Formula Systems (1985) (FORTY) Technical Analysis

As of 2026-09-11, FORTY last traded at 122.61 USD (-4.95% on the day) and is in a range on the daily timeframe — insufficient history for 200-DMA. Nearest levels: 106.14 USD support below, 129 USD resistance above. 14-day RSI is 69.5 (bullish).

Last updated 2026-09-11 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ

Is FORTY in an uptrend or downtrend?

Formula Systems (1985) is in a range — insufficient history for 200-DMA.

Last close122.61 USD (-4.95%)
20-day average116.66 USD
50-day averagen/a
200-day averagen/a

Key support and resistance levels for FORTY

Derived from swing pivots over the last 37 sessions:

LevelTypeStrengthTouches
129 USDResistanceMinor1
LevelTypeStrengthTouches
106.14 USDSupportMinor1
104.63 USDSupportModerate2
102.01 USDSupportMinor1

FORTY 52-week range, momentum and volatility

52-week high129 USD (5% below)
52-week low102.01 USD (20.2% above)
14-day RSI69.5 (Bullish)
14-day ATR2.54 USD (2.07% of price, Moderate volatility)

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Frequently asked questions

Is Formula Systems (1985) (FORTY) in an uptrend or downtrend?

As of 2026-09-11, FORTY is in a range on the daily timeframe — insufficient history for 200-DMA. Last close 122.61 USD vs 50-day average n/a and 200-day average n/a.

What are the key support and resistance levels for FORTY?

Nearest support is around 106.14 USD (minor, 1 touch). Nearest resistance is around 129 USD (minor). Levels are derived from swing pivots over the last ~200 sessions.

What is FORTY's 52-week high and low?

Over the last 52 weeks, FORTY traded between 102.01 USD and 129 USD. It is currently 5.0% below its 52-week high.

Is FORTY overbought or oversold?

The 14-day RSI is 69.5 — in a neutral 30–70 range. Momentum reads as bullish.

How volatile is FORTY?

Its 14-day Average True Range is 2.54 (2.07% of price) — moderate volatility relative to price.