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(FORTY) Formula Systems complete technical analysis [charts+indicators] | Buy/Sell Formula Systems | (FORTY) share price targets

Complete technical analysis of Formula Systems (FORTY) by charts plus indicators, forecast predictions and share price targets for Formula Systems (FORTY)

Formula Systems trades in USA in Technology sector.

10 day averaged volume of Formula Systems is 1100

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	99.43	99.43	99.43	99.43	0.091 times
19 Wed Feb 2025	99.92	99.92	99.92	99.92	0.091 times
18 Tue Feb 2025	99.99	98.00	99.99	98.00	0.455 times
14 Fri Feb 2025	99.12	98.09	100.00	98.09	1.636 times
13 Thu Feb 2025	96.20	95.09	96.20	95.09	1.091 times
12 Wed Feb 2025	95.30	92.69	95.30	92.69	2.091 times
11 Tue Feb 2025	97.35	97.35	97.35	97.35	0.455 times
10 Mon Feb 2025	97.52	97.52	97.52	97.52	0.182 times
07 Fri Feb 2025	95.73	95.70	95.73	95.70	1 times
06 Thu Feb 2025	96.00	94.97	96.00	94.97	0.455 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 98.3, but if it comes below 98.3, then a intra day sell could be more profitable.
If you take a sell trade below 98.3, then use 98.3 as stoploss and 94.08 as target. However if you take a buy trade in stock , then use 98.3 as stoploss and 103.4 as target.

Share price targets for Formula Systems (FORTY)

Target Type	Value
Downside Target	74.22
Downside Target	77.50
Downside Target	80.15
Downside Target	85.72
Downside Target	92.31
Downside Target	92.69
Downside Target	96.50
Downside Target	96.54
Downside Target	98.00
Upside Target	99.99
Upside Target	100.00

Intraday share price targets for Formula Systems (FORTY)

Target Type	Value
Downside Intraday Target	98.29
Downside Intraday Target	97.15
Upside Intraday Target	100.28
Upside Intraday Target	101.13
Downside Intraday Target	99.14

Weekly technical analysis of Formula Systems (FORTY)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	99.43	98.00	99.99	98.00	0.117 times
14 Fri Feb 2025	99.12	97.52	100.00	92.69	1.132 times
07 Fri Feb 2025	95.73	90.00	96.54	90.00	0.746 times
31 Fri Jan 2025	91.27	87.60	92.31	87.10	6.455 times
23 Thu Jan 2025	86.98	85.72	90.55	85.72	3.667 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Formula Systems (FORTY)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	99.43	90.00	100.00	90.00	0.758 times
31 Fri Jan 2025	91.27	83.70	92.31	80.15	8.737 times
30 Mon Dec 2024	89.00	95.55	96.50	89.00	0.324 times
26 Tue Nov 2024	87.27	84.44	87.70	77.50	0.596 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Formula Systems (FORTY)

Price action analysis of Formula Systems ( (FORTY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Formula Systems ( (FORTY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Formula Systems ( (FORTY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Formula Systems stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Formula Systems in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Formula Systems Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Formula Systems in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Formula Systems is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 96.92 and Formula Systems (FORTY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Formula Systems (FORTY) stock. Volume based technical analysis of Formula Systems (FORTY) stock is negative.

Formula Systems Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.