Formula Systems (1985) (FORTY) Technical Analysis: Signals, Charts & Indicators

2.38 / 10

Underperform

Technical score is 2.38/10, classified as underperform. Only the Marubozu White candlestick shows bullish bias; MACD golden cross, long upper shadow and RSI overbought all signal bearish momentum, indicating a weak market stance.

Analysis Checks(1/4)

Long Upper Shadow

Score1/10

Win Rate0.00%

Hist. Signals2

Avg Return-1.74%

RSI Overbought

Score1/10

Win Rate30.43%

Hist. Signals46

Avg Return-1.46%

MACD Golden Cross

Score1/10

Win Rate22.22%

Hist. Signals9

Avg Return0.48%

Marubozu White

Score6.51/10

Win Rate57.89%

Hist. Signals19

Avg Return1.38%

What is the current technical signals for FORTY?

FORTY presents a Underperform setup with a Technical Score of 2.38/10. Key technical indicators highlight an RSI of 48.85 and a MACD of -0.85, with the trend anchored by the 50-Day SMA at 132.35. Traders should monitor key support at 107.21 and resistance at 116.43.