Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NFTY
The long-term trend has been DOWN since Nov 12th, 2024 at 59.50
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 62.74
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).
| 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 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 | 53.9 | 52wk Low Date | 2025-01-13 |
| Average Volume | 32,051 | Shares Outstanding | 2,350 |
| Market Cap | 3M | Volatility | 34.24 |