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(NFTY) First Trust complete technical analysis [charts+indicators] | Buy/Sell First Trust | (NFTY) share price targets

Complete technical analysis of First Trust (NFTY) by charts plus indicators, forecast predictions and share price targets for First Trust (NFTY)

First Trust trades in USA in N A sector.

10 day averaged volume of First Trust is 19831

Date Daily Closing Price Open High Low Volume
23 Thu May 2024 58.50 58.79 58.99 58.32 0.993 times
22 Wed May 2024 57.84 57.97 57.97 57.66 1.301 times
21 Tue May 2024 57.82 57.84 57.95 57.76 1.402 times
20 Mon May 2024 57.47 57.66 57.75 57.24 0.987 times
17 Fri May 2024 57.48 57.39 57.56 57.22 0.871 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58.5, for a target of 57.7 or 57.09

Share price targets for First Trust (NFTY)

Target Type Value
Downside Target 53.37
Downside Target 55.08
Downside Target 57.24
Downside Target 57.40
Downside Target 57.56
Downside Target 57.57
Downside Target 57.73
Downside Target 57.95
Downside Target 58.25
Upside Target 58.99

Intraday share price targets for First Trust (NFTY)

Target Type Value
Downside Intraday Target 57.5
Downside Intraday Target 56.49
Upside Intraday Target 59.25
Upside Intraday Target 59.99
Downside Intraday Target 58.24

Weekly technical analysis of First Trust (NFTY)

Date Weekly Closing Price Open High Low Volume
23 Thu May 2024 58.50 57.66 58.99 57.24 1.033 times
17 Fri May 2024 57.48 56.70 57.56 56.36 0.423 times
10 Fri May 2024 55.98 57.21 57.21 55.69 1.34 times
03 Fri May 2024 57.45 57.01 57.73 56.59 1.372 times
26 Fri Apr 2024 57.20 56.63 57.40 56.52 0.782 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of First Trust (NFTY)

Date Monthly Closing Price Open High Low Volume
23 Thu May 2024 58.50 56.86 58.99 55.69 0.841 times
30 Tue Apr 2024 56.59 57.38 57.95 55.12 1.003 times
28 Thu Mar 2024 56.96 57.27 58.25 55.34 0.992 times
29 Thu Feb 2024 56.26 55.43 57.57 55.08 0.911 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of First Trust (NFTY)

Indicator Name Indicator Value Indicator Signal
ADX 39, 15, 44 Buy
MACD 1, 0Buy
Stochastics 91Buy
CCI 153Buy
RSI 57Buy
OBV -30726Sell
VWAP 57Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of First Trust ( (NFTY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of First Trust ( (NFTY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of First Trust ( (NFTY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of First Trust ( (NFTY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for First Trust stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for First Trust in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

First Trust Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for First Trust in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of First Trust is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.34 and First Trust (NFTY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the First Trust (NFTY) stock. Volume based technical analysis of First Trust (NFTY) stock is negative.

First Trust Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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