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Stock Trend Analysis Report

Prepared for you on Friday, January 24, 2025.

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

Bear Market Rally (-75) - NFTY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NFTY as it may be in the beginning of a reversal.

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
55.06 55.10 54.65 54.88 -0.43
Entry Signal

MarketClub’s Trade Triangles for NFTY

long term down The long-term trend has been DOWN since Nov 12th, 2024 at 59.50

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 62.74

short term up The short-term trend has been UP since Jan 23rd, 2025 at 55.03

Smart Scan Analysis for NFTY

Based on our trend formula, NFTY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NFTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.06 55.10 54.65 54.88 -0.43
Prev. Close Volume Bid Ask Time
55.31 26466 2025-01-24 15:34:05
Year High39.6799Year High Date2018-04-16
Year Low31.35Year Low Date2018-10-23
52wk High65.899952wk High Date2024-09-27
52wk Low53.952wk Low Date2025-01-13
Average Volume32,051Shares Outstanding2,350
Market Cap3MVolatility34.24
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