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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.
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MarketClub’s Trade Triangles for NFTY
The long-term trend has been DOWN since Feb 24th, 2020 at 33.9031
The intermediate-term trend has been UP since Apr 17th, 2020 at 24.9100
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).
| 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 High | 39.6799 | Year High Date | 2018-04-16 |
| Year Low | 31.35 | Year Low Date | 2018-10-23 |
| 52wk High | 38.68 | 52wk High Date | 2019-04-18 |
| 52wk Low | 20.4416 | 52wk Low Date | 2020-03-24 |
| Average Volume | 2,310 | Shares Outstanding | 100 |
| Market Cap | 3M | Volatility | 34.24 |