Munafa Formula Systems (1985) Ltd. (FORTY) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow
Munafa Formula Systems (1985) Ltd. (FORTY) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow Formula Systems (1985) Ltd. intraday tips for today and tomorrow
Formula Systems (1985) Ltd. (FORTY) Indicator analysis
Recent prices of FORTY Formula Systems (1985) Ltd. are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
03 Fri May 2024 | 76.80 | 75.31 to 76.80 | 2.4% | 1.61 times |
02 Thu May 2024 | 75.00 | 75.00 to 75.00 | 2.74% | 0.65 times |
01 Wed May 2024 | 73.00 | 73.00 to 73.05 | -2.41% | 1.29 times |
26 Fri Apr 2024 | 74.80 | 72.52 to 74.80 | 0.27% | 0.97 times |
25 Thu Apr 2024 | 74.60 | 74.60 to 74.60 | 0% | 0.32 times |
23 Tue Apr 2024 | 74.60 | 74.60 to 74.60 | -0.53% | 0.65 times |
22 Mon Apr 2024 | 75.00 | 75.00 to 75.00 | 1.15% | 0.65 times |
17 Wed Apr 2024 | 74.15 | 72.66 to 74.15 | -0.6% | 1.61 times |
16 Tue Apr 2024 | 74.60 | 74.60 to 74.60 | -3.44% | 0.97 times |
15 Mon Apr 2024 | 77.26 | 77.26 to 77.26 | -2.57% | 0.97 times |
12 Fri Apr 2024 | 79.30 | 78.30 to 79.50 | -0.94% | 1.94 times |
09 Tue Apr 2024 | 80.05 | 80.05 to 80.83 | -3.66% | 0.65 times |
Formula Systems FORTY intraday stock tips
03 Friday May Stock tips for Formula Systems (FORTY) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
It appears as if Formula Systems FORTY gave a large move recently.
My analysis of Formula Systems is bullish for shortterm, and stock might move up till 79.5 or till 83.5. Use a stoploss of 76.23 and if this stock hits its stoploss, then it can fall down till 72.94
02 Thursday May Stock tips for Formula Systems Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Formula Systems FORTY gave a large move recently.
My analysis of Formula Systems is bearish for shortterm, and stock might move down till 72.9 or till 68.9. Use a stoploss of 76.17 and if the stock hits stoploss, then it can shoot up till 79.46
01 Wednesday May Stock tips for Formula Systems Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Formula Systems FORTY gave a large move recently.
My analysis of Formula Systems is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Formula Systems stays below 73.1, but if it comes above 73.1, then a intra day buy could be more profitable.
If you take a sell trade below 73.1, then use 73.1 as stoploss and 69.2 as target. However if you take a buy trade in Formula Systems, then use 73.1 as stoploss and 76.29 as target.
26 Friday April Stock tips for Formula Systems Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Formula Systems FORTY gave a large move recently.
My analysis of Formula Systems is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 73.6 as stoploss in an intra day buy trade for a target of 76.64. However, stock will show a bearish move below 73.6.
25 Thursday April Stock tips for Formula Systems Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Formula Systems FORTY gave a large move recently.
My analysis of Formula Systems is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 73.9 as stoploss in an intra day buy trade for a target of 76.83. However, stock will show a bearish move below 73.9.
23 Tuesday April Stock tips for Formula Systems Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Formula Systems FORTY gave a large move recently.
My analysis of Formula Systems is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 74.2 as stoploss in an intra day buy trade for a target of 77.06. However, stock will show a bearish move below 74.2.
22 Monday April Stock tips for Formula Systems Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
It appears as if Formula Systems FORTY gave a large move recently.
My analysis of Formula Systems is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 74.6 as stoploss in an intra day buy trade for a target of 77.32. However, stock will show a bearish move below 74.6.
Formula Systems FORTY tips for tomorrow
Tomorrow's movement Prediction of Formula Systems FORTY appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.
Tomorrow's movement Prediction of Formula Systems FORTY is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 74.9
Munafa value: 75
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.