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Stock Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

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
9.21 9.23 9.16 9.17 -0.02
Entry Signal

MarketClub’s Trade Triangles for WIT

long term up The long-term trend has been UP since Jul 14th, 2020 at 3.48

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 9.70

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 9.75

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
9.21 9.23 9.16 9.17 -0.02
Prev. Close Volume Bid Ask Time
9.19 1455477 2021-10-27 15:59:59
Year High5.99Year High Date2018-01-16
Year Low4.5Year Low Date2018-05-23
52wk High9.9652wk High Date2021-10-19
52wk Low4.7652wk Low Date2020-11-02
Year End Close8.76Average Volume2,064,068
Shares Outstanding6,199,093Short Interest5,429,758
% Institutional80.1Market Cap22,115M
Assets962,137,000MLiabilities340,473,000M
P/E Ratio30.9428Beta1.41
Volatility28.83
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