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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.

Showing technical analysis as on 2025-02-25 View latest technical analysis

10 day averaged volume of Formula Systems is 740

Date Daily Closing Price Open High Low Volume
25 Tue Feb 2025 96.60 96.60 96.60 96.60 0.135 times
24 Mon Feb 2025 96.76 96.62 97.04 96.50 0.811 times
21 Fri Feb 2025 99.77 99.77 99.77 99.77 0.135 times
20 Thu Feb 2025 99.43 99.43 99.43 99.43 0.135 times
19 Wed Feb 2025 99.92 99.92 99.92 99.92 0.135 times
18 Tue Feb 2025 99.99 98.00 99.99 98.00 0.676 times
14 Fri Feb 2025 99.12 98.09 100.00 98.09 2.432 times
13 Thu Feb 2025 96.20 95.09 96.20 95.09 1.622 times
12 Wed Feb 2025 95.30 92.69 95.30 92.69 3.108 times
11 Tue Feb 2025 97.35 97.35 97.35 97.35 0.676 times

My analysis of stock is bullish for shortterm, and stock might move up till 99.1 or till 103.6. Use a stoploss of 95.42 and if this stock hits its stoploss, then it can fall down till 91.7

Share price targets for Formula Systems (FORTY)

Target Type Value
Downside Target 74.22
Downside Target 77.50
Downside Target 80.15
Downside Target 87.10
Downside Target 92.31
Downside Target 96.50
Downside Target 96.54
Upside Target 97.04
Upside 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 96.39
Downside Intraday Target 96.17
Upside Intraday Target 96.93
Upside Intraday Target 97.25
Upside Intraday Target 96.71

Weekly technical analysis of Formula Systems (FORTY)

Date Weekly Closing Price Open High Low Volume
25 Tue Feb 2025 96.60 96.62 97.04 96.50 0.875 times
21 Fri Feb 2025 99.77 98.00 99.99 98.00 0.133 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

Price has moved down 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
25 Tue Feb 2025 96.60 90.00 100.00 90.00 0.808 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Formula Systems in short term but the sell signal is initial and weak.

Formula Systems Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 and SELL signal is strong!

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 97.17 and Formula Systems (FORTY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

Price action analysis of Formula Systems ( (FORTY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Formula Systems in short term but the sell signal is initial and weak.

Formula Systems Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 and SELL signal is strong!

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 97.17 and Formula Systems (FORTY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

Daily charts

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