USA - NASDAQ:NFTY - US33737J8027 - ETF
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.
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.
51.15
4 important support areas can be observed.
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. |
NASDAQ:NFTY (10/22/2025, 3:03:20 PM)
60.43
+0.93 (+1.56%)