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ICICI Prudential Nifty IT ETF

ITIETF.BO•BSE
Financial Services
Asset Management
₹32.46
₹1.04(3.31%)
Indian Market is Open • 09:23

ICICI Prudential Nifty IT ETF (ITIETF.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for ICICI Prudential Nifty IT ETF (BSE:ITIETF.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ITIETF.BO Technical Analysis Summary

ICICI Prudential Nifty IT ETF stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.55)
Trend Strength:Moderate (ADX: 21.70)
Volatility:Medium (ATR: 0.84)
Support/Resistance:$30.15 – $34.23 (Bollinger Bands)

Overall, ICICI Prudential Nifty IT ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 50.55

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 54.09

Neutral
Mid-range signal with no clear trend.

Williams %R: -12.46

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.44

Bullish
Steady upward momentum.

Takeaway:ICICI Prudential Nifty IT ETF shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.57

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.70

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.84

Low
Low volatility, stable price action.

CCI (14): 36.36

Bullish
Bullish, momentum building upward.

Takeaway:ICICI Prudential Nifty IT ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$34.23
Middle Band (SMA 20)
$32.19
Lower Band
$30.15
Current Position
Within Bands

Takeaway:ICICI Prudential Nifty IT ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$33.81
Middle Line (EMA 20)
$32.14
Lower Channel
$30.47
Squeeze Status
No Squeeze

Takeaway:ICICI Prudential Nifty IT ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-656.46K
Money Flow Index59.30Neutral, balanced money flows with no clear signal.
Relative Vigor Index59.15Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:ITIETF.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of ICICI Prudential Nifty IT ETF, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for ICICI Prudential Nifty IT ETF are mixed, suggesting a Hold or wait-and-see approach.

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