FORTY Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom FORTY on May 08, 2025, netting in a 13.39% gain over 2 months

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+13.39% Gain from a Successful pattern Head-and-Shoulders Bottom

FORTY - Formula Systems (1985) Ltd

Ticker: FORTY

Company: Formula Systems (1985)

Gain: +13.39%

Confirmed: 05/08/25

Succeeded: 05/29/25

Total length: 72 days

On March 18, 2025, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Formula Systems (1985) Ltd (FORTY, $95.68). On May 08, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $106.93. 21 days later, on May 29, 2025, FORTY reached the target price resulting in a +1 for traders who took a long position in the stock.

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published General Information

General Information

a provider of software and IT consulting services

Industry InformationTechnologyServices

Profile

Fundamentals

Details

Industry

Information Technology Services

Address

Yahadut Canada 1 Street

Phone

+972 35389389

Employees

22059

Web

https://www.formulasystems.com