Technical Analysis of MODEFENCE ETFOverview of the Stock and Recent Price Action
The MODEFENCE ETF, listed on the NSE, has shown notable price movements over the past few months. The 4-hour chart reveals a descending triangle pattern, indicating a potential bearish continuation or a bullish reversal if the price breaks above the upp
Key stats
About MOTILALAMC - MODEFENCE
Home page
Inception date
Aug 27, 2024
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Motilal Oswal Asset Management Co. Ltd.
ISIN
INF247L01DJ0
The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by Nifty India Defence Total Return Index, subject to tracking err. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Classification
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Process Industries
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MODEFENCE trades at 96.32 INR today, its price has risen 0.40% in the past 24 hours. Track more dynamics on MODEFENCE price chart.
MODEFENCE net asset value is 95.71 today — it's risen 30.10% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MODEFENCE price has risen by 25.12% over the last month, and its yearly performance shows a 22.40% increase. See more dynamics on MODEFENCE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 30.10% over the last month, showed a 64.37% increase in three-month performance and has increased by 33.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 30.10% over the last month, showed a 64.37% increase in three-month performance and has increased by 33.41% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MODEFENCE invests in stocks. See more details in our Analysis section.
MODEFENCE expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MODEFENCE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MODEFENCE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MODEFENCE shows the strong buy signal. See more of MODEFENCE technicals for a more comprehensive analysis.
Today, MODEFENCE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MODEFENCE shows the strong buy signal. See more of MODEFENCE technicals for a more comprehensive analysis.
No, MODEFENCE doesn't pay dividends to its holders.
MODEFENCE trades at a premium (0.27%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MODEFENCE shares are issued by Motilal Oswal Financial Services Ltd.
The fund started trading on Aug 27, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.