(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 2025-04-29 View latest technical analysis
10 day averaged volume of Formula Systems is 1110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Apr 2025 | 89.56 | 89.49 | 89.56 | 85.30 | 0.631 times |
| 28 Mon Apr 2025 | 89.57 | 90.39 | 90.39 | 89.57 | 0.18 times |
| 22 Tue Apr 2025 | 88.42 | 85.80 | 88.42 | 85.80 | 0.811 times |
| 15 Tue Apr 2025 | 86.70 | 84.52 | 86.70 | 84.52 | 0.631 times |
| 14 Mon Apr 2025 | 87.29 | 87.57 | 87.57 | 86.90 | 3.063 times |
| 11 Fri Apr 2025 | 87.33 | 85.83 | 87.33 | 84.91 | 1.261 times |
| 10 Thu Apr 2025 | 85.99 | 85.95 | 85.99 | 85.95 | 0.541 times |
| 09 Wed Apr 2025 | 87.06 | 87.70 | 89.14 | 87.06 | 0.901 times |
| 08 Tue Apr 2025 | 86.69 | 87.70 | 87.70 | 86.69 | 1.351 times |
| 07 Mon Apr 2025 | 83.80 | 82.74 | 84.50 | 82.52 | 0.901 times |
My analysis of stock is bullish for shortterm, and stock might move up till 93.5 or till 98.2. Use a stoploss of 89.47 and if this stock hits its stoploss, then it can fall down till 85.48
Share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Target | 80.15 |
| Downside Target | 82.52 |
| Downside Target | 84.17 |
| Downside Target | 87.57 |
| Upside Target | 90.00 |
| Upside Target | 90.39 |
| Upside Target | 92.31 |
| Upside Target | 96.50 |
| Upside Target | 99.43 |
| Upside Target | 100.00 |
Intraday share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Intraday Target | 86.44 |
| Downside Intraday Target | 83.33 |
| Upside Intraday Target | 91.53 |
| Upside Intraday Target | 93.51 |
| Downside Intraday Target | 88.42 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Apr 2025 | 89.56 | 90.39 | 90.39 | 85.30 | 1 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 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 |
| 29 Tue Apr 2025 | 89.56 | 88.00 | 90.39 | 82.52 | 1.127 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 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 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 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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red 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
Stock of Formula Systems is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 87.05 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 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 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 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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red 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
Stock of Formula Systems is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 87.05 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.