Formula Systems (1985) MACD Golden Cross and RSI Oversold Signal
ByAinvest
Friday, Nov 21, 2025 12:52 pm ET1min read
FORTY--
According to the technical analysis of Formula Systems (1985)'s 15-minute chart, a golden cross in the MACD indicator and an oversold RSI reading of 11 at 12:45 on November 21, 2025, suggest a potential continuation of the upward trend in the stock price. The rapid decline in stock price may be unwarranted given the company's fundamental support, indicating a possible rebound in the near future.
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