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FIRST TRUST INDIA NIFTY 50 E (NFTY) Stock Technical Analysis

USA - Nasdaq - NASDAQ:NFTY - US33737J8027 - ETF

56.7415 USD
-0.36 (-0.63%)
Last: 12/16/2025, 10:01:34 AM
Technical Rating and Analysis

0

Overall NFTY gets a technical rating of 0 out of 10. 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: 65% of all stocks are doing better.
Warning: NFTY has an average volume of 17380 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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 56.82 and 59.91.
Weekly and Daily overview Charts
FIRST TRUST INDIA NIFTY 50 E / NFTY Weekly stock chart
FIRST TRUST INDIA NIFTY 50 E / NFTY Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

55.24

66.10

We found 1 important support area.

  • Support @55.80 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 57.92 to 59.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong resistance @60.45 from a horizontal line in the daily time frame.
  • Resistance @65.45 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for NFTY is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for NFTY is down.
ChartMill Relative Strength35.11NEUTRALNFTY is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of NFTY is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of NFTY is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of NFTY is below the rising SMA(200).
Relative Strength Index/RSI (14)37.02NEUTRALThe RSI value for NFTY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.18NEGATIVEThe MACD value suggests NFTY has a negative trend.
Stochastics (14,3)15.3OVERSOLDThe low Stochastics value suggests NFTY may be oversold.
Average True Range in percent/ATR (20)1.02LOW VOLATILITYThe low ATR as a percentage value for NFTY suggests low volalility.
Average Directional Index/ADX (14)13.22NEGATIVEThe low ADX value for NFTY suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
FIRST TRUST INDIA NIFTY 50 E / NFTY Daily stock chart

FIRST TRUST INDIA NIFTY 50 E

NASDAQ:NFTY (12/16/2025, 10:01:34 AM)

56.7415

-0.36 (-0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.63%
1 Week-1.02%
2 Weeks-3.24%
1 Month-3.77%
3 Month-2.88%
6 Month-1.89%
12 Month0.4%
2 Year5.62%
3 Year30.75%
5 Year48.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%1.02%
ATR Inc67.8%
Range Today0.02
ADR(20)0.44
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.11
3 months CRS35.45
6 months CRS26.61
Mansfield-0.98
10 Day High58.9
10 Day Low56.82
20 Day High59.91
20 Day Low56.82
52 Week High60.7
52 Week Low51.57
CS1 End55.8
CR1 Start57.92
Volume & EV
DER(3)1.61%
DER(5)2.56%
Volume114
Volume Incr10.99%
Vol(5)13.38K
Vol(50)17.38K

FIRST TRUST INDIA NIFTY 50 E / NFTY FAQ

What is the ChartMill technical rating of FIRST TRUST INDIA NIFTY 50 E (NFTY) stock?

ChartMill assigns a technical rating of 0 / 10 to NFTY.


What is the trend direction for NFTY stock?

The current trend direction for FIRST TRUST INDIA NIFTY 50 E (NFTY) is Bearish.


Can you provide the RSI signal for FIRST TRUST INDIA NIFTY 50 E?

FIRST TRUST INDIA NIFTY 50 E (NFTY) has an RSI value of 37.0181. This indicates that the stock is currently neutral.


What is the short term momentum for NFTY stock?

The short term momentum for FIRST TRUST INDIA NIFTY 50 E (NFTY) is negative.


What are the support and resistance levels for FIRST TRUST INDIA NIFTY 50 E (NFTY) stock?

FIRST TRUST INDIA NIFTY 50 E (NFTY) has a support level at 55.8 and a resistance level at 57.92. Check the full technical report for our detailed analysis of NFTY support and resistance levels.