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Stock Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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

Sidelines Mode (+50) - NFTY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NFTY can gain 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
26.0400 26.3009 26.0400 26.3009 +1.0721
Entry Signal

MarketClub’s Trade Triangles for NFTY

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 33.9031

intermediate term up The intermediate-term trend has been UP since Apr 17th, 2020 at 24.9100

short term up The short-term trend has been UP since May 12th, 2020 at 25.4199

Smart Scan Analysis for NFTY

Based on our trend formula, NFTY is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for NFTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.0400 26.3009 26.0400 26.3009 +1.0721
Prev. Close Volume Bid Ask Time
22.3744 514 2020-05-28 10:52:49
Year High39.6799Year High Date2018-04-16
Year Low31.35Year Low Date2018-10-23
52wk High38.6852wk High Date2019-04-18
52wk Low20.441652wk Low Date2020-03-24
Average Volume2,310Shares Outstanding100
Market Cap3MVolatility34.24
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