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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.

Showing technical analysis as on 2025-08-12 View latest technical analysis

10 day averaged volume of Formula Systems is 1280

Date Daily Closing Price Open High Low Volume
12 Tue Aug 2025 112.81 112.81 112.81 112.81 0.313 times
11 Mon Aug 2025 119.00 118.36 119.00 118.36 1.016 times
07 Thu Aug 2025 108.27 108.77 108.77 108.27 0.469 times
06 Wed Aug 2025 107.65 107.71 107.71 107.65 0.234 times
01 Fri Aug 2025 115.55 115.55 115.55 115.55 0.234 times
31 Thu Jul 2025 110.06 119.50 119.50 110.06 2.031 times
25 Fri Jul 2025 127.00 127.00 127.00 127.00 0.156 times
23 Wed Jul 2025 129.01 129.01 129.01 129.01 3.125 times
22 Tue Jul 2025 127.69 127.69 127.69 127.69 0.078 times
21 Mon Jul 2025 129.65 129.65 129.65 129.65 0.234 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 108.2 as stoploss in an intra day buy trade for a target of 118.55. However, stock will show a bearish move below 108.2.

Share price targets for Formula Systems (FORTY)

Target Type Value
Downside Target 82.52
Downside Target 87.00
Downside Target 90.39
Downside Target 101.21
Downside Target 107.65
Downside Target 112.81
Upside Target 119.00
Upside Target 123.63
Upside Target 127.00
Upside Target 129.65
Upside Target 129.80
Upside Target 130.00
Upside Target 134.96

Intraday share price targets for Formula Systems (FORTY)

Target Type Value
Downside Intraday Target 110.75
Downside Intraday Target 108.68
Upside Intraday Target 116.94
Upside Intraday Target 121.06
Upside Intraday Target 114.87

Weekly technical analysis of Formula Systems (FORTY)

Date Weekly Closing Price Open High Low Volume
12 Tue Aug 2025 112.81 118.36 119.00 112.81 1.889 times
07 Thu Aug 2025 108.27 107.71 108.77 107.65 0.31 times
01 Fri Aug 2025 115.55 119.50 119.50 110.06 0.63 times
25 Fri Jul 2025 127.00 129.65 129.65 127.00 1.211 times
16 Wed Jul 2025 127.89 123.63 130.00 123.63 1.727 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
12 Tue Aug 2025 112.81 115.55 119.00 107.65 0.244 times
31 Thu Jul 2025 110.06 132.00 134.96 110.06 2.052 times
30 Mon Jun 2025 127.75 108.70 129.80 101.21 1.039 times
30 Fri May 2025 110.00 87.00 110.00 87.00 0.307 times

Scroll below to view daily charts

Price has moved up 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 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 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 to mid 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 119.9 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 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 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 to mid 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 119.9 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 positive

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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