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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Wipro Limited (NYSE:WIT)
Countertrend Up (+85) - WIT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 1st, 2024 at 6.130
The intermediate-term trend has been UP since Oct 18th, 2024 at 6.725
The short-term trend has been DOWN since Nov 13th, 2024 at 6.800
Smart Scan Analysis for WIT
Based on our trend formula, WIT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.77 | 6.82 | 6.73 | 6.82 | +0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.81 | 1446068 | 2024-11-19 15:59:36 |
| Year High | 5.99 | Year High Date | 2018-01-16 |
| Year Low | 4.5 | Year Low Date | 2018-05-23 |
| 52wk High | 7.04 | 52wk High Date | 2024-11-11 |
| 52wk Low | 4.67 | 52wk Low Date | 2023-11-24 |
| Year End Close | 8.76 | Average Volume | 2,521,236 |
| Shares Outstanding | 6,199,093 | Short Interest | 5,429,758 |
| % Institutional | 80.1 | Market Cap | 22,115M |
| Assets | 126,009,700M | Liabilities | 441,754,000M |
| P/E Ratio | 25.0936 | Beta | 1.41 |
| Volatility | 28.83 |