(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 2025-04-02 View latest technical analysis
10 day averaged volume of Formula Systems is 1660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Apr 2025 | 89.35 | 89.04 | 90.00 | 89.00 | 0.783 times |
| 01 Tue Apr 2025 | 89.35 | 88.00 | 89.50 | 87.22 | 1.084 times |
| 28 Fri Mar 2025 | 89.45 | 90.30 | 90.30 | 89.40 | 0.904 times |
| 24 Mon Mar 2025 | 90.73 | 89.20 | 91.65 | 85.25 | 2.831 times |
| 20 Thu Mar 2025 | 93.75 | 92.89 | 93.85 | 92.89 | 0.904 times |
| 19 Wed Mar 2025 | 96.00 | 98.91 | 98.91 | 94.99 | 3.554 times |
| 18 Tue Mar 2025 | 96.70 | 96.70 | 96.70 | 96.70 | 0.06 times |
| 14 Fri Mar 2025 | 99.33 | 99.33 | 99.33 | 99.33 | 0.06 times |
| 13 Thu Mar 2025 | 97.24 | 99.43 | 99.43 | 97.24 | 0.181 times |
| 12 Wed Mar 2025 | 98.99 | 98.99 | 98.99 | 98.99 | 0.12 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 91.6, but if it comes above 91.6, then a intra day buy could be more profitable.
If you take a sell trade below 91.6, then use 91.6 as stoploss and 87.5 as target. However if you take a buy trade in stock , then use 91.6 as stoploss and 94.97 as target.
Share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Target | 80.15 |
| Downside Target | 85.25 |
| Downside Target | 87.22 |
| Downside Target | 89.00 |
| Upside Target | 92.89 |
| Upside Target | 93.40 |
| Upside Target | 95.77 |
| Upside Target | 96.50 |
| Upside Target | 98.91 |
| Upside Target | 99.43 |
| Upside Target | 100.00 |
Intraday share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Intraday Target | 87.71 |
| Downside Intraday Target | 86.08 |
| Upside Intraday Target | 90.49 |
| Upside Intraday Target | 91.64 |
| Downside Intraday Target | 88.86 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Apr 2025 | 89.35 | 88.00 | 90.00 | 87.22 | 0.5 times |
| 28 Fri Mar 2025 | 89.45 | 89.20 | 91.65 | 85.25 | 0.827 times |
| 20 Thu Mar 2025 | 93.75 | 96.70 | 98.91 | 92.89 | 6.818 times |
| 14 Fri Mar 2025 | 99.33 | 93.40 | 99.43 | 93.40 | 1.1 times |
| 07 Fri Mar 2025 | 91.25 | 95.77 | 95.77 | 89.81 | 0.625 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 |
| 02 Wed Apr 2025 | 89.35 | 88.00 | 90.00 | 87.22 | 0.196 times |
| 28 Fri Mar 2025 | 89.45 | 95.77 | 99.43 | 85.25 | 1.153 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 |
Scroll below to view daily charts
Price has moved down 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Formula Systems ( (FORTY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Formula Systems ( (FORTY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Formula Systems in short term and the sell signal is strong.
Formula Systems Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Formula Systems in short term but BUY 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
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 92.71 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 negative.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Formula Systems ( (FORTY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Formula Systems ( (FORTY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Formula Systems in short term and the sell signal is strong.
Formula Systems Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Formula Systems in short term but BUY 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
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 92.71 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.