{"ticker": {"uuid": "937b08d7-3692-4080-92ea-61536d69170a", "symbol": "FORTY", "name": "Formula Systems 1985 Ltd ADR", "exchange": "NASDAQ", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "FORTY closed the latest completed week at 117.5 USD. The 4-week return is -9.1% and the 12-week return is -1.5%. Trend Signal is inactive, Market Dynamics is 0.65.", "description": "Formula Systems (1985) Ltd., provides software, proprietary and non-proprietary software, and software product marketing and support services in Israel and internationally. The company is headquartered in Or Yehuda, Israel.", "setup_signature": "Risk-first tape", "composite_score": "38", "kpis": [{"label": "Latest Close", "value": "117.5 USD", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-6.7%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "-9.1%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-1.5%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "65.4%", "hint": "34 of 52 weeks active"}, {"label": "Volume Ratio", "value": "1.5x", "hint": "vs 13-week average"}], "classification": {"exchange": "NASDAQ", "country": "US", "sector": "Technology", "industry": "Information Technology Services", "currency": "USD", "market_cap": "2.0B"}, "price": {"trend_line": "132.5 USD", "fair_value": "89.46 USD", "vs_trend": "-11.4%", "vs_fair_value": "31.3%", "high_52": "173.7 USD", "low_52": "97.79 USD", "drawdown": "-32.4%", "range_position": "26.0%"}, "momentum": {"returns": [{"label": "1W", "value": -6.746031746031746, "value_label": "-6.7%", "tone": "negative", "width": 19.27437641723356}, {"label": "4W", "value": -9.132318038433546, "value_label": "-9.1%", "tone": "negative", "width": 26.092337252667274}, {"label": "12W", "value": -1.514745128542112, "value_label": "-1.5%", "tone": "negative", "width": 4.327843224406035}, {"label": "26W", "value": -26.208346181454623, "value_label": "-26.2%", "tone": "negative", "width": 74.88098908987035}, {"label": "52W", "value": 27.226600862542217, "value_label": "27.2%", "tone": "positive", "width": 77.79028817869205}], "trend_streak": 0, "active_weeks": 34, "active_breadth": "65.4%", "peer": {"scope": "US Technology", "count": 744, "rank": 597, "percentile": 19.784656796769852, "avg_weekly_return": 1.023458146855676}}, "setup": {"scores": [{"label": "Trend", "value": 35.96153846153847, "value_label": "36", "width": 35.96153846153847, "tone": "neutral", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 27.632397895914945, "value_label": "28", "width": 27.632397895914945, "tone": "negative", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 97.2176879342449, "value_label": "97", "width": 97.2176879342449, "tone": "positive", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 62.67639791937581, "value_label": "63", "width": 62.67639791937581, "tone": "neutral", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 3.492997266985153, "value_label": "3", "width": 4, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": -4.034791844324809, "return_label": "-4.0%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 33.623265369373414}, {"week": "6 Mar", "return": 10.679406282048145, "return_label": "10.7%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 88.99505235040121}, {"week": "13 Mar", "return": -1.7160618543331185, "return_label": "-1.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 14.300515452775988}, {"week": "20 Mar", "return": 3.5714812779584832, "return_label": "3.6%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 29.76234398298736}, {"week": "27 Mar", "return": -4.252970482921401, "return_label": "-4.3%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 35.44142069101168}, {"week": "2 Apr", "return": -0.09997102416024495, "return_label": "-0.1%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "10 Apr", "return": -2.8159226911580784, "return_label": "-2.8%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 23.46602242631732}, {"week": "17 Apr", "return": 11.862181643094024, "return_label": "11.9%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 98.8515136924502}, {"week": "24 Apr", "return": 3.9056530164144774, "return_label": "3.9%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 32.54710847012065}, {"week": "1 May", "return": -6.042514502748498, "return_label": "-6.0%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 50.35428752290415}, {"week": "8 May", "return": 11.262048227587444, "return_label": "11.3%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 93.85040189656203}, {"week": "15 May", "return": -4.04340531190426, "return_label": "-4.0%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 33.69504426586883}, {"week": "22 May", "return": 7.533201504304822, "return_label": "7.5%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 62.77667920254019}, {"week": "29 May", "return": -4.681769147788579, "return_label": "-4.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 39.01474289823816}, {"week": "5 Jun", "return": -4.934359438660022, "return_label": "-4.9%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 41.11966198883351}, {"week": "12 Jun", "return": -6.746031746031746, "return_label": "-6.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 56.21693121693122}]}, "groups": {"sector": {"scope": "US Technology", "count": 100, "avg_weekly_return": 1.9995438467821178, "avg_four_week_return": 8.61398175139727, "avg_twelve_week_return": 44.67422040828846, "trend_breadth": 67.0, "positive_md_breadth": 85.0, "positive_rs_breadth": 55.00000000000001, "week_rank": null, "four_week_rank": null, "twelve_week_rank": null, "top_peers": [{"id": 4846, "symbol": "ARM", "name": "Arm Holdings plc American Depositary Shares", "exchange": "NASDAQ", "url": "/terminal/79517370-9b8c-4d46-a526-9337d7c70d50/report/", "weekly_return": 11.045986061295308, "weekly_return_label": "11.0%", "weekly_return_tone": "positive", "four_week_return": 82.06636068081852, "four_week_return_label": "82.1%", "four_week_return_tone": "positive", "twelve_week_return": 187.72950510011336, "twelve_week_return_label": "187.7%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 981, "symbol": "DELL", "name": "Dell Technologies Inc", "exchange": "NYSE", "url": "/terminal/e7955cdd-c85a-420d-abd7-7e1c58332944/report/", "weekly_return": 0.299196227084867, "weekly_return_label": "0.3%", "weekly_return_tone": "positive", "four_week_return": 63.46543245588659, "four_week_return_label": "63.5%", "four_week_return_tone": "positive", "twelve_week_return": 151.62909755247335, "twelve_week_return_label": "151.6%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 7207, "symbol": "MRVL", "name": "Marvell Technology Group Ltd", "exchange": "NASDAQ", "url": "/terminal/d1152a29-9ec1-463b-b18a-53e4599c9367/report/", "weekly_return": 6.160094128363745, "weekly_return_label": "6.2%", "weekly_return_tone": "positive", "four_week_return": 58.12086607496184, "four_week_return_label": "58.1%", "four_week_return_tone": "positive", "twelve_week_return": 218.31476402371712, "twelve_week_return_label": "218.3%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 4707, "symbol": "ALAB", "name": "Astera Labs, Inc.", "exchange": "NASDAQ", "url": "/terminal/59caf5c2-b7ed-4977-95d7-24878de73467/report/", "weekly_return": 15.79827162051346, "weekly_return_label": "15.8%", "weekly_return_tone": "positive", "four_week_return": 57.791817087845956, "four_week_return_label": "57.8%", "four_week_return_tone": "positive", "twelve_week_return": 216.39951740779034, "twelve_week_return_label": "216.4%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 3686, "symbol": "SNOW", "name": "Snowflake Inc.", "exchange": "NYSE", "url": "/terminal/6fb7281a-1330-4e40-88ba-0224dde78032/report/", "weekly_return": -2.3000083941912153, "weekly_return_label": "-2.3%", "weekly_return_tone": "negative", "four_week_return": 47.82498253635613, "four_week_return_label": "47.8%", "four_week_return_tone": "positive", "twelve_week_return": 38.543030591596235, "twelve_week_return_label": "38.5%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": true}]}, "industry": {"scope": "US Information Technology Services", "count": 72, "avg_weekly_return": -0.6022237744728884, "avg_four_week_return": -2.788972943084517, "avg_twelve_week_return": 132.663584556345, "trend_breadth": 23.61111111111111, "positive_md_breadth": 59.72222222222222, "positive_rs_breadth": 16.666666666666664, "week_rank": 60, "four_week_rank": 55, "twelve_week_rank": 34, "top_peers": [{"id": 8507, "symbol": "TDTH", "name": "Trident Digital Tech Holdings Ltd American Depository Shares", "exchange": "NASDAQ", "url": "/terminal/3cc977c8-2521-4aa5-b579-3502dcd336ac/report/", "weekly_return": 6.329113924050629, "weekly_return_label": "6.3%", "weekly_return_tone": "positive", "four_week_return": 68.0, "four_week_return_label": "68.0%", "four_week_return_tone": "positive", "twelve_week_return": -59.80861244019139, "twelve_week_return_label": "-59.8%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 7646, "symbol": "PENG", "name": "Penguin Solutions, Inc.", "exchange": "NASDAQ", "url": "/terminal/15c5aaad-275b-46d0-b1d7-8d8cae63da86/report/", "weekly_return": 7.1333110591379825, "weekly_return_label": "7.1%", "weekly_return_tone": "positive", "four_week_return": 36.97137975224262, "four_week_return_label": "37.0%", "four_week_return_tone": "positive", "twelve_week_return": 266.03881278538813, "twelve_week_return_label": "266.0%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 5279, "symbol": "CDW", "name": "CDW Corp", "exchange": "NASDAQ", "url": "/terminal/bf700c3e-b252-440c-b986-a3824b3a7a89/report/", "weekly_return": -0.6389055923030625, "weekly_return_label": "-0.6%", "weekly_return_tone": "negative", "four_week_return": 30.24543564580809, "four_week_return_label": "30.2%", "four_week_return_tone": "positive", "twelve_week_return": 10.535905564089328, "twelve_week_return_label": "10.5%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 7927, "symbol": "QXL", "name": "Quantum X Labs Inc.", "exchange": "NASDAQ", "url": "/terminal/946bb6d7-8dd7-4e8b-afb9-36c362b2b3f6/report/", "weekly_return": 2.9999999999999956, "weekly_return_label": "3.0%", "weekly_return_tone": "positive", "four_week_return": 29.46927374301675, "four_week_return_label": "29.5%", "four_week_return_tone": "positive", "twelve_week_return": 143.94736842105263, "twelve_week_return_label": "143.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 4119, "symbol": "UIS", "name": "Unisys Corporation", "exchange": "NYSE", "url": "/terminal/19c0b793-e429-495d-bb52-5366b145680d/report/", "weekly_return": -5.40540540540541, "weekly_return_label": "-5.4%", "weekly_return_tone": "negative", "four_week_return": 28.76254180602006, "four_week_return_label": "28.8%", "four_week_return_tone": "positive", "twelve_week_return": 71.87499999999999, "twelve_week_return_label": "71.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}]}}, "dynamics": {"market_dynamics": "0.65", "market_dynamics_tone": "positive", "md_4_change": "444.8%", "relative_strength": "-22.17", "rs_4_change": "-70.7%", "expectation": "Undecided", "expectation_probability": "54.94%"}, "volume": {"latest": "3.5K", "average_13": "2.4K", "average_52": "2.1K", "ratio_13": "1.5x", "ratio_52": "1.7x"}, "risk": {"volatility_13": "6.3%", "volatility_52": "7.3%", "downside_weeks": 26, "upside_weeks": 24, "downside_breadth": "50.0%", "average_gain": "6.8%", "average_loss": "-4.9%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-11.4%", "tone": "negative"}, {"label": "Volume", "value": "1.5x", "tone": "neutral"}], "opportunities": ["Price is above Fair Value, showing premium demand versus the model.", "Market Dynamics is positive on the latest completed week."], "risks": ["Trend Signal is inactive, so price action has not confirmed a constructive regime.", "Price is below the Trend Line, which keeps downside pressure in focus.", "The share remains more than 20% below its 52-week high.", "The latest week was a sharp negative move."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "117.5 USD", "weekly_return": -6.746031746031746, "weekly_return_label": "-6.7%", "weekly_return_tone": "negative", "trend_line": "132.5 USD", "fair_value": "89.46 USD", "market_dynamics": "0.65", "relative_strength": "-22.17", "volume": "3.5K", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "126.0 USD", "weekly_return": -4.934359438660022, "weekly_return_label": "-4.9%", "weekly_return_tone": "negative", "trend_line": "133.4 USD", "fair_value": "89.14 USD", "market_dynamics": "0.69", "relative_strength": "-14.72", "volume": "1.6K", "trend_signal": "Off"}, {"week": "2026-05-29", "close": "132.5 USD", "weekly_return": -4.681769147788579, "weekly_return_label": "-4.7%", "weekly_return_tone": "negative", "trend_line": "133.7 USD", "fair_value": "88.74 USD", "market_dynamics": "0.76", "relative_strength": "-14.41", "volume": "2.9K", "trend_signal": "Off"}, {"week": "2026-05-22", "close": "139.1 USD", "weekly_return": 7.533201504304822, "weekly_return_label": "7.5%", "weekly_return_tone": "positive", "trend_line": "133.6 USD", "fair_value": "88.27 USD", "market_dynamics": "0.46", "relative_strength": "-7.72", "volume": "2.8K", "trend_signal": "Off"}, {"week": "2026-05-15", "close": "129.3 USD", "weekly_return": -4.04340531190426, "weekly_return_label": "-4.0%", "weekly_return_tone": "negative", "trend_line": "133.2 USD", "fair_value": "87.77 USD", "market_dynamics": "0.12", "relative_strength": "-12.99", "volume": "2.3K", "trend_signal": "Off"}, {"week": "2026-05-08", "close": "134.8 USD", "weekly_return": 11.262048227587444, "weekly_return_label": "11.3%", "weekly_return_tone": "positive", "trend_line": "133.3 USD", "fair_value": "87.34 USD", "market_dynamics": "-0.06", "relative_strength": "-9.57", "volume": "2.4K", "trend_signal": "Off"}, {"week": "2026-05-01", "close": "121.1 USD", "weekly_return": -6.042514502748498, "weekly_return_label": "-6.0%", "weekly_return_tone": "negative", "trend_line": "133.2 USD", "fair_value": "86.88 USD", "market_dynamics": "-0.51", "relative_strength": "-14.19", "volume": "1.4K", "trend_signal": "Off"}, {"week": "2026-04-24", "close": "128.9 USD", "weekly_return": 3.9056530164144774, "weekly_return_label": "3.9%", "weekly_return_tone": "positive", "trend_line": "133.3 USD", "fair_value": "86.49 USD", "market_dynamics": "-0.58", "relative_strength": "-7.11", "volume": "1.4K", "trend_signal": "Off"}, {"week": "2026-04-17", "close": "124.1 USD", "weekly_return": 11.862181643094024, "weekly_return_label": "11.9%", "weekly_return_tone": "positive", "trend_line": "133.1 USD", "fair_value": "86.01 USD", "market_dynamics": "-0.68", "relative_strength": "-8.36", "volume": "3.9K", "trend_signal": "Off"}, {"week": "2026-04-10", "close": "110.9 USD", "weekly_return": -2.8159226911580784, "weekly_return_label": "-2.8%", "weekly_return_tone": "negative", "trend_line": "133.1 USD", "fair_value": "85.56 USD", "market_dynamics": "-0.83", "relative_strength": "-12.89", "volume": "946", "trend_signal": "Off"}, {"week": "2026-04-02", "close": "114.1 USD", "weekly_return": -0.09997102416024495, "weekly_return_label": "-0.1%", "weekly_return_tone": "negative", "trend_line": "133.9 USD", "fair_value": "85.19 USD", "market_dynamics": "-0.84", "relative_strength": "-6.29", "volume": "3.1K", "trend_signal": "Off"}, {"week": "2026-03-27", "close": "114.2 USD", "weekly_return": -4.252970482921401, "weekly_return_label": "-4.3%", "weekly_return_tone": "negative", "trend_line": "134.3 USD", "fair_value": "84.81 USD", "market_dynamics": "-0.89", "relative_strength": "-2.32", "volume": "2.2K", "trend_signal": "Off"}, {"week": "2026-03-20", "close": "119.3 USD", "weekly_return": 3.5714812779584832, "weekly_return_label": "3.6%", "weekly_return_tone": "positive", "trend_line": "134.4 USD", "fair_value": "84.45 USD", "market_dynamics": "-1.02", "relative_strength": "-0.98", "volume": "2.3K", "trend_signal": "Off"}, {"week": "2026-03-13", "close": "115.2 USD", "weekly_return": -1.7160618543331185, "weekly_return_label": "-1.7%", "weekly_return_tone": "negative", "trend_line": "134.3 USD", "fair_value": "84.06 USD", "market_dynamics": "-1.26", "relative_strength": "-6.02", "volume": "821", "trend_signal": "Off"}], "chart_url": "/terminal/937b08d7-3692-4080-92ea-61536d69170a/", "api_path": "/terminal/937b08d7-3692-4080-92ea-61536d69170a/report/api/"}