Back to top

FORTY forms MACD Bullish Signal Line Cross on July 24

SwingTradeBot Nightly Stock Scan: Formula Systems (1985) Ltd. (FORTY) — Technical Patterns & Alerts · Jul 24, 2026, 17:52 ET
FORTY posted a 5.28% gain on Friday, July 24th, accompanied by 1.2× normal trading volume. Mixed technical signals appeared with MACD Bullish Signal Line Cross and Directional Movement Crossover Bullish suggesting upside potential, while 20 DMA Resistance and 50 DMA Resistance and 200 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 110.67, 109.49 & 104.99, with resistance at 116.35, 120.85 & 122.03.

Current SwingTradeBot Technical Rating of FORTY: D

See all signals and full analysis for FORTY on SwingTradeBot.com →

Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE: