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Formula Systems (1985) Ltd.

FORTY Technical Analysis Summary (NASDAQ)

Analyze FORTY on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FORTY●NASDAQ
TechnologyInformation Technology Services
$116.00
$3.20(2.68%)
U.S. Market opens in 23h 54m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FORTY Technical Analysis Summary (NASDAQ)

Formula Systems (1985) Ltd. (NASDAQ: FORTY) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.23)
Trend Strength:Strong (ADX: 35.25)
Volatility:Low (ATR: 2.27)
Support/Resistance:$113.99 – $132.65 (Bollinger Bands)

Technical conditions suggest Formula Systems (1985) Ltd. on the NASDAQ is awaiting a decisive move. Overall, Formula Systems (1985) Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 40.23

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 2.38

Bullish
Oversold zone signals rebound potential.

Williams %R: -92.86

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.73

Strongly Bearish
Sharp downside momentum.

Takeaway:Formula Systems (1985) Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 1.49

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.25

Strong
Strong trend, momentum well established.

ATR (14): 2.27

Medium
Medium volatility, healthy price movement.

CCI (14): -158.86

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Formula Systems (1985) Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$132.65
Middle Band (SMA 20)
$123.32
Lower Band
$113.99
Current Position
Within Bands

Takeaway:Formula Systems (1985) Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$125.80
Middle Line (EMA 20)
$121.25
Lower Channel
$116.70
Squeeze Status
No Squeeze

Takeaway:Formula Systems (1985) Ltd. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume5.36K
Money Flow Index45.90Neutral, balanced money flows with no clear signal.
Relative Vigor Index15.48Bearish, price momentum favors sellers.

Overall Takeaway:FORTY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Formula Systems (1985) Ltd. (NASDAQ: FORTY), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Formula Systems (1985) Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: FORTY) Technical Analysis FAQ