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Stock Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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

Sidelines Mode (+55) - NFTY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
49.8600 49.8600 49.1500 49.5966 -0.3134
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 Jul 23rd, 2021 at 45.6000

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 50.5600

Smart Scan Analysis for NFTY

Based on our trend formula, NFTY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NFTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.8600 49.8600 49.1500 49.5966 -0.3134
Prev. Close Volume Bid Ask Time
49.9100 2245 2021-10-22 10:08:59
Year High39.6799Year High Date2018-04-16
Year Low31.35Year Low Date2018-10-23
52wk High51.452wk High Date2021-10-15
52wk Low31.5952wk Low Date2020-11-02
Average Volume11,062Shares Outstanding1,550
Market Cap3MVolatility34.24
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