(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 2025-02-27 View latest technical analysis
10 day averaged volume of Formula Systems is 730
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Feb 2025 | 95.92 | 95.92 | 95.92 | 95.92 | 0.274 times |
| 25 Tue Feb 2025 | 96.60 | 96.60 | 96.60 | 96.60 | 0.137 times |
| 24 Mon Feb 2025 | 96.76 | 96.62 | 97.04 | 96.50 | 0.822 times |
| 21 Fri Feb 2025 | 99.77 | 99.77 | 99.77 | 99.77 | 0.137 times |
| 20 Thu Feb 2025 | 99.43 | 99.43 | 99.43 | 99.43 | 0.137 times |
| 19 Wed Feb 2025 | 99.92 | 99.92 | 99.92 | 99.92 | 0.137 times |
| 18 Tue Feb 2025 | 99.99 | 98.00 | 99.99 | 98.00 | 0.685 times |
| 14 Fri Feb 2025 | 99.12 | 98.09 | 100.00 | 98.09 | 2.466 times |
| 13 Thu Feb 2025 | 96.20 | 95.09 | 96.20 | 95.09 | 1.644 times |
| 12 Wed Feb 2025 | 95.30 | 92.69 | 95.30 | 92.69 | 3.151 times |
My analysis of stock is bullish for shortterm, and stock might move up till 99.1 or till 103. Use a stoploss of 95.83 and if this stock hits its stoploss, then it can fall down till 92.56
Share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Target | 74.22 |
| Downside Target | 77.50 |
| Downside Target | 80.15 |
| Downside Target | 87.10 |
| Downside Target | 92.31 |
| Downside Target | 95.92 |
| Upside Target | 96.50 |
| Upside Target | 96.54 |
| Upside Target | 97.04 |
| Upside Target | 98.00 |
| Upside Target | 99.99 |
| Upside Target | 100.00 |
Intraday share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Intraday Target | 95.55 |
| Downside Intraday Target | 95.17 |
| Upside Intraday Target | 96.67 |
| Upside Intraday Target | 97.41 |
| Upside Intraday Target | 96.29 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Feb 2025 | 95.92 | 96.62 | 97.04 | 95.92 | 1.125 times |
| 21 Fri Feb 2025 | 99.77 | 98.00 | 99.99 | 98.00 | 0.133 times |
| 14 Fri Feb 2025 | 99.12 | 97.52 | 100.00 | 92.69 | 1.132 times |
| 07 Fri Feb 2025 | 95.73 | 90.00 | 96.54 | 90.00 | 0.746 times |
| 31 Fri Jan 2025 | 91.27 | 87.60 | 92.31 | 87.10 | 6.455 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 |
| 27 Thu Feb 2025 | 95.92 | 90.00 | 100.00 | 90.00 | 0.821 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 97.12 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 97.12 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.