Skip to main content
Indian stocks: Visit www.stage2stocks.com →

Formula Systems (1985) Ltd.

Stage 1 · Basing · week 7

As of Oct 22, 2026, Formula Systems (1985) is in Stage 1, the basing phase, now in week 7 (since Sep 10, 2026). It closed at $119.22, 30.1% below its 52-week high and above its 200-day average, which is falling.

Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology company in Israel and internationally. More about the company

$119.22
+0.00% today
$1.8B · Small cap
Market Neutral — Building

Pro read

Pro

Our read

Basing, not in an uptrend yet

Setup score

—

Momentum

Steady

Edge

—

Is FORTY early, or has it already run? Pro answers that for every US stock we cover, after every close.

Get Pro · $19 a month

Renews monthly until you cancel. Cancel any time in Plan & billing.

Loading price chart…
Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 25w
S2 37w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 5w → S3 5w → S4 11w → S1 9w → S2 13w → S3 6w → S2 2w → S3 3w → S2 4w → S3 3w → S2 25w → S3 6w → S2 37w → S3 5w → S4 7w → S1 9w → S4 9w → S1 6w current
Total tracked: 165 weeks across 18 stage runs.

FORTY among Information Technology Services24th of 79 by relative strength

All 79 →
Stocks in Information Technology Services ranked by relative strength, with stage and one-month change
#StockStageRS1M
1MGRTStage 2 · wk 999−7.5%
2CHRNStage 3 · wk 698−24.6%
3MAASStage 3 · wk 498−17.1%
4SAIHStage 2 · wk 2598−19.1%
5PENGStage 2 · wk 297−3.7%
6SAICStage 2 · wk 2084+8.3%
7IBEXStage 2 · wk 1074+10.0%
8INGMStage 3 · wk 873+0.7%
…24FORTYStage 1 · wk 749+4.6%
vs 52W High
-30.1%
$98.95 lo$170.47 hi
30.1% below 52W high, far from high
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 7
1w13w26w
Week 7, early base
How long this stock has been basing. Longer bases can produce stronger breakouts, but the breakout itself is the signal.
vs 200 DMA
0.4%
200 DMA: $118.74 · sloping down
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
0.00x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+4.6%
3M
+6.0%
6M
-1.9%
YTD
-20.4%
1Y
-6.0%
Scan Membership
Breakout Watch
Latest: 2025-05-30
11 appearances in last 60 days. First seen: 2018-10-16.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S1
Wk 7 · Vol 0.00x
2026-10-21S1
Wk 6 · Vol 0.95x
2026-10-20S1
Wk 6 · Vol 0.97x
2026-10-19S1
Wk 6 · Vol 0.65x
2026-10-16S1
Wk 6 · Vol 0.00x
2026-10-15S1
Wk 6 · Vol 0.00x
2026-10-14S1
Wk 5 · Vol 0.97x
2026-10-13S1
Wk 5 · Vol 0.00x
2026-10-12S1
Wk 5 · Vol 0.32x
2026-10-09S1
Wk 5 · Vol 0.00x
2026-10-08S1
Wk 5 · Vol 0.00x
2026-10-07S1
Wk 4 · Vol 0.00x
Moving averages & range
50 DMA
$117.55
200 DMA
$118.74
52W High
$170.47
52W Low
$98.95
5D Low
$114.28
Resistance levels (recent highs)
20d High
$119.22
60d High
$127.24
120d High
$137.15
250d High
$170.47
Next resistance
+6.7%
to 60d High
P/E (TTM)
25.3
Forward —
Earnings Growth (YoY)
+54.7%
Revenue +5.3%
ROE
+10.4%
Profit margin +21.6%
Dividend Yield
1.84%
P/B 1.5

Formula Systems (1985): quick answers

What stage is Formula Systems (1985) in?

As of Oct 22, 2026, Formula Systems (1985) (FORTY) is in Stage 1, the basing phase. It entered Stage 1 on Sep 10, 2026 and is in week 7. What the four stages mean

Is Formula Systems (1985) in an uptrend?

Not yet. Formula Systems (1985) is in Stage 1, a base that can come before an uptrend. It trades 0.4% above its 200-day average, which is falling.

How far is Formula Systems (1985) from its 52-week high?

Formula Systems (1985) closed at $119.22 on Oct 22, 2026, 30.1% below its 52-week high of $170.47. Its 52-week low is $98.95.

How has Formula Systems (1985) performed over the past year?

As of Oct 22, 2026, Formula Systems (1985) is down 6.0% over the past year and down 20.4% so far in 2026.

Which sector and industry is Formula Systems (1985) in?

Formula Systems (1985) is in the Information Technology Services industry, part of the Information Technology sector.

About this companyInformation Technology· Information Technology Services

Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology company in Israel and internationally. The company offers software consulting services; IT solutions and software systems; proprietary software solutions; and IT professional services, including implementation and integration projects of computing and software, outsourcing, software project management and development, IT managed services, operation of a network of training and instruction centers, sale of software and hardware products, and software testing and QA. It also provides cloud and computing infrastructure; packaged software solutions, such as Clicks for medical record information management systems, Hermes Cargo for managing air cargo ground handling, HR Pulse for the creation of HCM solutions, MBS solution for managing TV broadcast channels, Nativ for managing rehabilitation centers, and Mobisale for consumer goods sale and distribution; and product-related services comprising maintenance, customer support, and training. In addition, the company offers software solutions and services for payroll processing, pension administration, workforce management, and human resources, as well as financial processes, accounting workflows, and business operations; employees to vendor management systems workforce management program accounts; and digital advertising and e-commerce platforms, as well as digital services, which include search engine marketing and optimization, website design, management of social media, online business cards, and big data. Further, it is involved in aerial and satellite mapping, geographic data collection and processing, and geographic applications; installation of computer communication infrastructures, announcement and alarm systems, and electronic security systems; and planning and deployment of fiber optics, structured cabling, and coaxial and telephony systems. The company was incorporated in 1985 and is headquartered in Or Yehuda, Israel.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.