Technical Analysis for NFTY - First Trust India Nifty 50 Equal Weight ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| D | 58.19 | 0.05% | 0.03 |
NFTY closed up 0.05 percent on Wednesday, November 20, 2024, on 3.44 times normal volume. 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. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | 0.00% | |
| Volume Surge | Other | 0.00% | |
| Doji - Bearish? | Reversal | 0.00% | |
| Outside Day | Range Expansion | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| NR7 | Range Contraction | 0.05% | |
| Narrow Range Bar | Range Contraction | 0.05% | |
| Inside Day | Range Contraction | 0.05% | |
| Oversold Stochastic | Weakness | 0.05% |
| Alert | Time |
|---|---|
| Rose Above Previous Day's High | about 17 hours ago |
| 2x Volume Pace | about 17 hours ago |
| 1.5x Volume Pace | about 17 hours ago |
| 3x Volume Pace | about 17 hours ago |
| Outside Day | about 17 hours ago |
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Basic chart:
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NIFTY 50 Equal Weight Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to track the performance of the 50 largest and most liquid Indian securities listed on the National Stock Exchange of India ("NSE") by investing in all of the components of the NIFTY 50.
Keywords: Exchange Traded Fund ETF Stock Market Index Nifty 50 Index Nifty 50 Nifty
Classification
Keywords: Exchange Traded Fund ETF Stock Market Index Nifty 50 Index Nifty 50 Nifty
Top 10 Components
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 65.8999 |
| 52 Week Low | 49.4193 |
| Average Volume | 33,897 |
| 200-Day Moving Average | 59.58 |
| 50-Day Moving Average | 61.85 |
| 20-Day Moving Average | 59.48 |
| 10-Day Moving Average | 58.64 |
| Average True Range | 0.64 |
| RSI (14) | 33.33 |
| ADX | 28.97 |
| +DI | 21.21 |
| -DI | 37.17 |
| Chandelier Exit (Long, 3 ATRs) | 59.31 |
| Chandelier Exit (Short, 3 ATRs) | 59.76 |
| Upper Bollinger Bands | 61.54 |
| Lower Bollinger Band | 57.42 |
| Percent B (%b) | 0.19 |
| BandWidth | 6.92 |
| MACD Line | -1.05 |
| MACD Signal Line | -0.98 |
| MACD Histogram | -0.0706 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 59.06 | ||||
| Resistance 3 (R3) | 59.10 | 58.84 | 58.92 | ||
| Resistance 2 (R2) | 58.84 | 58.62 | 58.83 | 58.87 | |
| Resistance 1 (R1) | 58.52 | 58.48 | 58.68 | 58.48 | 58.82 |
| Pivot Point | 58.26 | 58.26 | 58.35 | 58.25 | 58.26 |
| Support 1 (S1) | 57.94 | 58.04 | 58.10 | 57.90 | 57.56 |
| Support 2 (S2) | 57.68 | 57.90 | 57.67 | 57.51 | |
| Support 3 (S3) | 57.36 | 57.68 | 57.47 | ||
| Support 4 (S4) | 57.32 |
