(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 814
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 86.40 | 87.24 | 87.24 | 84.60 | 0.491 times |
| 10 Fri Jan 2025 | 82.99 | 80.15 | 83.20 | 80.15 | 4.668 times |
| 07 Tue Jan 2025 | 86.00 | 86.00 | 86.00 | 86.00 | 0.246 times |
| 06 Mon Jan 2025 | 87.46 | 85.74 | 87.46 | 85.74 | 1.229 times |
| 02 Thu Jan 2025 | 83.00 | 83.70 | 83.70 | 81.90 | 1.391 times |
| 30 Mon Dec 2024 | 89.00 | 92.22 | 92.22 | 89.00 | 0.402 times |
| 19 Thu Dec 2024 | 93.35 | 93.35 | 93.35 | 93.35 | 0.243 times |
| 18 Wed Dec 2024 | 96.47 | 96.40 | 96.47 | 96.40 | 0.665 times |
| 17 Tue Dec 2024 | 94.75 | 94.75 | 94.75 | 94.75 | 0.337 times |
| 11 Wed Dec 2024 | 96.50 | 95.55 | 96.50 | 95.30 | 0.58 times |
My analysis of stock is bearish for shortterm, and stock might move down till 81.4 or till 75.2. Use a stoploss of 86.57 and if the stock hits stoploss, then it can shoot up till 91.72
Share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Target | 70.52 |
| Downside Target | 74.22 |
| Downside Target | 77.50 |
| Downside Target | 80.00 |
| Downside Target | 81.90 |
| Downside Target | 84.60 |
| Upside Target | 87.00 |
| Upside Target | 89.00 |
| Upside Target | 92.22 |
| Upside Target | 93.35 |
| Upside Target | 96.47 |
| Upside Target | 96.50 |
Intraday share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Intraday Target | 84.92 |
| Downside Intraday Target | 83.44 |
| Upside Intraday Target | 87.56 |
| Upside Intraday Target | 88.72 |
| Downside Intraday Target | 86.08 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 86.40 | 87.24 | 87.24 | 84.60 | 0.08 times |
| 10 Fri Jan 2025 | 82.99 | 85.74 | 87.46 | 80.15 | 3.427 times |
| 02 Thu Jan 2025 | 83.00 | 92.22 | 92.22 | 81.90 | 1.44 times |
| 19 Thu Dec 2024 | 93.35 | 94.75 | 96.47 | 93.35 | 1.507 times |
| 11 Wed Dec 2024 | 96.50 | 87.00 | 96.50 | 87.00 | 3.36 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 |
| 14 Tue Jan 2025 | 86.40 | 83.70 | 87.46 | 80.15 | 3.605 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 |
| 31 Thu Oct 2024 | 85.20 | 80.00 | 87.50 | 74.22 | 0.903 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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
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 86.27 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 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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
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 86.27 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 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.