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FORTY Crossed Above 20 Day Moving Average on July 24
FORTY closed up 7.31% on Friday, July 24th, with volume running 0.6× below average. Mixed technical signals appeared with Crossed Above 20 DMA and MACD Bullish Signal Line Cross and Directional Movement Crossover Bullish suggesting upside potential, while 50 DMA Resistance and 200 DMA Resistance and Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 112.1, 110.2 & 106.41, with resistance at 117.79, 121.58 & 123.48.
Current SwingTradeBot Technical Rating of FORTY: C
Traders are watching FORTY for a reason. See the full signal list.
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