Technical Analysis of NFTY ( First Trust India NIFTY 50 Equal Weight ETF )
Technical Sentiment Summary
The stock indicators present a mixed sentiment, with a bearish Moving Average Score of 23, a neutral Oscillators Score of 60, and a neutral Technical Score of 41. This combination suggests a cautious outlook, as the bearish trend in moving averages may counterbalance the more favorable oscillator readings, indicating potential volatility ahead.
Technical Scores and Rating
Moving Average Score
Oscillator Score
Technical Rating
Moving Average indicators
EMA10
Bullish
SMA20
Bearish
SMA50
Bearish
SMA200
Bearish
Oscillator indicators
RSI
Neutral
Stochastic
Neutral
MACD
Bullish
CCI
Neutral
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