(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 2025-01-06 View latest technical analysis
10 day averaged volume of Formula Systems is 374
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 87.46 | 85.74 | 87.46 | 85.74 | 2.674 times |
| 02 Thu Jan 2025 | 83.00 | 83.70 | 83.70 | 81.90 | 3.027 times |
| 30 Mon Dec 2024 | 89.00 | 92.22 | 92.22 | 89.00 | 0.874 times |
| 19 Thu Dec 2024 | 93.35 | 93.35 | 93.35 | 93.35 | 0.529 times |
| 18 Wed Dec 2024 | 96.47 | 96.40 | 96.47 | 96.40 | 1.447 times |
| 17 Tue Dec 2024 | 94.75 | 94.75 | 94.75 | 94.75 | 0.733 times |
| 11 Wed Dec 2024 | 96.50 | 95.55 | 96.50 | 95.30 | 1.262 times |
| 26 Tue Nov 2024 | 87.27 | 87.00 | 87.27 | 87.00 | 0.535 times |
| 26 Tue Nov 2024 | 87.27 | 87.00 | 87.27 | 87.00 | 0.535 times |
| 19 Tue Nov 2024 | 82.73 | 82.73 | 82.73 | 82.73 | 0.802 times |
Stock of Formula Systems (FORTY) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 91.7 or till 97.9. Use a stoploss of 86.63 and if this stock hits its stoploss, then it can fall down till 81.52
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 | 85.74 |
| Upside Target | 87.70 |
| 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 | 86.31 |
| Downside Intraday Target | 85.17 |
| Upside Intraday Target | 88.03 |
| Upside Intraday Target | 88.61 |
| Downside Intraday Target | 86.89 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 87.46 | 85.74 | 87.46 | 85.74 | 0.685 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 |
| 26 Tue Nov 2024 | 87.27 | 87.00 | 87.27 | 87.00 | 0.5 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 |
| 06 Mon Jan 2025 | 87.46 | 83.70 | 87.46 | 81.90 | 1.177 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, 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 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 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 Weak and stock is losing 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Formula Systems in short term but BUY signal is weak.
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 88.81 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 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 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 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 Weak and stock is losing 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Formula Systems in short term but BUY signal is weak.
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 88.81 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 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.