Advertisement
Formula Systems (1985) Ltd.

Formula Systems (1985) Ltd. (FORTY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Formula Systems (1985) Ltd..

FORTYNASDAQ
TechnologyInformation Technology Services
$95.68
$10.82(10.16%)
U.S. Market opens in 42h 20m
Advertisement

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

Formula Systems (1985) Ltd. stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 19.32)
Trend Strength:Strong (ADX: 35.72)
Volatility:Medium (ATR: 3.34)
Support/Resistance:$96.92 – $142.85 (Bollinger Bands)

This mix signals that Formula Systems (1985) Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 19.32

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 0.00

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -24.06

Strongly Bearish
Sharp downside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -8.32

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.72

Strong
Strong trend, momentum well established.

ATR (14): 3.34

Medium
Medium volatility, healthy price movement.

CCI (14): -162.25

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$142.85
Middle Band (SMA 20)
$119.89
Lower Band
$96.92
Current Position
Below Lower Band

Takeaway:Formula Systems (1985) Ltd. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$123.85
Middle Line (EMA 20)
$117.17
Lower Channel
$110.49
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 Volume-5.89K
Money Flow Index14.97Bullish, oversold conditions signal rebound potential.
Relative Vigor Index11.50Bearish, price momentum favors sellers.

Overall Takeaway:FORTY shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Formula Systems (1985) Ltd., 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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Formula Systems (1985) Ltd. shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

Technical Analysis FAQ