Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, January 27, 2023.

Wipro Limited (NYSE:WIT)

Sidelines Mode (-55) - WIT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
4.8900 4.9195 4.8700 4.9150 -0.0350
Entry Signal

MarketClub’s Trade Triangles for WIT

long term down The long-term trend has been DOWN since Nov 26th, 2021 at 8.385

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2023 at 4.750

short term down The short-term trend has been DOWN since Jan 24th, 2023 at 4.945

Smart Scan Analysis for WIT

Based on our trend formula, WIT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for WIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8900 4.9195 4.8700 4.9150 -0.0350
Prev. Close Volume Bid Ask Time
4.9500 84115 2023-01-27 09:59:03
Year High5.99Year High Date2018-01-16
Year Low4.5Year Low Date2018-05-23
52wk High8.0752wk High Date2022-03-22
52wk Low4.37552wk Low Date2022-10-13
Year End Close8.76Average Volume3,157,690
Shares Outstanding6,199,093Short Interest5,429,758
% Institutional80.1Market Cap22,115M
Assets107,918,200MLiabilities421,024,000M
P/E Ratio16.8367Beta1.41
Volatility28.83
Get a free daily analysis and signals for Wipro Limited (WIT) - Request Your Free Report.