Formula Systems 1985 Ltd

Formula Systems 1985 Ltd (FORTY) Technical Analysis

$119.210

-2.730 (-2.29%)At close

Technical Sentiment

Overall Consensus

Buy
Sell
4
Buy
5

Technical Analysis Consensus

Strong buy
Sell
0
Buy
3

Moving Average Consensus

Sell
Sell
4
Buy
2

Formula Systems 1985 Ltd (FORTY) Moving Averages Convergence Divergence (MACD) indicator is 2.34, suggesting FORTY is Buy.

Formula Systems 1985 Ltd (FORTY) 20-Day simple moving average is 117.14, while Formula Systems 1985 Ltd (FORTY) share price is $—, making it Buy.

Formula Systems 1985 Ltd (FORTY) 60-Day simple moving average is 117.08, while Formula Systems 1985 Ltd (FORTY) share price is $—, making it Buy.

Technical Analysis for FORTY

AI Technical FORTY

As of 2026-11-02, the technical board for Formula Systems 1985 Ltd (FORTY) reads buy: 5 indicators are flashing buy, 4 are indicating sell, and 4 are neutral. Price at $119.21 sits below the 5-day, 10-day and 200-day moving averages and above the 20-day and 60-day.

Momentum readings: RSI stands at 50.831, MACD stands at 2.339 (Buy), Stochastic %K stands at 50.993, Stochastic %D stands at 65.859 and CCI stands at 54.044.

FORTY trades above the 60-day SMA (117.08) and below the 200-day SMA (123.91). Immediate resistance sits at Classic R1 131.05, then R2 139.40. Support sits at Classic S1 113.19, then S2 103.68.

Formula Systems 1985 Ltd (FORTY) Support & Resistance Level

NameS3S2S1Pivot PointsR1R2R3
Classic95.326103.683113.186121.543131.046139.403148.906
Fibonacci103.683110.505114.720121.543128.365132.580139.403
S3
S2
S1
Pivot Points
R1
R2
R3

Formula Systems 1985 Ltd (FORTY) Technical Indicators

2026-11-02

NameValue
RSI_1450.831
STOCHk_14_3_350.993
STOCHd_14_3_365.859
CCI_2054.044
AO_5_349.275
MOM_104.935
MACD_12_26_92.339

Formula Systems 1985 Ltd (FORTY) Relative Strength Index (RSI_14) is 50.831, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Stochastic %K is 50.993, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Stochastic %D is 65.859, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) CCI_20 is 54.044, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Awesome Oscillator (AO) is 9.275, creating a Buy signal.

Formula Systems 1985 Ltd (FORTY) Momentum (MOM) is 4.935, creating a Buy signal.

Formula Systems 1985 Ltd (FORTY) Moving Average Convergence Divergence (MACD) is 2.339, creating a Buy signal.

Formula Systems 1985 Ltd (FORTY) Moving Average

2026-11-02

PeriodSimpleSignal
MA_5123.838Sell
MA_10122.688Sell
MA_20117.136Buy
MA_60117.085Buy
MA_200123.913Sell
MA_250132.044Sell

Formula Systems 1985 Ltd (FORTY) 5-Day simple moving average is 123.838, while Formula Systems 1985 Ltd (FORTY) share price is $, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 10-Day simple moving average is 122.688, while Formula Systems 1985 Ltd (FORTY) share price is $, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 20-Day simple moving average is 117.136, while Formula Systems 1985 Ltd (FORTY) share price is $, making it a Buy.

Formula Systems 1985 Ltd (FORTY) 60-Day simple moving average is 117.085, while Formula Systems 1985 Ltd (FORTY) share price is $, making it a Buy.

Formula Systems 1985 Ltd (FORTY) 200-Day simple moving average is 123.913, while Formula Systems 1985 Ltd (FORTY) share price is $, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 250-Day simple moving average is 132.044, while Formula Systems 1985 Ltd (FORTY) share price is $, making it a Sell.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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