- Volume is elevated versus the 13-week average, confirming attention.
- Next-week expectancy is positive at 62.10% based on similar historical setup states.
FORTY
TLV
Week ended 07 Aug 2026
Weekly Investor Report
Formula Systems (1985) Ltd. · Technology · Information Technology Services
Latest close
324.1 ILA
0.4%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -98.8% below the Trend Line and sits at 0.0% of its 52-week range. The latest completed week returned 0.4%, after a -4.2% four-week move. The latest news-sentiment score is 51/100.
Setup score
34
out of 100
Latest Close
324.1 ILA
7 Aug 2026
1W Return
0.4%
latest completed week
4W Return
-4.2%
short-term follow-through
12W Return
-99.2%
quarterly tape
Trend Breadth
50.0%
26 of 52 weeks active
Volume Ratio
2.4x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is negative, which weakens the current setup.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
0.4%
Latest completed week; four-week move -4.2%.
Indicator stack
28/35
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Positive 62.10%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
51/100
12 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -98.8% below the Trend Line and sits at 0.0% of its 52-week range. The latest completed week returned 0.4%, after a -4.2% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 2.4x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.1712-week average 0.19
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure2/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.17Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -4.2% over four weeks, -99.2% over 12 weeks, and -99.1% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year26
Trend breadth50.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.94Latest activity-pressure read.
Pressure change26.9%Four-week change in activity pressure.
Leadership-99.22Latest relative-leadership reading.
RS change0.0%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
A published fundamentals and factor snapshot is not available for this company.
No published fundamental snapshot is available for this company.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment51/100
Weighted news tone is neutral across 12 relevant articles.
2 positive · 10 neutral · 0 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-99.4%Distance below the 52-week high.
13-week volatility26.6%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher13 of 2613 weeks finished lower.
Best week+14.9%Week of 17 Apr.
Worst week-99.0%Week of 5 Jun.
Latest week+0.4%Week of 7 Aug.
Shape of recent returns
Strong gains6
Modest gains7
Flat weeks0
Modest losses2
Sharp losses11
Recent vol26.6%13-week weekly-return volatility.
Base vol15.0%52-week weekly-return volatility.
Up/down split26/26Count of positive and negative weeks in the 52-week window.
Average skew4.9% / -8.9%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorIL Technology
4-week rank48 / 80
Group average-2.2%
Trend breadth1.3%
Trend1.2%active weekly trend signals
MD6.2%positive activity pressure
RS0.0%positive relative leadership
Four-week leaders
IndustryIL Information Technology Services
4-week rank5 / 9
Group average-2.1%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD0.0%positive activity pressure
RS0.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape37/100
Trend, activity pressure, participation, and risk combine to a 37/100 tape read.
Indicator analysis15/100Latest 12-week confirmation: trend 0/12, activity pressure 2/12, relative leadership 0/12.
Activity pressure 0.17; No reversal markers Next-Week ExpectancyPositive 62.10%Next-week expectancy is positive with a 62.10% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment51/100Weighted news tone is neutral across 12 relevant articles.
Formula Systems 1985 Ltd (FORTY) Earnings Forecast: Future EPS & Revenue Growth Estimates Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 324.1 ILA | 0.4% | 27,648 ILA | 32,285 ILA | -0.94 | -99.22 | 184.4K | Off |
| 31 Jul 2026 | 322.9 ILA | -2.9% | 29,410 ILA | 32,470 ILA | -1.10 | -99.24 | 68.5K | Off |
| 24 Jul 2026 | 332.4 ILA | 2.9% | 31,198 ILA | 32,646 ILA | -1.17 | -99.25 | 111.5K | Off |
| 17 Jul 2026 | 323.1 ILA | -4.5% | 32,980 ILA | 32,813 ILA | -1.25 | -99.27 | 70.0K | Off |
| 10 Jul 2026 | 338.3 ILA | 0.1% | 34,846 ILA | 32,988 ILA | -1.28 | -99.24 | 76.8K | Off |
| 3 Jul 2026 | 337.8 ILA | 13.0% | 36,731 ILA | 33,155 ILA | -1.32 | -99.28 | 10.0K | Off |
| 26 Jun 2026 | 298.9 ILA | -7.9% | 38,524 ILA | 33,323 ILA | -1.30 | -99.36 | 0 | Off |
| 19 Jun 2026 | 324.5 ILA | -7.2% | 40,162 ILA | 33,496 ILA | -0.91 | -99.34 | 63.6K | Off |
| 12 Jun 2026 | 349.8 ILA | -8.1% | 41,798 ILA | 33,670 ILA | -0.53 | -99.34 | 12.6K | Off |
| 5 Jun 2026 | 380.7 ILA | -99.0% | 43,497 ILA | 33,841 ILA | -0.14 | -99.28 | 9.6K | Off |
| 29 May 2026 | 37,120 ILA | -11.5% | 45,067 ILA | 34,005 ILA | 0.30 | -34.12 | 179.1K | Off |
| 22 May 2026 | 41,947 ILA | 6.5% | 45,395 ILA | 33,926 ILA | 0.30 | -25.13 | 53.6K | Off |
| 15 May 2026 | 39,388 ILA | -8.8% | 45,576 ILA | 33,820 ILA | 0.13 | -30.00 | 164.1K | Off |
| 8 May 2026 | 43,187 ILA | 3.1% | 45,857 ILA | 33,734 ILA | -0.06 | -26.02 | 211.9K | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.