Logo image of NFTY

FIRST TRUST INDIA NIFTY 50 E (NFTY) Stock Technical Analysis

NASDAQ:NFTY - Nasdaq - US33737J8027 - ETF - Currency: USD

57.42  -0.02 (-0.03%)

Technical Rating and Analysis

6

Overall NFTY gets a technical rating of 6 out of 10. In the past year, NFTY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NFTY has a been trading in the 52.49 - 58.51 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, NFTY did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
NFTY is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Weekly and Daily overview Charts
FIRST TRUST INDIA NIFTY 50 E / NFTY Weekly stock chart
FIRST TRUST INDIA NIFTY 50 E / NFTY Daily stock chart
Setup Rating and Analysis

5

NFTY has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

51.15

57.99

2 important support areas can be observed.

  • A support zone ranging from 54.53 to 55.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 51.67 to 52.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.74
Mansfield0.04
10 Day High58.51
10 Day Low54.06
20 Day High58.51
20 Day Low52.49
52 Week High65.9
52 Week Low51.57
Performance
1 Week1.57%
2 Weeks5.59%
1 Month2.37%
3 Month4.59%
6 Month-4.12%
12 Month0.42%
2 Year28.63%
3 Year25.06%
5 Year122.21%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.28
RSI(14)61.65
LBB52.6
UBB59.04
FIRST TRUST INDIA NIFTY 50 E / NFTY Daily stock chart

FIRST TRUST INDIA NIFTY 50 E

NASDAQ:NFTY (4/28/2025, 10:46:08 AM)

57.42

-0.02 (-0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.03%
1 Week1.57%
2 Weeks5.59%
1 Month2.37%
3 Month4.59%
6 Month-4.12%
12 Month0.42%
2 Year28.63%
3 Year25.06%
5 Year122.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%2.04%
ATR Inc-19.13%
Range Today0.32
ADR(20)0.91
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.74
Mansfield0.04
10 Day High58.51
10 Day Low54.06
20 Day High58.51
20 Day Low52.49
52 Week High65.9
52 Week Low51.57
CS1 End55.63
CR1 StartN/A
Volume & EV
DER(3)1.33%
DER(5)0.01%
Volume3.79K
Volume Incr-28.19%
Vol(5)24.82K
Vol(50)30.42K