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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 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.

Daily charts

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