Formula Systems (1985) (FORTY) Technical Analysis

As of 2026-07-22, FORTY last traded at 106.23 USD (-3.21% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 102.01 USD support below, 111.03 USD resistance above. 14-day RSI is 47.9 (neutral).

Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ

Is FORTY in an uptrend or downtrend?

Formula Systems (1985) is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.

Last close106.23 USD (-3.21%)
20-day average108.18 USD
50-day average121.6 USD
200-day average139.33 USD

Key support and resistance levels for FORTY

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
111.03 USDResistanceMinor1
113 USDResistanceMinor1
122 USDResistanceMinor1
LevelTypeStrengthTouches
102.01 USDSupportMinor1

FORTY 52-week range, momentum and volatility

52-week high190.56 USD (44.3% below)
52-week low102.01 USD (4.1% above)
14-day RSI47.9 (Neutral)
14-day ATR1.59 USD (1.5% of price, Moderate volatility)

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Frequently asked questions

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

As of 2026-07-22, FORTY is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 106.23 USD vs 50-day average 121.6 USD and 200-day average 139.33 USD.

What are the key support and resistance levels for FORTY?

Nearest support is around 102.01 USD (minor, 1 touch). Nearest resistance is around 111.03 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 190.56 USD. It is currently 44.3% below its 52-week high.

Is FORTY overbought or oversold?

The 14-day RSI is 47.9 — in a neutral 30–70 range. Momentum reads as neutral.

How volatile is FORTY?

Its 14-day Average True Range is 1.59 (1.5% of price) — moderate volatility relative to price.