(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 2110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Apr 2025 | 86.69 | 87.70 | 87.70 | 86.69 | 0.711 times |
| 07 Mon Apr 2025 | 83.80 | 82.74 | 84.50 | 82.52 | 0.474 times |
| 04 Fri Apr 2025 | 84.17 | 84.17 | 84.17 | 84.17 | 0.19 times |
| 03 Thu Apr 2025 | 88.15 | 89.36 | 89.45 | 87.16 | 1.374 times |
| 02 Wed Apr 2025 | 89.35 | 89.04 | 90.00 | 89.00 | 0.616 times |
| 01 Tue Apr 2025 | 89.35 | 88.00 | 89.50 | 87.22 | 0.853 times |
| 28 Fri Mar 2025 | 89.45 | 90.30 | 90.30 | 89.40 | 0.711 times |
| 24 Mon Mar 2025 | 90.73 | 89.20 | 91.65 | 85.25 | 2.227 times |
| 20 Thu Mar 2025 | 93.75 | 92.89 | 93.85 | 92.89 | 0.711 times |
| 19 Wed Mar 2025 | 96.00 | 98.91 | 98.91 | 94.99 | 2.796 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 87.9, but if it comes above 87.9, then a intra day buy could be more profitable.
If you take a sell trade below 87.9, then use 87.9 as stoploss and 82.4 as target. However if you take a buy trade in stock , then use 87.9 as stoploss and 92.49 as target.
Share price targets for Formula Systems (FORTY)
| Target Type | Value |
| Downside Target | 80.15 |
| Downside Target | 82.52 |
| Downside Target | 84.17 |
| Upside Target | 87.70 |
| Upside Target | 92.31 |
| Upside Target | 92.89 |
| Upside Target | 93.40 |
| 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 | 83.57 |
| Downside Intraday Target | 80.46 |
| Upside Intraday Target | 88.75 |
| Upside Intraday Target | 90.82 |
| Downside Intraday Target | 85.64 |
Weekly technical analysis of Formula Systems (FORTY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Apr 2025 | 86.69 | 82.74 | 87.70 | 82.52 | 0.391 times |
| 04 Fri Apr 2025 | 84.17 | 88.00 | 90.00 | 84.17 | 1.032 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 |
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 |
| 08 Tue Apr 2025 | 86.69 | 88.00 | 90.00 | 82.52 | 0.563 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Formula Systems stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Formula Systems in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 91.01 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.
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Formula Systems stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Formula Systems in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 91.01 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.