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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: 18 Aug 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 118.20 and Closed at: 116.21, which is 5.45% of previous session's close. It moved within a range of 116.21 and 118.20
The session was a Bearish session with an average volume of 900, which is 55.56% of previous session's volumes.
- The stock has shown an up move, and its short term trend is also positive and in an uptrend.
- Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
A Dead cross was found 5 days back on short term averages
Support for tomorrow is 115.22 and resistance for tomorrow is 117.21
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 115.55, 114.88 resistance for tomorrow's hourly charts is 117.54, 118.86
10 Day SMA for Formula Systems (FORTY) is 108.2 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 109 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 120 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 130.06 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Formula Systems is 121.27 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Formula Systems is at 109 and 200 DMA is at 121.27, while 50 DMA and 100 DMA are at 120 and 130.06 respectively
Formula Systems (FORTY) moving average of 20 SMA is at 109 and 20 EMA is at 110.18
| Date | Closing Price | 20 SMA | 20 EMA |
| 18 Tue Aug | 116.21 | 109 | 110.18 |
| 17 Mon Aug | 109.88 | 108.84 | 109.55 |
| 13 Thu Aug | 109.25 | 108.78 | 109.52 |
| 12 Wed Aug | 105.00 | 108.66 | 109.55 |
| 11 Tue Aug | 104.27 | 108.51 | 110.03 |
| 10 Mon Aug | 107.40 | 108.45 | 110.64 |
Formula Systems (FORTY) moving average of 50 SMA is at 120 and 50 EMA is at 116.51
| Date | Closing Price | 50 SMA | 50 EMA |
| 18 Tue Aug | 116.21 | 120 | 116.51 |
| 17 Mon Aug | 109.88 | 120.38 | 116.52 |
| 13 Thu Aug | 109.25 | 120.76 | 116.79 |
| 12 Wed Aug | 105.00 | 121.29 | 117.1 |
| 11 Tue Aug | 104.27 | 121.85 | 117.59 |
| 10 Mon Aug | 107.40 | 122.33 | 118.13 |
Formula Systems (FORTY) moving average of 100 SMA is at 130.06 and 100 EMA is at 121.34
| Date | Closing Price | 100 SMA | 100 EMA |
| 18 Tue Aug | 116.21 | 130.06 | 121.34 |
| 17 Mon Aug | 109.88 | 130.32 | 121.44 |
| 13 Thu Aug | 109.25 | 130.71 | 121.67 |
| 12 Wed Aug | 105.00 | 131.03 | 121.92 |
| 11 Tue Aug | 104.27 | 131.42 | 122.26 |
| 10 Mon Aug | 107.40 | 131.87 | 122.62 |
Formula Systems (FORTY) moving average of 200 SMA is at 121.27 and 200 EMA is at 117.26
| Date | Closing Price | 200 SMA | 200 EMA |
| 18 Tue Aug | 116.21 | 121.27 | 117.26 |
| 17 Mon Aug | 109.88 | 121.17 | 117.27 |
| 13 Thu Aug | 109.25 | 121.1 | 117.34 |
| 12 Wed Aug | 105.00 | 121.04 | 117.42 |
| 11 Tue Aug | 104.27 | 121 | 117.55 |
| 10 Mon Aug | 107.40 | 120.96 | 117.68 |
Zscaler Inc has performed better than Formula Systems in short term. You could have earned much better returns by investing in Zscaler Inc, about 18.63% more returns!
Tigerlogic Corporation has performed better than Formula Systems in short term. You could have earned much better returns by investing in Tigerlogic Corporation, about 3.88% more returns!
Ss C has performed better than Formula Systems in short term. You could have earned much better returns by investing in Ss C, about 5.87% more returns!
Formula Systems has performed better than Supercom in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Radcom in short term. Holding Formula Systems could be a better choice for now!
Ptc Inc has performed better than Formula Systems in short term. You could have earned much better returns by investing in Ptc Inc, about 18.87% more returns!
Formula Systems has performed better than Eplus Inc in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Onespan Inc in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Nve Corporation in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Mcgrath Rentcorp in short term. Holding Formula Systems could be a better choice for now!
Manhattan Associates has performed better than Formula Systems in short term. You could have earned much better returns by investing in Manhattan Associates, about 30.03% more returns!
Lincoln Electric has performed better than Formula Systems in short term. You could have earned much better returns by investing in Lincoln Electric, about 5.05% more returns!
Formula Systems has performed better than Aci Worldwide in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Advanced Micro in short term. Holding Formula Systems could be a better choice for now!
Appfolio Inc has performed better than Formula Systems in short term. You could have earned much better returns by investing in Appfolio Inc, about 28.32% more returns!
Axt Inc has performed better than Formula Systems in short term. You could have earned much better returns by investing in Axt Inc, about 43.07% more returns!
Formula Systems has performed better than Blackline Inc in short term. Holding Formula Systems could be a better choice for now!
Formula Systems has performed better than Check Point in short term. Holding Formula Systems could be a better choice for now!
Greenpro Capital has performed better than Formula Systems in short term. You could have earned much better returns by investing in Greenpro Capital, about 856.13% more returns!
Formula Systems Technical analysis of indicators
Price action analysis of Formula Systems (FORTY) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Formula Systems stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Formula Systems in short term but the buy signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Formula Systems in short term and BUY signal is strong.
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Formula Systems is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 109.36 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 negative.
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
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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