USA Stock FORTY Historical charts - Formula Systems (1985) Ltd.

Historical charts for Stock FORTY - Share Formula Systems (1985) Ltd. trades in USA under Technology Deals in EDP Services

Moving Averages for

5Day Average: 86.87
12Day Average: 86.67
20Day Average: 90.11
50Day Average: 92.86
100Day Average: 87.73
150Day Average: 84.04

FORTY Indicators & signals

Indicator MACD (12,26,9)

87.64, 89.8, -2.03
Indicator MACD is in negative zone

Indicator ADX (14)

27.78, 27.9, 49.36
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FORTY are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
15 Tue Apr 2025	86.70	84.52 to 86.70	-0.68%	0.5 times
14 Mon Apr 2025	87.29	86.90 to 87.57	-0.05%	2.45 times
11 Fri Apr 2025	87.33	84.91 to 87.33	1.56%	1.01 times
10 Thu Apr 2025	85.99	85.95 to 85.99	-1.23%	0.43 times
09 Wed Apr 2025	87.06	87.06 to 89.14	0.43%	0.72 times
08 Tue Apr 2025	86.69	86.69 to 87.70	3.45%	1.08 times
07 Mon Apr 2025	83.80	82.52 to 84.50	-0.44%	0.72 times
04 Fri Apr 2025	84.17	84.17 to 84.17	0%	0.29 times
04 Fri Apr 2025	84.17	84.17 to 84.17	-4.52%	0.29 times
03 Thu Apr 2025	88.15	87.16 to 89.45	-1.34%	2.09 times
02 Wed Apr 2025	89.35	89.00 to 90.00	0%	0.94 times
01 Tue Apr 2025	89.35	87.22 to 89.50	-0.11%	1.29 times

Technical analysis forecast for FORTY Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT FORTY FORTY at this time. Stock is falling and might fall more.

It appears as if FORTY FORTY gave a large move recently.

Stock of FORTY (FORTY) 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...

My analysis of FORTY is bearish for shortterm, and stock might move down till 84.1 or till 78.2. Use a stoploss of 89.07 and if the stock hits stoploss, then it can shoot up till 94.01

Tomorrow's movement Prediction of 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.

Munafa value: 65

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.