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Formula Systems (1985) Ltd. (IL:FORTY)
:FORTY
Israel Market
Holding IL:FORTY?
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Formula (FORTY) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
15Bullish
3Neutral
4Bearish
Technical Analysis Consensus
Sell
3Bullish
3Neutral
4Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Formula Systems (1985) Ltd.’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is 23.56, suggesting Formula Systems (1985) Ltd. is a Sell.
Formula Systems (1985) Ltd.’s (FORTY) 20-Day exponential moving average is 31826.44, while Formula Systems (1985) Ltd.’s (FORTY) share price is 322.5, making it a Buy.
Formula Systems (1985) Ltd.’s (FORTY) 50-Day exponential moving average is 31798.67, while Formula Systems (1985) Ltd.’s (FORTY) share price is 322.5, making it a Buy.

Formula (FORTY) Pivot Points

Jan 31, 2025, 04:10 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
30,693.33
31,256.67
31,753.33
32,316.67
32,813.33
33,376.67
33,873.33
Fibonacci
31,256.67
31,661.59
31,911.75
32,316.67
32,721.59
32,971.75
33,376.67
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 (FORTY) Moving Averages

Jan 31, 2025, 04:10 PM
Period
Simple
Exponential
MA5
31,938.00Buy
32,185.46Buy
MA10
31,866.00Buy
31,919.61Buy
MA20
31,608.00Buy
31,826.44Buy
MA50
32,382.00Buy
31,798.67Buy
MA100
31,177.47Buy
31,190.48Buy
MA200
29,676.18Buy
29,825.04Buy
Formula Systems (1985) Ltd.’s (FORTY) 10-Day exponential moving average is 31919.61, while Formula Systems (1985) Ltd.’s (FORTY) share price is 322.5, making it a Buy.
Formula Systems (1985) Ltd.’s (FORTY) 100-Day exponential moving average is 31190.48, while Formula Systems (1985) Ltd.’s (FORTY) share price is 322.5, making it a Buy.
Formula Systems (1985) Ltd.’s (FORTY) stock price is 322.5 and Formula Systems (1985) Ltd.’s (FORTY) 50-day simple moving average is 32382.00, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) stock price is 322.5 and Formula Systems (1985) Ltd.’s (FORTY) 100-day simple moving average is 31177.47, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) stock price is 322.5 and Formula Systems (1985) Ltd.’s (FORTY) 200-day simple moving average is 29676.18, creating a Buy signal.

Formula (FORTY) Technical Indicators

Jan 31, 2025, 04:10 PM
Name
Value
Implied Action
RSI (14)
6,027.22
Neutral
STOCH (9,6)
7,681.31
Neutral
STOCHRSI (14)
8,368.42
Sell
MACD (12,26)
23.56
Sell
ADX (14)
1,802.32
Buy
Williams %R
-172.41
Sell
CCI (14)
17,271.16
Sell
ATR (14)
851.91
-
Ultimate Oscillator
5,041.36
Neutral
ROC
849.52
Buy
Formula Systems (1985) Ltd.’s (FORTY) Relative Strength Index (RSI) is 6027.22, creating a Neutral signal.
Formula Systems (1985) Ltd.’s (FORTY) Trend Strength Indicator (ADX) is 1802.32, creating a Buy signal.
Formula Systems (1985) Ltd.’s (FORTY) Commodity Channel Index (CCI) is 17271.16, creating a Sell signal.
Formula Systems (1985) Ltd.’s (FORTY) Price Rate of Change (ROC) is 849.52, 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 6027.22, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is 23.56, which suggests FORTY is a Sell.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 31938.00, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 31608.00, which suggests FORTY is a Buy.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 32382.00, which suggests FORTY is a Buy.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 29676.18, which suggests FORTY is a Buy.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -172.41, which suggests FORTY is a Sell.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is 17271.16, which suggests FORTY is a Sell.
                    What is the share price of Formula Systems (1985) Ltd.?
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