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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 2010

Date Daily Closing Price Open High Low Volume
04 Fri Apr 2025 84.17 84.17 84.17 84.17 0.199 times
03 Thu Apr 2025 88.15 89.36 89.45 87.16 1.443 times
02 Wed Apr 2025 89.35 89.04 90.00 89.00 0.647 times
01 Tue Apr 2025 89.35 88.00 89.50 87.22 0.896 times
28 Fri Mar 2025 89.45 90.30 90.30 89.40 0.746 times
24 Mon Mar 2025 90.73 89.20 91.65 85.25 2.338 times
20 Thu Mar 2025 93.75 92.89 93.85 92.89 0.746 times
19 Wed Mar 2025 96.00 98.91 98.91 94.99 2.935 times
18 Tue Mar 2025 96.70 96.70 96.70 96.70 0.05 times
14 Fri Mar 2025 99.33 99.33 99.33 99.33 0.05 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 84.9, for a target of 89.6 or 93.63

Share price targets for Formula Systems (FORTY)

Target Type Value
Downside Target 80.15
Downside Target 84.17
Upside Target 89.00
Upside Target 92.89
Upside Target 93.40
Upside Target 95.77
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 82.23
Downside Intraday Target 80.28
Upside Intraday Target 88.06
Upside Intraday Target 91.94
Upside Intraday Target 86.11

Weekly technical analysis of Formula Systems (FORTY)

Date Weekly Closing Price Open High Low Volume
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
14 Fri Mar 2025 99.33 93.40 99.43 93.40 1.1 times
07 Fri Mar 2025 91.25 95.77 95.77 89.81 0.625 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
04 Fri Apr 2025 84.17 88.00 90.00 84.17 0.405 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 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 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 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 neutral. A longer time frame might give a better analysis.

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.

Formula Systems Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but buying is losing 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 91.76 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 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 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 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 neutral. A longer time frame might give a better analysis.

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.

Formula Systems Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but buying is losing 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 91.76 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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