FIRST TRUST INDIA NIFTY 50 E (NFTY) Stock Technical Analysis
NASDAQ:NFTY - Nasdaq - US33737J8027 - ETF - Currency: USD
Overall NFTY gets a technical rating of 0 out of 10. NFTY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, NFTY is a bad performer in the overall market: 75% of all stocks are doing better.
NFTY is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month NFTY has a been trading in a tight range between 53.52 and 55.68.
Considerably lower volume is observed in the last couple of days.
The technical rating of NFTY is bad and it also does not present a quality setup 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.
More info and screens
52.99
59.91
We found 1 important support area.
- A support zone ranging from 53.53 to 53.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 54.11 to 55.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @59.32 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.11
Mansfield-1.57
10 Day High54.88
10 Day Low53.52
20 Day High55.68
20 Day Low53.52
52 Week High65.9
52 Week Low53.52
Performance
1 Week-2.19%
2 Weeks-2.08%
1 Month-3.2%
3 Month-8.84%
6 Month-14.25%
12 Month-6.85%
2 Year28.5%
3 Year14.62%
5 Year73.07%
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)-0.01
RSI(14)38.49
LBB53.47
UBB55.53
NASDAQ:NFTY (2/21/2025, 8:00:01 PM)
53.54
-0.94 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.73%
1 Week-2.19%
2 Weeks-2.08%
1 Month-3.2%
3 Month-8.84%
6 Month-14.25%
12 Month-6.85%
2 Year28.5%
3 Year14.62%
5 Year73.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%1.12%
ATR Inc28.42%
Range Today0.53
ADR(20)0.48
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.11
Mansfield-1.57
10 Day High54.88
10 Day Low53.52
20 Day High55.68
20 Day Low53.52
52 Week High65.9
52 Week Low53.52
CS1 End53.53
CR1 Start54.11
Volume & EV
DER(3)-0.74%
DER(5)-0.53%
Volume13.60K
Volume Incr-54.53%
Vol(5)20.78K
Vol(50)33.85K