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Is FORTY getting ready to pop? Narrow Range Bar shows up after rising 1.12%

SwingTradeBot Nightly Stock Scan: Formula Systems (1985) Ltd. (FORTY) — Technical Patterns & Alerts · Jul 16, 2026, 19:53 ET
FORTY finished higher by 1.12% on Thursday, July 16th, trading 0.9 times its typical volume. The session formed a Narrow Range Bar, often signaling a possible continuation. Key support levels exist at 107.21, 106.41 & 106.02, with resistance at 108.4, 108.79 & 109.59.

Current SwingTradeBot Technical Rating of FORTY: D

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