TipRanks
Formula Systems Ltd (FORTY)
NASDAQ:FORTY
US Market
Want to see FORTY full AI Analyst Report?

Formula Systems (FORTY) Technical Analysis

137 Followers

Technical Sentiment

Overall Consensus
Sell
5Bullish
5Neutral
12Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Formula Systems Ltd’s (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -1.01, suggesting Formula Systems Ltd is a Buy.
Formula Systems Ltd’s (FORTY) 20-Day exponential moving average is 115.96, while Formula Systems Ltd’s (FORTY) share price is $117.51, making it a Sell.
Formula Systems Ltd’s (FORTY) 50-Day exponential moving average is 115.63, while Formula Systems Ltd’s (FORTY) share price is $117.51, making it a Sell.

Formula Systems (FORTY) Pivot Points

Oct 01, 2026, 10:08 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
108.40
109.80
111.20
112.60
114.00
115.40
116.80
Fibonacci
109.80
110.87
111.53
112.60
113.67
114.33
115.40
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

Oct 01, 2026, 10:08 AM
Period
Simple
Exponential
MA5
112.52Buy
113.44Buy
MA10
114.15Sell
114.60Sell
MA20
118.53Sell
115.96Sell
MA50
114.13Sell
115.63Sell
MA100
116.25Sell
117.01Sell
MA200
124.03Sell
124.12Sell
Formula Systems Ltd’s (FORTY) 10-Day exponential moving average is 114.60, while Formula Systems Ltd’s (FORTY) share price is $117.51, making it a Sell.
Formula Systems Ltd’s (FORTY) 100-Day exponential moving average is 117.01, while Formula Systems Ltd’s (FORTY) share price is $117.51, making it a Sell.
Formula Systems Ltd’s (FORTY) stock price is $117.51 and Formula Systems Ltd’s (FORTY) 50-day simple moving average is 114.13, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $117.51 and Formula Systems Ltd’s (FORTY) 100-day simple moving average is 116.25, creating a Sell signal.
Formula Systems Ltd’s (FORTY) stock price is $117.51 and Formula Systems Ltd’s (FORTY) 200-day simple moving average is 124.03, creating a Sell signal.

Formula Systems (FORTY) Technical Indicators

Oct 01, 2026, 10:08 AM
Name
Value
Implied Action
RSI (14)
47.61
Neutral
STOCH (9,6)
29.16
Neutral
STOCHRSI (14)
29.16
Neutral
MACD (12,26)
-1.01
Buy
ADX (14)
15.82
Buy
Williams %R
-64.78
Buy
CCI (14)
-62.68
Neutral
ATR (14)
5.62
-
Ultimate Oscillator
45.69
Neutral
ROC
-5.75
Sell
Formula Systems Ltd’s (FORTY) Relative Strength Index (RSI) is 47.61, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Trend Strength Indicator (ADX) is 15.82, creating a Buy signal.
Formula Systems Ltd’s (FORTY) Commodity Channel Index (CCI) is -62.68, creating a Neutral signal.
Formula Systems Ltd’s (FORTY) Price Rate of Change (ROC) is -5.75, 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 47.61, which suggests FORTY is a Neutral.
      What is FORTY’s MACD?
      FORTY’s MACD is -1.01, which suggests FORTY is a Buy.
        What is FORTY’s 5-day moving average?
        FORTY’s 5-day moving average is 112.52, which suggests FORTY is a Buy.
          What is FORTY’s 20-day moving average?
          FORTY 20-day moving average is 118.53, which suggests FORTY is a Sell.
            What is FORTY’s 50-day moving average?
            FORTY’s 50-day moving average is 114.13, which suggests FORTY is a Sell.
              What is FORTY’s 200-day moving average?
              FORTY’s 200-day moving average is 124.03, which suggests FORTY is a Sell.
                What is FORTY’s Williams % R (14)?
                FORTY’s Williams % R (14) is -64.78, which suggests FORTY is a Buy.
                  What is FORTY’s CCI (14)?
                  FORTY’s CCI (14) is -62.68, which suggests FORTY is a Neutral.