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Stock Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Wipro Limited (NYSE:WIT)

Bull Market Weakness (+75) - WIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on WIT as it may be in the beginning stages of a reversal.

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
5.54 5.56 5.52 5.54 -0.07
Entry Signal

MarketClub’s Trade Triangles for WIT

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 5.32

intermediate term up The intermediate-term trend has been UP since Jun 6th, 2024 at 5.50

short term up The short-term trend has been UP since Jun 5th, 2024 at 5.27

Smart Scan Analysis for WIT

Based on our trend formula, WIT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for WIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.54 5.56 5.52 5.54 -0.07
Prev. Close Volume Bid Ask Time
5.54 1642432 2024-06-14 15:59:59
Year High5.99Year High Date2018-01-16
Year Low4.5Year Low Date2018-05-23
52wk High6.4552wk High Date2024-02-16
52wk Low4.4852wk Low Date2023-10-26
Year End Close8.76Average Volume2,617,848
Shares Outstanding6,199,093Short Interest5,429,758
% Institutional80.1Market Cap22,115M
Assets115,245,900MLiabilities402,576,000M
P/E Ratio22.5301Beta1.41
Volatility28.83
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