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Formula Systems Ltd (FORTY)
NASDAQ:FORTY
US Market
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Formula Systems (FORTY) Technical Analysis

135 Followers

Technical Sentiment

Overall Consensus
Sell
6Bullish
1Neutral
15Bearish
Technical Analysis Consensus
Buy
6Bullish
1Neutral
3Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -7.06, suggesting Formula Systems Ltd is a Buy.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 115.83, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Sell.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 122.00, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Sell.

Formula Systems (FORTY) Pivot Points

Jun 28, 2026, 02:14 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
95.10
97.17
99.25
101.32
103.40
105.47
107.55
Fibonacci
97.17
98.76
99.74
101.32
102.91
103.89
105.47
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Formula Systems (FORTY) Moving Averages

Jun 28, 2026, 02:14 PM
Period
Simple
Exponential
MA5
103.91Sell
104.09Sell
MA10
110.76Sell
109.32Sell
MA20
119.06Sell
115.83Sell
MA50
126.19Sell
122.00Sell
MA100
121.31Sell
125.21Sell
MA200
133.02Sell
128.53Sell
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 109.32, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Sell.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 125.21, while Formula Systems Ltd’s (FORTY) share price is $167.92, making it a Sell.
Formula Systems Ltd’s (FORTY) stock price is $167.92 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 126.19, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $167.92 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 121.31, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $167.92 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 133.02, creating a Sell signal.

Formula Systems (FORTY) Technical Indicators

Jun 28, 2026, 02:14 PM
Name
Value
Implied Action
RSI (14)
28.04
Buy
STOCH (9,6)
14.20
Buy
STOCHRSI (14)
9.37
Buy
MACD (12,26)
-7.06
Buy
ADX (14)
50.18
Sell
Williams %R
-88.41
Buy
CCI (14)
-158.60
Buy
ATR (14)
6.37
-
Ultimate Oscillator
31.09
Neutral
ROC
-21.43
Sell
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 28.04, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 50.18, creating a Sell signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is -158.60, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is -21.43, creating a Sell signal.

FAQ

Is FORTY a Buy, Hold, or Sell?
Based on FORTY’s technical indicators, FORTY is a Sell.
    What is FORTY’s RSI (14)?
    FORTY’s RSI (14) is 28.04, which suggests FORTY is a Buy.
      What is FORTY’s MACD?
      FORTY’s MACD is -7.06, which suggests FORTY is a Buy.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 103.91, which suggests FORTY is a Sell.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 119.06, which suggests FORTY is a Sell.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 126.19, which suggests FORTY is a Sell.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 133.02, which suggests FORTY is a Sell.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -88.41, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is -158.60, which suggests FORTY is a Buy.