FORTY Stock Tickeron detected bullish Stock Pattern: Broadening Wedge Descending FORTY on May 08, 2025, netting in a 3.26% gain over 1 month

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+3.26% Gain from a Successful pattern Broadening Wedge Descending

FORTY - Formula Systems (1985) Ltd

Ticker: FORTY

Company: Formula Systems (1985)

Gain: +3.26%

Confirmed: 05/08/25

Succeeded: 05/08/25

Total length: 43 days

On March 26, 2025, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bullish) for Formula Systems (1985) Ltd (FORTY, $88.52). On May 08, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $98.94. On May 08, 2025, FORTY reached the target price resulting in a for traders who took a long position in the stock.

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A.I. Advisor

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