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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 2025-04-01 View latest technical analysis

10 day averaged volume of Formula Systems is 1490

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Apr 2025	89.35	88.00	89.50	87.22	1.208 times
28 Fri Mar 2025	89.45	90.30	90.30	89.40	1.007 times
24 Mon Mar 2025	90.73	89.20	91.65	85.25	3.154 times
20 Thu Mar 2025	93.75	92.89	93.85	92.89	1.007 times
19 Wed Mar 2025	96.00	98.91	98.91	94.99	3.96 times
18 Tue Mar 2025	96.70	96.70	96.70	96.70	0.067 times
14 Fri Mar 2025	99.33	99.33	99.33	99.33	0.067 times
13 Thu Mar 2025	97.24	99.43	99.43	97.24	0.201 times
12 Wed Mar 2025	98.99	98.99	98.99	98.99	0.134 times
11 Tue Mar 2025	96.48	93.40	96.48	93.40	0.336 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 88.2, for a target of 92.2 or 95.5

Share price targets for Formula Systems (FORTY)

Target Type	Value
Downside Target	80.15
Downside Target	85.25
Downside Target	87.22
Downside Target	89.00
Upside Target	92.89
Upside Target	93.40
Upside Target	95.77
Upside Target	96.50
Upside Target	98.91
Upside Target	99.43
Upside Target	100.00

Intraday share price targets for Formula Systems (FORTY)

Target Type	Value
Downside Intraday Target	87.88
Downside Intraday Target	86.41
Upside Intraday Target	90.16
Upside Intraday Target	90.97
Downside Intraday Target	88.69

Weekly technical analysis of Formula Systems (FORTY)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Apr 2025	89.35	88.00	89.50	87.22	0.29 times
28 Fri Mar 2025	89.45	89.20	91.65	85.25	0.827 times
20 Thu Mar 2025	93.75	96.70	98.91	92.89	6.818 times
14 Fri Mar 2025	99.33	93.40	99.43	93.40	1.1 times
07 Fri Mar 2025	91.25	95.77	95.77	89.81	0.625 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
01 Tue Apr 2025	89.35	88.00	89.50	87.22	0.114 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
31 Fri Jan 2025	91.27	83.70	92.31	80.15	8.737 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 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 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 SELL signal for Formula Systems in short term and the sell signal is strong.

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 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 93.09 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 negative.

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