Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-08-11 View latest technical analysis

10 day averaged volume of Formula Systems is 1220

Date Daily Closing Price Open High Low Volume
11 Mon Aug 2025 119.00 118.36 119.00 118.36 1.066 times
07 Thu Aug 2025 108.27 108.77 108.77 108.27 0.492 times
06 Wed Aug 2025 107.65 107.71 107.71 107.65 0.246 times
01 Fri Aug 2025 115.55 115.55 115.55 115.55 0.246 times
31 Thu Jul 2025 110.06 119.50 119.50 110.06 2.131 times
25 Fri Jul 2025 127.00 127.00 127.00 127.00 0.164 times
23 Wed Jul 2025 129.01 129.01 129.01 129.01 3.279 times
22 Tue Jul 2025 127.69 127.69 127.69 127.69 0.082 times
21 Mon Jul 2025 129.65 129.65 129.65 129.65 0.246 times
16 Wed Jul 2025 127.89 127.89 130.00 127.89 2.541 times

My analysis of stock is bullish for shortterm, and stock might move up till 128.9 or till 141.6. Use a stoploss of 118.32 and if this stock hits its stoploss, then it can fall down till 107.76

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 118.36
Upside Target 119.50
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 118.57
Downside Intraday Target 118.15
Upside Intraday Target 119.21
Upside Intraday Target 119.43
Downside Intraday Target 118.79

Weekly technical analysis of Formula Systems (FORTY)

Date Weekly Closing Price Open High Low Volume
11 Mon Aug 2025 119.00 118.36 119.00 118.36 1.444 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, 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
11 Mon Aug 2025 119.00 115.55 119.00 107.65 0.21 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 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 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 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 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 losing 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 above 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

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 122.06 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 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 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 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 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 losing 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 above 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

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 122.06 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme