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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Wipro Limited (NYSE:WIT)

Crossroads (-60) - WIT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid WIT?

MarketClub looks at technical strength and momentum to determine if the timing is right for WIT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_WIT
Open High Low WIT Price Change
5.65 5.69 5.63 5.69 +0.03
Entry Signal

MarketClub’s Trade Triangles for WIT

long term up The long-term trend has been UP since Dec 18th, 2023 at 5.310

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 6.095

short term down The short-term trend has been DOWN since Mar 19th, 2024 at 6.020

Smart Scan Analysis for WIT

Based on our trend formula, WIT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for WIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.65 5.69 5.63 5.69 +0.03
Prev. Close Volume Bid Ask Time
5.70 2332486 2024-03-27 15:58:21
Year High5.99Year High Date2018-01-16
Year Low4.5Year Low Date2018-05-23
52wk High6.4552wk High Date2024-02-16
52wk Low4.3252wk Low Date2023-04-19
Year End Close8.76Average Volume2,205,925
Shares Outstanding6,199,093Short Interest5,429,758
% Institutional80.1Market Cap22,115M
Assets112,511,700MLiabilities394,854,000M
P/E Ratio16.0884Beta1.41
Volatility28.83
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