Formula Systems (1985) (FORTY, $87.46) RSI Indicator left the oversold zone on January 06, 2025

#InformationTechnologyServices, #TechnicalAnalysis, #RSI, #Bullish, #Stocks, #SmallCap
FORTY - Formula Systems (1985) Ltd
RSI signal
Bullish Trend
83%
Odds of UP Trend
Price: $87.46
Daily change: +$4.46 (+5.37%)
Daily volume: 605
Capitalization: $1.3B
Industry: Information Technology Services

This is a signal that FORTY's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. A.I.dvisor looked back and found 24 similar cases where FORTY's RSI Indicator left the oversold zone, and in 20 of them led to a successful outcome. Odds of Success: 83%.