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Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
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.
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MarketClub’s Trade Triangles for NFTY
The long-term trend has been UP since May 8th, 2023 at 44.920
The intermediate-term trend has been UP since Apr 3rd, 2023 at 42.079
The short-term trend has been UP since May 22nd, 2023 at 44.650
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 44.670 | 45.710 | 44.670 | 45.503 | +0.843 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.300 | 3909 | 2023-05-26 12:51:22 |
| Year High | 39.6799 | Year High Date | 2018-04-16 |
| Year Low | 31.35 | Year Low Date | 2018-10-23 |
| 52wk High | 47.64 | 52wk High Date | 2022-12-13 |
| 52wk Low | 40 | 52wk Low Date | 2022-06-17 |
| Average Volume | 8,333 | Shares Outstanding | 2,250 |
| Market Cap | 3M | Volatility | 34.24 |