltd’s (FORTY) share price is $87.7, making it a Sell.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 87.32, while Formula Systems Ltd’s (FORTY) share price is $87.7, making it a Buy.

Formula Systems (FORTY) Pivot Points

Jan 29, 2025, 08:44 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
78.37
81.24
84.11
86.98
89.85
92.72
95.59
Fibonacci
81.24
83.43
84.79
86.98
89.17
90.53
92.72
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

Jan 29, 2025, 08:44 PM
Period
Simple
Exponential
MA5
88.20Sell
87.72Sell
MA10
87.72Sell
87.64Buy
MA20
86.71Buy
87.86Sell
MA50
88.43Sell
87.32Buy
MA100
83.68Buy
84.79Buy
MA200
79.81Buy
81.07Buy
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 87.64, while Formula Systems Ltd’s (FORTY) share price is $87.7, making it a Buy.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 84.79, while Formula Systems Ltd’s (FORTY) share price is $87.7, making it a Buy.
Formula Systems Ltd’s (FORTY) stock price is $87.7 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 88.43, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $87.7 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 83.68, creating a Buy signal.
Formula Systems Ltd’s (FORTY) stock price is $87.7 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 79.81, creating a Buy signal.

Formula Systems (FORTY) Technical Indicators

Jan 29, 2025, 08:44 PM
Name
Value
Implied Action
RSI (14)
49.30
Neutral
STOCH (9,6)
57.83
Neutral
STOCHRSI (14)
67.98
Neutral
MACD (12,26)
-0.31
Sell
ADX (14)
12.60
Buy
Williams %R
-27.40
Buy
CCI (14)
41.26
Neutral
ATR (14)
3.09
-
Ultimate Oscillator
58.13
Neutral
ROC
4.78
Buy
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 49.30, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 12.60, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is 41.26, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is 4.78, 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 49.30, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -0.31, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 88.20, which suggests FORTY is a Sell.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 86.71, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 88.43, which suggests FORTY is a Sell.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 79.81, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -27.40, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 41.26, which suggests FORTY is a Neutral.
                    What am I Missing?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis