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Stock Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

First Trust India Nifty 50 Equal Weight ETF (NASDAQ:NFTY)

Strong Uptrend (+100) - NFTY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NFTY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid NFTY?

MarketClub looks at technical strength and momentum to determine if the timing is right for NFTY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NFTY
Open High Low NFTY Price Change
43.9900 43.9999 43.7500 43.8450 +0.2561
Entry Signal

MarketClub’s Trade Triangles for NFTY

long term up The long-term trend has been UP since Jul 2nd, 2020 at 29.0299

intermediate term up The intermediate-term trend has been UP since May 5th, 2021 at 42.5000

short term up The short-term trend has been UP since May 5th, 2021 at 42.5000

Smart Scan Analysis for NFTY

Based on our trend formula, NFTY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for NFTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.9900 43.9999 43.7500 43.8450 +0.2561
Prev. Close Volume Bid Ask Time
43.8580 3417 2021-05-07 14:31:27
Year High39.6799Year High Date2018-04-16
Year Low31.35Year Low Date2018-10-23
52wk High4452wk High Date2021-04-01
52wk Low24.574352wk Low Date2020-05-19
Average Volume82,441Shares Outstanding1,700
Market Cap3MVolatility34.24
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