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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.

Showing technical analysis as on 2024-01-09 View latest technical analysis

10 day averaged volume of First Trust is 22890

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	54.04	54.04	54.14	53.83	0.909 times
08 Mon Jan 2024	53.97	53.86	54.10	53.71	0.498 times
05 Fri Jan 2024	53.86	54.70	54.81	53.86	3.067 times
04 Thu Jan 2024	54.40	54.42	54.55	53.82	0.686 times
03 Wed Jan 2024	54.17	54.18	54.19	53.77	0.747 times
02 Tue Jan 2024	54.31	53.99	54.33	53.99	0.826 times
29 Fri Dec 2023	54.06	54.26	54.41	54.02	0.695 times
29 Fri Dec 2023	54.06	54.26	54.41	54.02	0.695 times
28 Thu Dec 2023	54.58	54.35	54.69	54.31	1.315 times
27 Wed Dec 2023	54.30	54.29	54.31	54.02	0.843 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 54.3 as stoploss in an intra day sell trade for a target of 53.6. However, stock will show a bullish move above 54.3.

Share price targets for First Trust (NFTY)

Target Type	Value
Downside Target	46.60
Downside Target	49.20
Downside Target	51.92
Downside Target	53.69
Downside Target	53.77
Downside Target	54.02
Upside Target	54.14
Upside Target	54.41
Upside Target	54.69
Upside Target	54.81

Intraday share price targets for First Trust (NFTY)

Target Type	Value
Downside Intraday Target	53.79
Downside Intraday Target	53.53
Upside Intraday Target	54.22
Upside Intraday Target	54.39
Downside Intraday Target	53.96

Weekly technical analysis of First Trust (NFTY)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	54.04	53.86	54.14	53.71	0.264 times
05 Fri Jan 2024	53.86	53.99	54.81	53.77	7.667 times
29 Fri Dec 2023	54.06	54.26	54.41	54.02	0.199 times
29 Fri Dec 2023	54.06	53.72	54.69	53.69	1.349 times
22 Fri Dec 2023	53.40	53.53	53.77	51.92	0.738 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
09 Tue Jan 2024	54.04	53.99	54.81	53.71	0.49 times
29 Fri Dec 2023	54.06	50.87	54.69	50.55	1.421 times
30 Thu Nov 2023	50.78	47.15	50.78	47.15	0.736 times
31 Tue Oct 2023	47.27	48.50	49.20	46.60	0.899 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of First Trust ( (NFTY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing momentum.

MACD generated a SELL signal for First Trust in short term but the sell signal is initial and weak.

First Trust Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for First Trust in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.13 and First Trust (NFTY) stock is trading below this level. This means that stock is falling with high volumes. 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.