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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
First Trust India Nifty 50 Equal Weight ETF (NASDAQ:NFTY)
Strong Downtrend (-100) - NFTY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NFTY continues to fall. Traders should use caution and set stops.
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 Nov 12th, 2024 at 59.5000
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 62.7400
The short-term trend has been DOWN since Nov 8th, 2024 at 59.9047
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 |
|---|---|---|---|---|
| 58.02 | 58.16 | 58.02 | 58.10 | +0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 58.16 | 45196 | 2024-11-19 15:45:06 |
| Year High | 39.6799 | Year High Date | 2018-04-16 |
| Year Low | 31.35 | Year Low Date | 2018-10-23 |
| 52wk High | 65.8999 | 52wk High Date | 2024-09-27 |
| 52wk Low | 49.265 | 52wk Low Date | 2023-11-20 |
| Average Volume | 39,775 | Shares Outstanding | 2,350 |
| Market Cap | 3M | Volatility | 34.24 |