Logo image of INDY

ISHARES INDIA 50 ETF (INDY) Stock Technical Analysis

NASDAQ:INDY - Nasdaq - US4642895290 - ETF - Currency: USD

53.84  +0.04 (+0.07%)

Technical Rating and Analysis

8

Overall INDY gets a technical rating of 8 out of 10. Although INDY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, INDY did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
INDY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INDY is lagging the market slightly.
In the last month INDY has a been trading in a tight range between 51.05 and 54.03.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ISHARES INDIA 50 ETF / INDY Weekly stock chart
ISHARES INDIA 50 ETF / INDY Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, INDY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 53.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INDY in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

46.67

54.38

3 important support areas can be observed.

  • A support zone ranging from 51.09 to 53.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @49.88 from a trend line in the daily time frame.
  • A support zone ranging from 47.14 to 48.24. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.37
Mansfield-0.17
10 Day High54.03
10 Day Low51.05
20 Day High54.03
20 Day Low51.05
52 Week High57.3
52 Week Low46.93
Performance
1 Week0.26%
2 Weeks0.47%
1 Month2.85%
3 Month10.92%
6 Month2.32%
12 Month3.94%
2 Year25.27%
3 Year25.06%
5 Year86.56%
10 Year77.16%
15 Year118.95%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)60.89
LBB51.68
UBB54.57
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
54.0451.043.00 (5.55%)18.01%
An entry @54.04. This is a Buy Stop order right above the 10 day high.An exit @51.04. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 3.00 points, which is 5.55%.For a 1.00% total portfolio risk, you can invest 18.01% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ISHARES INDIA 50 ETF / INDY Daily stock chart

ISHARES INDIA 50 ETF

NASDAQ:INDY (5/19/2025, 8:00:02 PM)

53.84

+0.04 (+0.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week0.26%
2 Weeks0.47%
1 Month2.85%
3 Month10.92%
6 Month2.32%
12 Month3.94%
2 Year25.27%
3 Year25.06%
5 Year86.56%
10 Year77.16%
15 Year118.95%
Volatility
ATR(14)0.74
ATR(20)%1.29%
ATR Inc-46.8%
Range Today0.34
ADR(20)0.41
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.37
Mansfield-0.17
10 Day High54.03
10 Day Low51.05
20 Day High54.03
20 Day Low51.05
52 Week High57.3
52 Week Low46.93
CS1 End53.1
CR1 StartN/A
Volume & EV
DER(3)2.18%
DER(5)3.41%
Volume60.70K
Volume Incr-36.33%
Vol(5)110.78K
Vol(50)191.33K