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Formula Systems (FORTY) Technical (Analysis) Reports Formula Systems ["Technical Analysis"] Reports -NASDAQ Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Formula Systems (FORTY)
Technical Analysis Report for NASDAQ stock FORTY Formula Systems. Dated: 08 May 2026 Updated Daily. Stock trades under Technology Deals in EDP Services in NASDAQ stock exchange
If you are looking for Tomorrow's Movement Predictions for NASDAQ stock FORTY Formula Systems then click here. or read Experts views on Formula Systems or Forecast & share price targets of Formula Systems
Formula Systems Opened at 146.00 and Closed at: 147.40, which is -0.54% of previous session's close. It moved within a range of 146.00 and 149.50
The session was a Bullish session with an average volume of 1300, which is 92.31% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
- Even though the stock has fallen, but its long term trend is positive and in an uptrend.
A Golden cross was found 9 days back on short term averages
A Golden cross was found 1 days back on mid term averages
Support for tomorrow is 146.7 and resistance for tomorrow is 150.2
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 145.77, 144.13 resistance for tomorrow's hourly charts is 149.27, 151.13
10 Day SMA for Formula Systems (FORTY) is 139.57 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Formula Systems (FORTY) is 131.1 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Formula Systems (FORTY) is 139.39 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 136.73 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Formula Systems is 115.38 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Formula Systems is at 131.1 and 200 DMA is at 115.38, while 50 DMA and 100 DMA are at 139.39 and 136.73 respectively
Formula Systems (FORTY) moving average of 20 SMA is at 131.1 and 20 EMA is at 135.83
| Date | Closing Price | 20 SMA | 20 EMA |
| 08 Fri May | 147.40 | 131.1 | 135.83 |
| 06 Wed May | 148.20 | 129.83 | 134.61 |
| 06 Wed May | 148.20 | 128.67 | 133.18 |
| 05 Tue May | 142.14 | 127.58 | 131.6 |
| 28 Tue Apr | 132.48 | 127 | 130.49 |
| 27 Mon Apr | 136.28 | 126.68 | 130.28 |
Formula Systems (FORTY) moving average of 50 SMA is at 139.39 and 50 EMA is at 135.02
| Date | Closing Price | 50 SMA | 50 EMA |
| 08 Fri May | 147.40 | 139.39 | 135.02 |
| 06 Wed May | 148.20 | 139.66 | 134.51 |
| 06 Wed May | 148.20 | 139.87 | 133.95 |
| 05 Tue May | 142.14 | 139.86 | 133.37 |
| 28 Tue Apr | 132.48 | 139.97 | 133.01 |
| 27 Mon Apr | 136.28 | 140.12 | 133.03 |
Formula Systems (FORTY) moving average of 100 SMA is at 136.73 and 100 EMA is at 131.05
| Date | Closing Price | 100 SMA | 100 EMA |
| 08 Fri May | 147.40 | 136.73 | 131.05 |
| 06 Wed May | 148.20 | 136.49 | 130.72 |
| 06 Wed May | 148.20 | 136.34 | 130.37 |
| 05 Tue May | 142.14 | 136.21 | 130.01 |
| 28 Tue Apr | 132.48 | 136.07 | 129.76 |
| 27 Mon Apr | 136.28 | 135.87 | 129.7 |
Formula Systems (FORTY) moving average of 200 SMA is at 115.38 and 200 EMA is at 118.88
| Date | Closing Price | 200 SMA | 200 EMA |
| 08 Fri May | 147.40 | 115.38 | 118.88 |
| 06 Wed May | 148.20 | 115.06 | 118.59 |
| 06 Wed May | 148.20 | 114.74 | 118.29 |
| 05 Tue May | 142.14 | 114.41 | 117.99 |
| 28 Tue Apr | 132.48 | 114.11 | 117.75 |
| 27 Mon Apr | 136.28 | 113.84 | 117.6 |
Travelzoo has performed better than Formula Systems in short term. You could have earned much better returns by investing in Travelzoo, about 10.79% more returns!
Formula Systems has performed better than Ttec Holdings in short term. Holding Formula Systems could be a better choice for now!
Skyworks Solutions has performed better than Formula Systems in short term. You could have earned much better returns by investing in Skyworks Solutions, about 3.11% more returns!
Formula Systems has performed better than Qualys Inc in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Nvidia Corporation in short term. Holding Formula Systems could be a better choice for now!
Macom Technology has performed better than Formula Systems in short term. You could have earned much better returns by investing in Macom Technology, about 22.13% more returns!
Microstrategy Incorporated has performed better than Formula Systems in short term. You could have earned much better returns by investing in Microstrategy Incorporated, about 18.56% more returns!
Formula Systems has performed better than Mcgrath Rentcorp in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Multi Fineline in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Kelly Services in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Innovative Solutions in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Alphabet Inc in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Amdocs in short term. Holding Formula Systems could be a better choice for now!
Cvd Equipment has performed better than Formula Systems in short term. You could have earned much better returns by investing in Cvd Equipment, about 48.77% more returns!
Formula Systems has performed better than Criteo S in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Ascent Solar in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Autodesk Inc in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Apple Inc in short term. Holding Formula Systems could be a better choice for now!
Formula Systems Technical analysis of indicators
Price action analysis of Formula Systems (FORTY) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Formula Systems stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Formula Systems in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Formula Systems Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Formula Systems in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Formula Systems is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 139.94 and Formula Systems FORTY stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Formula Systems FORTY stock. Volume based technical analysis of Formula Systems FORTY stock is negative.
Formula Systems Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NASDAQ stock FORTY Formula Systems These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And FORTY Experts View which covers a lot of information including buying and selling signals
FORTY future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Formula Systems or View Candle Stick Charts here
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