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Index Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
iShares S&P India Nifty 50 Index Fund (NASDAQ:INDY)
Long-Term Downtrend (-90) - INDY is in a strong downtrend that is likely to continue. While INDY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid INDY?
MarketClub looks at technical strength and momentum to determine if the timing is right for INDY.
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 INDY
The long-term trend has been DOWN since Dec 6th, 2021 at 49.095
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 41.915
The short-term trend has been DOWN since Jun 28th, 2022 at 40.816
Smart Scan Analysis for INDY
Based on our trend formula, INDY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.978 | 41.326 | 40.781 | 41.194 | +0.030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.950 | 0 | 2022-06-30 14:56:28 |
| Year High | 39.29 | Year High Date | 2018-01-24 |
| Year Low | 31.04 | Year Low Date | 2018-10-26 |
| 52wk High | 53.83 | 52wk High Date | 2021-10-18 |
| 52wk Low | 40.174 | 52wk Low Date | 2022-06-17 |
| Year End Close | 24.91 | Average Volume | 62,942 |
| Shares Outstanding | 13,700 | Market Cap | 741M |
| Assets | 4,280M | Beta | 0.99 |
| Volatility | 18.47 |