FORTY Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Formula Systems 1985 Ltd (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -1.392, suggesting FORTY is Neutral.

Formula Systems 1985 Ltd (FORTY) 20-Day simple moving average is 124.312, while Formula Systems 1985 Ltd (FORTY) share price is $130.5, making it Buy.

Formula Systems 1985 Ltd (FORTY) 60-Day simple moving average is 145.214, while Formula Systems 1985 Ltd (FORTY) share price is $130.5, making it Sell.

Technical Analysis for FORTY

Technical Sentiment Analysis for Formula Systems 1985 Ltd (FORTY) As of 2026-03-20, Formula Systems 1985 Ltd (FORTY) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 6 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FORTY stands at 50.652, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.392, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 74.352 and the Commodity Channel Index (CCI) at 69.949 further confirm a -4.49 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, FORTY is trading above its 60-day moving average of $145.214 and above its 200-day long-term moving average of $139.495. Key price levels to watch include the immediate resistance at $135.918 and strong support at $119.478. A break above $135.918 could signal a bull continuation, while falling below $119.478 may test the next Fibonacci floor at $111.524.

Formula Systems 1985 Ltd (FORTY) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	103.038	111.524	119.478	127.964	135.918	144.404	152.358
Fibonacci	111.524	117.804	121.684	127.964	134.244	138.124	144.404

Formula Systems 1985 Ltd (FORTY) Technical Indicators

2026-03-20

Name	Value
RSI_14	50.652
STOCHk_14_3_3	74.352
STOCHd_14_3_3	80.449
CCI_20	69.949
AO_5_34	4.231
MOM_10	-4.49
MACD_12_26_9	-1.392

Formula Systems 1985 Ltd (FORTY) Relative Strength Index (RSI) is 50.652, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Stochastic Oscillator is 74.352, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Stochastic RSI is 80.449, creating a Sell signal.

Formula Systems 1985 Ltd (FORTY) Commodity Channel Index (CCI) is 69.949, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Awesome Oscillator is 4.231, creating a Buy signal.

Formula Systems 1985 Ltd (FORTY) Momentum is -4.49, creating a Sell signal.

Formula Systems 1985 Ltd (FORTY) MACD is -1.392, creating a Sell signal.

Formula Systems 1985 Ltd (FORTY) Moving Average

2026-03-20

Period	Simple	Signal
MA_5	131.365	Sell
MA_10	127.433	Buy
MA_20	124.312	Buy
MA_60	145.214	Sell
MA_200	139.495	Sell
MA_250	130.271	Buy

Formula Systems 1985 Ltd (FORTY) 5-Day simple moving average is 131.365, while Formula Systems 1985 Ltd (FORTY) share price is $130.5, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 10-Day simple moving average is 127.433, while Formula Systems 1985 Ltd (FORTY) share price is $130.5, making it a Buy.

Formula Systems 1985 Ltd (FORTY) 20-Day simple moving average is 124.312, while Formula Systems 1985 Ltd (FORTY) share price is $130.5, making it a Buy.

Formula Systems 1985 Ltd (FORTY) 60-Day simple moving average is 145.214, while Formula Systems 1985 Ltd (FORTY) share price is $130.5, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 200-Day simple moving average is 139.495, while Formula Systems 1985 Ltd (FORTY) share price is $130.5, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 250-Day simple moving average is 130.271, while Formula Systems 1985 Ltd (FORTY) share price is $130.5, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for FORTY?

The overall technical consensus for Formula Systems 1985 Ltd (FORTY) is currently Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 3 sell signals.

What are the key support and resistance levels for Formula Systems 1985 Ltd (FORTY) today?

Based on pivot point calculations, Formula Systems 1985 Ltd (FORTY) has an immediate support level at 119.478 and a major resistance level at 135.918. Traders also monitor the pivot point at 127.964 to determine the intraday trend direction.

Is Formula Systems 1985 Ltd (FORTY) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Formula Systems 1985 Ltd (FORTY) is currently 50.652. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Formula Systems 1985 Ltd (FORTY)?

Formula Systems 1985 Ltd (FORTY) Moving Averages Convergence Divergence (MACD) indicator is -1.392, suggesting FORTY is Neutral. This indicator helps identify potential trend reversals or momentum shifts for Formula Systems 1985 Ltd.

How is Formula Systems 1985 Ltd (FORTY) performing relative to its 200-day moving average?

Formula Systems 1985 Ltd (FORTY) is currently trading at $130.5, which is below its 200-day simple moving average of 139.495. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.