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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
$108.75
$0.00(0.00%)
U.S. Market opens in 49h 44m

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: 46.50)
Trend Strength:Moderate (ADX: 23.11)
Volatility:Medium (ATR: 2.32)
Support/Resistance:$103.80 – $114.26 (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): 46.50

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.00

Bearish
Momentum remains weak below midpoint.

Williams %R: -72.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.91

Neutral
Price change is minimal.

Takeaway:Formula Systems (1985) Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.53

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.11

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.32

Medium
Medium volatility, healthy price movement.

CCI (14): -14.30

Neutral
Neutral, no strong directional signal.

Takeaway:Formula Systems (1985) Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$114.26
Middle Band (SMA 20)
$109.03
Lower Band
$103.80
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$113.99
Middle Line (EMA 20)
$109.34
Lower Channel
$104.69
Squeeze Status
No Squeeze

Takeaway:Formula Systems (1985) Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.90K
Money Flow Index43.46Neutral, balanced money flows with no clear signal.
Relative Vigor Index22.83Bearish, 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

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Formula Systems (1985) Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: FORTY) Technical Analysis FAQ