(FORTY) Formula Systems Monthly charts technical analysis
(FORTY) Formula Systems Monthly charts technical analysis Monthly analysis of Formula Systems | Buy/Sell Formula Systems
Formula Systems trades in USA in Technology sector.
10 day averaged volume of Formula Systems is 720
| Date | Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 74.15 | 80.95 | 83.09 | 72.66 | 0.006 Mn |
| 22 Fri Mar 2024 | 83.01 | 78.13 | 83.19 | 74.51 | 0.005 Mn |
| 29 Thu Feb 2024 | 76.76 | 68.90 | 76.99 | 65.83 | 0.005 Mn |
| 30 Tue Jan 2024 | 66.62 | 65.92 | 67.10 | 60.39 | 0.004 Mn |
| 27 Wed Dec 2023 | 65.31 | 60.75 | 66.94 | 58.29 | 0.006 Mn |
| 30 Thu Nov 2023 | 60.75 | 61.18 | 65.24 | 57.15 | 0.008 Mn |
| 31 Tue Oct 2023 | 58.09 | 76.61 | 76.61 | 55.97 | 0.01 Mn |
| 29 Fri Sep 2023 | 75.16 | 74.99 | 76.00 | 71.72 | 0.003 Mn |
| 30 Wed Aug 2023 | 73.40 | 74.90 | 78.50 | 71.11 | 0.005 Mn |
| 27 Thu Jul 2023 | 71.81 | 73.95 | 78.57 | 68.41 | 0.005 Mn |
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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Formula Systems stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Formula Systems in short term and the buy signal is strong.
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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 68.84 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Monthly charts
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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Formula Systems stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Formula Systems in short term and the buy signal is strong.
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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 68.84 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.