FIRST TRUST INDIA NIFTY 50 E (NFTY) Stock Technical Analysis
USA - NASDAQ:NFTY - US33737J8027 - ETF
60.43 USD
+0.93 (+1.56%)
Overall NFTY gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NFTY is only an average performer.
Warning: NFTY has an average volume of 17653 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
NFTY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, NFTY outperforms 40% of them, which is more or less in line with the market.
In the last month NFTY has a been trading in a tight range between 56.89 and 59.90.
Volume is considerably higher in the last couple of days.
Although NFTY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
51.15
61.03
4 important support areas can be observed.
- Support @59.48 from a horizontal line in the daily time frame.
- A support zone ranging from 57.46 to 58.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
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 NFTY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NFTY is up. |
| ChartMill Relative Strength | 40.55 | NEUTRAL | NFTY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NFTY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NFTY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NFTY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.41 | NEUTRAL | The RSI value for NFTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests NFTY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.96 | OVERBOUGHT | The high Stochastics value suggests NFTY may be overbought. |
| 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) | 17.83 | 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 (10/22/2025, 3:03:20 PM)
60.43
+0.93 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.56%
1 Week2.98%
2 Weeks3.24%
1 Month2.45%
3 Month2.41%
6 Month3.59%
12 Month-0.68%
2 Year25.86%
3 Year33.61%
5 Year83.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%0.9%
ATR Inc-14.51%
Range Today0.4
ADR(20)0.43
ADR(20)%0.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.55
3 months CRS49.5
6 months CRS34.96
Mansfield-0.66
10 Day High59.9
10 Day Low57.28
20 Day High59.9
20 Day Low56.89
52 Week High61.23
52 Week Low51.57
CS1 End59.48
CR1 StartN/A
Volume & EV
DER(3)1.6%
DER(5)0.65%
Volume34.73K
Volume Incr331.48%
Vol(5)46.60K
Vol(50)17.65K