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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Wipro Limited (NYSE:WIT)
Long-Term Downtrend (-90) - WIT is in a strong downtrend that is likely to continue. While WIT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for WIT
The long-term trend has been DOWN since Dec 11th, 2024 at 6.110
The intermediate-term trend has been DOWN since Feb 21st, 2025 at 3.575
The short-term trend has been DOWN since Feb 21st, 2025 at 3.630
Smart Scan Analysis for WIT
Based on our trend formula, WIT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.580 | 3.600 | 3.480 | 3.485 | -0.155 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.480 | 4808470 | 2025-02-21 15:59:49 |
| Year High | 5.99 | Year High Date | 2018-01-16 |
| Year Low | 4.5 | Year Low Date | 2018-05-23 |
| 52wk High | 3.79 | 52wk High Date | 2025-01-24 |
| 52wk Low | 2.545 | 52wk Low Date | 2024-05-31 |
| Year End Close | 8.76 | Average Volume | 6,061,855 |
| Shares Outstanding | 12,398,187 | Short Interest | 5,429,758 |
| % Institutional | 80.1 | Market Cap | 22,115M |
| Assets | 130,201,900M | Liabilities | 448,170,000M |
| P/E Ratio | 15.2301 | Beta | 1.41 |
| Volatility | 28.83 |