(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 2025-01-21 View latest technical analysis
10 day averaged volume of Formula Systems is 796
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 90.55 | 85.72 | 90.55 | 85.72 | 0.754 times |
| 17 Fri Jan 2025 | 89.37 | 89.37 | 89.37 | 89.37 | 0.377 times |
| 17 Fri Jan 2025 | 89.37 | 89.37 | 89.37 | 89.37 | 0.377 times |
| 16 Thu Jan 2025 | 87.78 | 87.78 | 87.78 | 87.78 | 0.126 times |
| 15 Wed Jan 2025 | 88.20 | 87.50 | 88.20 | 87.50 | 0.503 times |
| 14 Tue Jan 2025 | 86.40 | 87.24 | 87.24 | 84.60 | 0.503 times |
| 10 Fri Jan 2025 | 82.99 | 80.15 | 83.20 | 80.15 | 4.774 times |
| 07 Tue Jan 2025 | 86.00 | 86.00 | 86.00 | 86.00 | 0.251 times |
| 06 Mon Jan 2025 | 87.46 | 85.74 | 87.46 | 85.74 | 1.256 times |
| 02 Thu Jan 2025 | 83.00 | 83.70 | 83.70 | 81.90 | 1.422 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 92.6 as stoploss in an intra day sell trade for a target of 88.07. However, stock will show a bullish move above 92.6.
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 | 87.46 |
| Downside Target | 89.37 |
| Downside Target | 90.55 |
| Upside Target | 92.22 |
| Upside Target | 96.50 |
Intraday share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Intraday Target | 87.33 |
| Downside Intraday Target | 84.11 |
| Upside Intraday Target | 92.16 |
| Upside Intraday Target | 93.77 |
| Downside Intraday Target | 88.94 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 90.55 | 85.72 | 90.55 | 85.72 | 2 times |
| 17 Fri Jan 2025 | 89.37 | 89.37 | 89.37 | 89.37 | 0.25 times |
| 17 Fri Jan 2025 | 89.37 | 87.24 | 89.37 | 84.60 | 0.24 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Formula Systems (FORTY)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 90.55 | 83.70 | 90.55 | 80.15 | 4.543 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 up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid term time period is neutral. A longer time frame might give a better analysis.
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.
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 moving up
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 negative zone. This is the SELL 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 85.1 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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid term time period is neutral. A longer time frame might give a better analysis.
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.
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 moving up
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 negative zone. This is the SELL 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 85.1 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 is giving positive 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.