FIRST TRUST INDIA NIFTY 50 E (NFTY) Stock Technical Analysis
USA - NASDAQ:NFTY - US33737J8027 - ETF
57.24 USD
-0.32 (-0.55%)
We assign a technical rating of 0 out of 10 to NFTY. NFTY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, NFTY is a bad performer in the overall market: 82% of all stocks are doing better.
Warning: NFTY has an average volume of 18765 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
NFTY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NFTY is lagging the market.
In the last month NFTY has a been trading in a tight range between 56.50 and 59.30.
Considerably lower volume is observed in the last couple of days.
The technical rating of NFTY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
51.15
60.07
When analyzing the support we can see 2 important areas.
- Support @55.80 from a horizontal line in the daily time frame.
- A support zone ranging from 51.67 to 52.01. 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 57.64 to 58.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @59.48 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 | NEUTRAL | NEUTRAL | The long term trend for NFTY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NFTY is down. |
| ChartMill Relative Strength | 18.42 | NEGATIVE | NFTY has a low relative strength, it was outperformed by 81.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NFTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NFTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NFTY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.96 | NEUTRAL | The RSI value for NFTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests NFTY has a negative trend. |
| Stochastics (14,3) | 15.83 | OVERSOLD | The low Stochastics value suggests NFTY may be oversold. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for NFTY suggests low volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for NFTY suggests a weak or negative 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)
NASDAQ:NFTY (9/26/2025, 8:16:27 PM)
57.24
-0.32 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.55%
1 Week-2.64%
2 Weeks-1.49%
1 Month-0.21%
3 Month-4.92%
6 Month3.17%
12 Month-12.54%
2 Year17.68%
3 Year33.64%
5 Year84.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%0.9%
ATR Inc21.34%
Range Today0.4
ADR(20)0.39
ADR(20)%0.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.42
Mansfield-1.03
10 Day High59.3
10 Day Low56.89
20 Day High59.3
20 Day Low56.5
52 Week High64.9
52 Week Low51.57
CS1 End55.8
CR1 Start57.64
Volume & EV
DER(3)-1.01%
DER(5)-1.54%
Volume6.40K
Volume Incr-9.51%
Vol(5)12.12K
Vol(50)18.77K