(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 2025-03-13 View latest technical analysis
10 day averaged volume of Formula Systems is 340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Mar 2025 | 97.24 | 99.43 | 99.43 | 97.24 | 0.882 times |
| 12 Wed Mar 2025 | 98.99 | 98.99 | 98.99 | 98.99 | 0.588 times |
| 11 Tue Mar 2025 | 96.48 | 93.40 | 96.48 | 93.40 | 1.471 times |
| 07 Fri Mar 2025 | 91.25 | 91.25 | 91.25 | 91.25 | 0.294 times |
| 04 Tue Mar 2025 | 92.00 | 89.81 | 93.75 | 89.81 | 1.765 times |
| 03 Mon Mar 2025 | 95.77 | 95.77 | 95.77 | 95.77 | 0.882 times |
| 28 Fri Feb 2025 | 94.59 | 93.22 | 94.59 | 93.22 | 2.059 times |
| 27 Thu Feb 2025 | 95.92 | 95.92 | 95.92 | 95.92 | 0.588 times |
| 25 Tue Feb 2025 | 96.60 | 96.60 | 96.60 | 96.60 | 0.294 times |
| 24 Mon Feb 2025 | 96.76 | 96.62 | 97.04 | 96.50 | 1.765 times |
My analysis of stock is bullish for shortterm, and stock might move up till 99.2 or till 102. Use a stoploss of 96.8 and if this stock hits its stoploss, then it can fall down till 94.44
Share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Target | 77.50 |
| Downside Target | 80.15 |
| Downside Target | 87.70 |
| Downside Target | 92.31 |
| Downside Target | 95.77 |
| Downside Target | 97.04 |
| Upside Target | 98.00 |
| Upside Target | 99.43 |
| Upside Target | 99.99 |
| Upside Target | 100.00 |
Intraday share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Intraday Target | 93.95 |
| Downside Intraday Target | 90.66 |
| Upside Intraday Target | 99.98 |
| Upside Intraday Target | 102.72 |
| Downside Intraday Target | 96.69 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Mar 2025 | 97.24 | 93.40 | 99.43 | 93.40 | 1 times |
| 07 Fri Mar 2025 | 91.25 | 95.77 | 95.77 | 89.81 | 0.625 times |
| 28 Fri Feb 2025 | 94.59 | 96.62 | 97.04 | 93.22 | 2 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 |
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 |
| 13 Thu Mar 2025 | 97.24 | 95.77 | 99.43 | 89.81 | 0.146 times |
| 28 Fri Feb 2025 | 94.59 | 90.00 | 100.00 | 90.00 | 0.865 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Formula Systems ( (FORTY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.
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 but buying is losing 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 95.38 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Formula Systems ( (FORTY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.
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 but buying is losing 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 95.38 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 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.