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Stock Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Wipro Limited (NYSE:WIT)

Strong Downtrend (-100) - WIT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.

NYSE_WIT
Open High Low WIT Price Change
8.49 8.54 8.34 8.38 -0.35
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 down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 8.920

short term down The short-term trend has been DOWN since Nov 10th, 2021 at 8.965

Smart Scan Analysis for WIT

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

-100
Smart Scan Analysis for WIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.49 8.54 8.34 8.38 -0.35
Prev. Close Volume Bid Ask Time
8.38 1872698 2021-11-26 12:59:47
Year High5.99Year High Date2018-01-16
Year Low4.5Year Low Date2018-05-23
52wk High9.9652wk High Date2021-10-19
52wk Low5.0352wk Low Date2020-11-25
Year End Close8.76Average Volume1,351,315
Shares Outstanding6,199,093Short Interest5,429,758
% Institutional80.1Market Cap22,115M
Assets962,137,000MLiabilities340,473,000M
P/E Ratio29.3939Beta1.41
Volatility28.83
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