Technical Analysis for INDY - iShares S&P India Nifty 50 Index Fund

Grade Last Price % Change Price Change
A 53.98 0.60% 0.32
INDY closed up 0.6 percent on Monday, July 1, 2024, on 58 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
New 52 Week Closing High Bullish 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Sell Signal Bearish 0.60%
Slingshot Bullish Bullish Swing Setup 0.60%
Narrow Range Bar Range Contraction 0.60%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 9 hours ago
1.5x Volume Pace about 10 hours ago
Gapped Up (Full) about 10 hours ago
Slingshot Bullish Entry about 10 hours ago
Rose Above Previous Day's High about 10 hours ago

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Profile

The investment seeks to track the investment results of an index composed of 50 of the largest Indian equities. The Subsidiary and the fund will collectively invest at least 80% of the fund's total assets in securities that comprise the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the CNX Nifty IndexTM (the "underlying index"), which measures the equity performance of the top 50 companies by free float market capitalization whose equity securities trade in the Indian securities markets. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Securities Market Nifty 50 Index Nifty 50 Nifty

Top 10 Components

Symbol Grade Price % Change Allocation
HDB B -0.36 12.01
IBN A 0.00 7.97
WIT B 1.48 0.68

Is INDY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 54.18
52 Week Low 43.4623
Average Volume 91,263
200-Day Moving Average 48.79
50-Day Moving Average 51.37
20-Day Moving Average 52.55
10-Day Moving Average 53.18
Average True Range 0.49
RSI (14) 66.89
ADX 19.39
+DI 49.20
-DI 25.56
Chandelier Exit (Long, 3 ATRs) 52.71
Chandelier Exit (Short, 3 ATRs) 50.70
Upper Bollinger Bands 54.39
Lower Bollinger Band 50.70
Percent B (%b) 0.89
BandWidth 7.03
MACD Line 0.69
MACD Signal Line 0.59
MACD Histogram 0.0971
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 54.40
Resistance 3 (R3) 54.42 54.30 54.33
Resistance 2 (R2) 54.30 54.19 54.29 54.31
Resistance 1 (R1) 54.14 54.13 54.08 54.12 54.28
Pivot Point 54.02 54.02 53.99 54.01 54.02
Support 1 (S1) 53.86 53.91 53.80 53.84 53.68
Support 2 (S2) 53.74 53.85 53.73 53.65
Support 3 (S3) 53.58 53.74 53.63
Support 4 (S4) 53.56