Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into operating segments: The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, Michpal, ZAP Group, and Others. The majority of the company's revenue comes from Israel.
Recently
FORTY Price Trend and Signals
FORTY Short Volume (from FINRA off-exchange and ATS venues)
FORTY Short Interest
2026-04-01Bullishmacd_signal
Golden cross below zero detected.
2026-03-31Somewhat Bearishprice_signal
Half-yearly low detected.
2026-03-30Bearishmacd_signal
Dead cross below zero detected.
2026-03-30Somewhat Bearishprice_signal
Half-yearly low detected.
2026-03-20Bullishmacd_signal
Golden cross below zero detected.
2026-03-18Somewhat Bullishprice_signal
Monthly high detected.
2026-03-04Somewhat Bullishbottom_signal_v1
Potential bottom confirmed based on multi-timeframe lows.
2026-02-23Somewhat Bearishprice_signal
Half-yearly low detected.
2026-02-12Somewhat Bearishprice_signal
Half-yearly low detected.
2026-02-04Somewhat Bearishprice_signal
Quarterly low detected.
2026-02-04Bearishprice_signal
Large price change detected: -20.1%.
2026-01-21Somewhat Bearishprice_signal
Monthly low detected.
2026-01-15Somewhat Bearishmacd_signal
Dead cross above zero detected.
2026-01-07Somewhat Bearishprice_signal
Monthly low detected.
2025-12-24Somewhat Bullishprice_signal
Yearly high detected.
2025-12-18Somewhat Bullishprice_signal
Yearly high detected.
2025-12-10Somewhat Bullishprice_signal
Yearly high detected.
2025-12-03Somewhat Bullishprice_signal
Yearly high detected.
2025-11-18Somewhat Bullishprice_signal
Yearly high detected.
2025-11-12Somewhat Bullishmacd_signal
Golden cross above zero detected.
2025-11-12Somewhat Bullishprice_signal
Yearly high detected.
2025-10-20Somewhat Bearishmacd_signal
Dead cross above zero detected.
2025-10-09Somewhat Bullishmacd_signal
Golden cross above zero detected.
2025-10-09Somewhat Bullishprice_signal
Yearly high detected.
2025-08-11Somewhat Bullishbottom_signal_v1
Potential bottom confirmed based on multi-timeframe lows.
2025-04-11Somewhat Bullishbottom_signal_v1
Potential bottom confirmed based on multi-timeframe lows.
2025-03-11Somewhat Bullishbottom_signal_v1
Potential bottom confirmed based on multi-timeframe lows.
2025-01-21Somewhat Bullishbottom_signal_v1
Potential bottom confirmed based on multi-timeframe lows.