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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.

Showing technical analysis as on 2025-02-03 View latest technical analysis

10 day averaged volume of Formula Systems is 890

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	90.18	90.00	90.81	90.00	0.449 times
31 Fri Jan 2025	91.27	91.95	91.95	91.01	2.697 times
30 Thu Jan 2025	92.31	90.95	92.31	89.80	1.461 times
29 Wed Jan 2025	88.35	89.91	89.91	88.35	2.36 times
27 Mon Jan 2025	87.70	87.60	87.96	87.10	1.461 times
23 Thu Jan 2025	86.98	86.96	86.98	86.96	0.225 times
22 Wed Jan 2025	88.78	88.78	88.78	88.78	0.337 times
21 Tue Jan 2025	90.55	85.72	90.55	85.72	0.674 times
17 Fri Jan 2025	89.37	89.37	89.37	89.37	0.337 times
17 Fri Jan 2025	89.37	89.37	89.37	89.37	0.337 times

My analysis of stock is bullish for shortterm, and stock might move up till 91.9 or till 95.6. Use a stoploss of 88.78 and if this stock hits its stoploss, then it can fall down till 85.68

Share price targets for Formula Systems (FORTY)

Target Type	Value
Downside Target	74.22
Downside Target	77.50
Downside Target	80.15
Downside Target	84.60
Downside Target	90.00
Upside Target	90.55
Upside Target	90.81
Upside Target	92.31
Upside Target	96.50

Intraday share price targets for Formula Systems (FORTY)

Target Type	Value
Downside Intraday Target	89.85
Downside Intraday Target	89.52
Upside Intraday Target	90.66
Upside Intraday Target	91.14
Upside Intraday Target	90.33

Weekly technical analysis of Formula Systems (FORTY)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	90.18	90.00	90.81	90.00	0.056 times
31 Fri Jan 2025	91.27	87.60	92.31	87.10	6.455 times
23 Thu Jan 2025	86.98	85.72	90.55	85.72	3.667 times
17 Fri Jan 2025	89.37	89.37	89.37	89.37	0.25 times
17 Fri Jan 2025	89.37	87.24	89.37	84.60	0.24 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
03 Mon Feb 2025	90.18	90.00	90.81	90.00	0.025 times
31 Fri Jan 2025	91.27	83.70	92.31	80.15	8.737 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

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 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 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 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.

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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 89.85 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.