(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 1080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu May 2025 | 87.00 | 87.00 | 87.00 | 87.00 | 0.185 times |
| 30 Wed Apr 2025 | 87.95 | 87.95 | 87.95 | 87.95 | 0.366 times |
| 29 Tue Apr 2025 | 89.56 | 89.49 | 89.56 | 85.30 | 0.648 times |
| 28 Mon Apr 2025 | 89.57 | 90.39 | 90.39 | 89.57 | 0.185 times |
| 22 Tue Apr 2025 | 88.42 | 85.80 | 88.42 | 85.80 | 0.833 times |
| 15 Tue Apr 2025 | 86.70 | 84.52 | 86.70 | 84.52 | 0.648 times |
| 14 Mon Apr 2025 | 87.29 | 87.57 | 87.57 | 86.90 | 3.148 times |
| 11 Fri Apr 2025 | 87.33 | 85.83 | 87.33 | 84.91 | 1.296 times |
| 10 Thu Apr 2025 | 85.99 | 85.95 | 85.99 | 85.95 | 0.556 times |
| 09 Wed Apr 2025 | 87.06 | 87.70 | 89.14 | 87.06 | 0.926 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 85.6 as stoploss in an intra day buy trade for a target of 88.42. However, stock will show a bearish move below 85.6.
Share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Target | 80.15 |
| Downside Target | 82.52 |
| Downside Target | 84.17 |
| Upside Target | 89.14 |
| Upside Target | 90.00 |
| Upside Target | 90.39 |
| Upside Target | 92.31 |
| Upside Target | 99.43 |
| Upside Target | 100.00 |
Intraday share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Intraday Target | 84.74 |
| Downside Intraday Target | 82.47 |
| Upside Intraday Target | 89.83 |
| Upside Intraday Target | 92.65 |
| Upside Intraday Target | 87.56 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu May 2025 | 87.00 | 90.39 | 90.39 | 85.30 | 1.661 times |
| 22 Tue Apr 2025 | 88.42 | 85.80 | 88.42 | 85.80 | 0.22 times |
| 15 Tue Apr 2025 | 86.70 | 87.57 | 87.57 | 84.52 | 0.745 times |
| 11 Fri Apr 2025 | 87.33 | 82.74 | 89.14 | 82.52 | 0.859 times |
| 04 Fri Apr 2025 | 84.17 | 88.00 | 90.00 | 84.17 | 1.032 times |
Price has moved down 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 |
| 01 Thu May 2025 | 87.00 | 87.00 | 87.00 | 87.00 | 0.011 times |
| 30 Wed Apr 2025 | 87.95 | 88.00 | 90.39 | 82.52 | 1.152 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 |
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Formula Systems in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.
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 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 87.49 and Formula Systems (FORTY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Formula Systems in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.
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 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 87.49 and Formula Systems (FORTY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.