(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 1530
Date | Daily Closing Price | Open | High | Low | Volume |
15 Tue Apr 2025 | 86.70 | 84.52 | 86.70 | 84.52 | 0.458 times |
14 Mon Apr 2025 | 87.29 | 87.57 | 87.57 | 86.90 | 2.222 times |
11 Fri Apr 2025 | 87.33 | 85.83 | 87.33 | 84.91 | 0.915 times |
10 Thu Apr 2025 | 85.99 | 85.95 | 85.99 | 85.95 | 0.392 times |
09 Wed Apr 2025 | 87.06 | 87.70 | 89.14 | 87.06 | 0.654 times |
08 Tue Apr 2025 | 86.69 | 87.70 | 87.70 | 86.69 | 0.98 times |
07 Mon Apr 2025 | 83.80 | 82.74 | 84.50 | 82.52 | 0.654 times |
04 Fri Apr 2025 | 84.17 | 84.17 | 84.17 | 84.17 | 0.261 times |
03 Thu Apr 2025 | 88.15 | 89.36 | 89.45 | 87.16 | 1.895 times |
02 Wed Apr 2025 | 89.35 | 89.04 | 90.00 | 89.00 | 0.85 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 85.8 as stoploss in an intra day buy trade for a target of 90.73. However, stock will show a bearish move below 85.8.
Share price targets for Formula Systems (FORTY)
Target Type | Value |
Downside Target | 80.15 |
Downside Target | 82.52 |
Downside Target | 84.17 |
Upside Target | 87.57 |
Upside Target | 90.00 |
Upside Target | 91.65 |
Upside Target | 92.31 |
Upside Target | 92.89 |
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 | 84.96 |
Downside Intraday Target | 83.21 |
Upside Intraday Target | 88.01 |
Upside Intraday Target | 89.31 |
Downside Intraday Target | 86.26 |
Weekly technical analysis of Formula Systems (FORTY)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Tue Apr 2025 | 86.70 | 87.57 | 87.57 | 84.52 | 0.745 times |
11 Fri Apr 2025 | 87.33 | 82.74 | 89.14 | 82.52 | 0.859 times |
04 Fri Apr 2025 | 84.17 | 88.00 | 90.00 | 84.17 | 1.032 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 |
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 |
15 Tue Apr 2025 | 86.70 | 88.00 | 90.00 | 82.52 | 1.013 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Formula Systems in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 87.16 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Formula Systems in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 87.16 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.