Technical Analysis for FORTY - Formula Systems (1985) Ltd.

Grade Last Price % Change Price Change
grade B 48.0 5.74% 2.60
FORTY closed up 5.74 percent on Monday, May 20, 2019, on 13 percent of normal volume.

Earnings due: May 22

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Down
See historical FORTY trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Fell Below 20 DMA Bearish 5.74%
MACD Bearish Signal Line Cross Bearish 5.74%
Wide Bands Range Expansion 5.74%
Gapped Down Weakness 5.74%
Narrow Range Bar Range Contraction -3.67%
Wide Bands Range Expansion -3.67%

Older signals for FORTY ...

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Profile
Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology (IT) solutions and services company worldwide. The company engages in the development of customer software systems; customization of software developed to provide a response to customers' requirements; systems assimilation; provision of offshore and domestic services primarily for software developments and quality assurance, and software testing; integration of various components; and distribution and support of software products. It also supplies infrastructure solutions for computer and communication systems, as well as sells and markets hardware products; and operates technological training and qualification centers, which provide professional courses for hi-tech personnel, training and assimilation of computer systems, applications courses, professional training, soft-skills training, and training for capital market operations. In addition, the company develops, markets, sells, and supports application platform, and business and process integration solutions, including uniPaas Application Platform, an application platform that supports various deployment models; iBOLT Business and Process Integration Platform, a graphical wizard-based code-free solution for business processes and applications; and AppBuilder Application Platform, a development environment used for managing, maintaining, and reusing applications. Further, it offers consulting and software development project management, maintenance, technical support, and training services; telecom infrastructure technologies, cargo handling, and installation services; and software solutions, IT services, and outsourcing of application maintenance services for the insurance industry. The company was founded in 1985 and is headquartered in Or Yehuda, Israel. Formula Systems (1985) Ltd. is a subsidiary of Asseco Poland S.A.
Computing Information Technology Digital Technology Cloud Computing Insurance Industry Software Solutions Hardware Products Installation Services Communication Systems Software Testing Enterprise Application Integration Application Maintenance Services Software Ag
Is FORTY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 53.48
52 Week Low 32.55
Average Volume 775
200-Day Moving Average 39.8571
50-Day Moving Average 41.2228
20-Day Moving Average 46.4168
10-Day Moving Average 48.3276
Average True Range 1.9089
ADX 31.27
+DI 53.7417
-DI 33.0612
Chandelier Exit (Long, 3 ATRs ) 47.7533
Chandelier Exit (Short, 3 ATRs ) 45.0267
Upper Bollinger Band 53.504
Lower Bollinger Band 39.3296
Percent B (%b) 0.61
BandWidth 30.537219
MACD Line 2.1621
MACD Signal Line 2.4691
MACD Histogram -0.307
Fundamentals Value
Market Cap 688.22 Million
Num Shares 14.3 Million
EPS 0.81
Price-to-Earnings (P/E) Ratio 59.26
Price-to-Sales 0.50
Price-to-Book 1.73
PEG Ratio 0.00
Dividend 0.68
Dividend Yield 1.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.00
Resistance 3 (R3) 48.00 48.00 48.00
Resistance 2 (R2) 48.00 48.00 48.00 48.00
Resistance 1 (R1) 48.00 48.00 48.00 48.00 48.00
Pivot Point 48.00 48.00 48.00 48.00 48.00
Support 1 (S1) 48.00 48.00 48.00 48.00 48.00
Support 2 (S2) 48.00 48.00 48.00 48.00
Support 3 (S3) 48.00 48.00 48.00
Support 4 (S4) 48.00