GLOBAL X INDIA ACTIVE ETF (NDIA) Stock Technical Analysis
NYSEARCA:NDIA - NYSE Arca - US37960A5526 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to NDIA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NDIA is only an average performer.
In the last month NDIA has a been trading in the 29.65 - 31.93 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: NDIA has an average volume of 14556 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the performance of all stocks over the past year, NDIA turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
NDIA 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 NDIA is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
NDIA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.88, a Stop Loss order could be placed below this zone.
More info and screens
25.50
31.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 29.39 to 29.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.76 to 26.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.97 to 30.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.99 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NDIA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NDIA is neutral. |
| ChartMill Relative Strength | 48.35 | NEUTRAL | NDIA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NDIA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NDIA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NDIA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.01 | NEUTRAL | The RSI value for NDIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NDIA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.35 | OVERSOLD | The low Stochastics value suggests NDIA may be oversold. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for NDIA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for NDIA suggests a possible start of a new trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.35 | 29.64 | 0.71 (2.33%) | 25.00% |
| An entry @30.35. This is a Buy Stop order right above the resistance zone. | An exit @29.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.71 points, which is 2.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- 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.
NYSEARCA:NDIA (6/23/2025, 8:04:02 PM)
29.9374
+0.04 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week0.68%
2 Weeks-1.34%
1 Month1.22%
3 Month7.15%
6 Month-0.19%
12 Month-3.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%1.19%
ATR Inc-3.81%
Range Today0.23
ADR(20)0.23
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.35
Mansfield-0.45
10 Day High31.93
10 Day Low29.65
20 Day High31.93
20 Day Low29.65
52 Week High33.82
52 Week Low25.69
CS1 End29.88
CR1 Start29.97
Volume & EV
DER(3)0%
DER(5)-1.43%
Volume1.60K
Volume Incr-62.06%
Vol(5)2.84K
Vol(50)14.56K