(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 2025-01-16 View latest technical analysis
10 day averaged volume of Formula Systems is 827
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 87.78 | 87.78 | 87.78 | 87.78 | 0.121 times |
| 15 Wed Jan 2025 | 88.20 | 87.50 | 88.20 | 87.50 | 0.484 times |
| 14 Tue Jan 2025 | 86.40 | 87.24 | 87.24 | 84.60 | 0.484 times |
| 10 Fri Jan 2025 | 82.99 | 80.15 | 83.20 | 80.15 | 4.595 times |
| 07 Tue Jan 2025 | 86.00 | 86.00 | 86.00 | 86.00 | 0.242 times |
| 06 Mon Jan 2025 | 87.46 | 85.74 | 87.46 | 85.74 | 1.209 times |
| 02 Thu Jan 2025 | 83.00 | 83.70 | 83.70 | 81.90 | 1.369 times |
| 30 Mon Dec 2024 | 89.00 | 92.22 | 92.22 | 89.00 | 0.395 times |
| 19 Thu Dec 2024 | 93.35 | 93.35 | 93.35 | 93.35 | 0.239 times |
| 18 Wed Dec 2024 | 96.47 | 96.40 | 96.47 | 96.40 | 0.654 times |
My analysis of stock is bullish for shortterm, and stock might move up till 91.8 or till 98. Use a stoploss of 86.67 and if this stock hits its stoploss, then it can fall down till 81.51
Share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Target | 70.52 |
| Downside Target | 74.22 |
| Downside Target | 77.50 |
| Downside Target | 80.00 |
| Downside Target | 81.90 |
| Downside Target | 84.60 |
| Downside Target | 87.00 |
| Upside Target | 89.00 |
| Upside Target | 92.22 |
| Upside Target | 93.35 |
| Upside Target | 96.47 |
| Upside Target | 96.50 |
Intraday share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Intraday Target | 85.52 |
| Downside Intraday Target | 83.26 |
| Upside Intraday Target | 89.12 |
| Upside Intraday Target | 90.46 |
| Downside Intraday Target | 86.86 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 87.78 | 87.24 | 88.20 | 84.60 | 0.18 times |
| 10 Fri Jan 2025 | 82.99 | 85.74 | 87.46 | 80.15 | 3.427 times |
| 02 Thu Jan 2025 | 83.00 | 92.22 | 92.22 | 81.90 | 1.44 times |
| 19 Thu Dec 2024 | 93.35 | 94.75 | 96.47 | 93.35 | 1.507 times |
| 11 Wed Dec 2024 | 96.50 | 87.00 | 96.50 | 87.00 | 3.36 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 |
| 16 Thu Jan 2025 | 87.78 | 83.70 | 88.20 | 80.15 | 3.881 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 |
| 31 Thu Oct 2024 | 85.20 | 80.00 | 87.50 | 74.22 | 0.903 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Formula Systems ( (FORTY) ) based on a short to mid 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 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 gaining 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. Bears are weakening, and bulls 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
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 85.5 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 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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Formula Systems ( (FORTY) ) based on a short to mid 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 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 gaining 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. Bears are weakening, and bulls 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
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 85.5 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 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.