Why Is Formula Systems (1985) Ltd. (NASDAQ: FORTY) Stock Down Today?
Live update on FORTY's movement on the NASDAQ, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Formula Systems (1985) Ltd. (NASDAQ: FORTY) Update
Formula Systems (1985) Ltd. (NASDAQ: FORTY) Summary
Formula Systems (1985) Ltd. (NASDAQ: FORTY) is trading down -2.97% at $123.50, reflecting a negative shift in investor sentiment today. The stock opened at $118.23 and has moved between $118.23 and $123.50 so far.
Trading volume is 80, which is 89% below its average, and the price action suggests selling interest.
Technically, FORTY on the NASDAQ is trading above its 50-day moving average of $119.34 and above its 200-day moving average of $122.98, indicating short-term and long-term strength.
Meyka's AI assigns FORTY a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +5.30% in 1 month ($130.04), +25.93% in 1 year ($155.52), and +105.18% in 5 years ($253.40).
See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
Stay informed and make better investment decisions.
FORTY (NASDAQ) Technical Signals
Trading over 50-day moving average ($119.34)
Trading over 200-day moving average ($122.98)
Price Forecast
1 Month
$130.04
1 Year
$155.52
3 Years
$204.35
5 Years
$253.40
Is this change significant?
5-Day:+12.02%
1-Month:+4.53%
3-Month:+18.44%
What's next?
Next earnings date: 7/30/2025