Formula Systems (1985) 15-min chart triggers RSI overbought, Bollinger Bands narrowing.
ByAinvest
Tuesday, Jan 27, 2026 10:31 am ET1min read
FORTY--
According to the 15-minute chart of Formula Systems (1985), the RSI indicator has reached an overbought level, and the Bollinger Bands have narrowed significantly as of January 27, 2026, at 10:15. This suggests that the stock price has increased excessively and is now trading above its fundamental support level, with a decrease in the magnitude of price fluctuations.
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