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 3.432, suggesting FORTY is Sell.

Formula Systems 1985 Ltd (FORTY) 20-Day simple moving average is 140.704, while Formula Systems 1985 Ltd (FORTY) share price is $139.78, making it Sell.

Formula Systems 1985 Ltd (FORTY) 60-Day simple moving average is 129.576, while Formula Systems 1985 Ltd (FORTY) share price is $139.78, making it Buy.

Technical Analysis for FORTY

Technical Sentiment Analysis for Formula Systems 1985 Ltd (FORTY) As of 2026-05-15, Formula Systems 1985 Ltd (FORTY) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FORTY stands at 51.514, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 3.432, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 44.399 and the Commodity Channel Index (CCI) at -15.889 further confirm a -2.21 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, FORTY is trading below its 60-day moving average of $129.576 and below its 200-day long-term moving average of $141.654. Key price levels to watch include the immediate resistance at $149.527 and strong support at $138.917. A break above $149.527 could signal a bull continuation, while falling below $138.917 may test the next Fibonacci floor at $133.598.

Formula Systems 1985 Ltd (FORTY) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	128.307	133.598	138.917	144.208	149.527	154.818	160.137
Fibonacci	133.598	137.651	140.155	144.208	148.261	150.765	154.818

Formula Systems 1985 Ltd (FORTY) Technical Indicators

2026-05-15

Name	Value
RSI_14	51.514
STOCHk_14_3_3	44.399
STOCHd_14_3_3	57.39
CCI_20	-15.889
AO_5_34	8.798
MOM_10	-2.21
MACD_12_26_9	3.432

Formula Systems 1985 Ltd (FORTY) Relative Strength Index (RSI) is 51.514, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Stochastic Oscillator is 44.399, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Stochastic RSI is 57.39, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Commodity Channel Index (CCI) is -15.889, creating a Neutral signal.

Formula Systems 1985 Ltd (FORTY) Awesome Oscillator is 8.798, creating a Buy signal.

Formula Systems 1985 Ltd (FORTY) Momentum is -2.21, creating a Sell signal.

Formula Systems 1985 Ltd (FORTY) MACD is 3.432, creating a Buy signal.

Formula Systems 1985 Ltd (FORTY) Moving Average

2026-05-15

Period	Simple	Signal
MA_5	142.612	Sell
MA_10	144.235	Sell
MA_20	140.704	Sell
MA_60	129.576	Buy
MA_200	141.654	Sell
MA_250	136.839	Buy

Formula Systems 1985 Ltd (FORTY) 5-Day simple moving average is 142.612, while Formula Systems 1985 Ltd (FORTY) share price is $139.78, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 10-Day simple moving average is 144.235, while Formula Systems 1985 Ltd (FORTY) share price is $139.78, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 20-Day simple moving average is 140.704, while Formula Systems 1985 Ltd (FORTY) share price is $139.78, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 60-Day simple moving average is 129.576, while Formula Systems 1985 Ltd (FORTY) share price is $139.78, making it a Buy.

Formula Systems 1985 Ltd (FORTY) 200-Day simple moving average is 141.654, while Formula Systems 1985 Ltd (FORTY) share price is $139.78, making it a Sell.

Formula Systems 1985 Ltd (FORTY) 250-Day simple moving average is 136.839, while Formula Systems 1985 Ltd (FORTY) share price is $139.78, 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 Sell. 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 138.917 and a major resistance level at 149.527. Traders also monitor the pivot point at 144.208 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 51.514. 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 3.432, suggesting FORTY is Sell. 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 $139.78, which is below its 200-day simple moving average of 141.654. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.