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Stock Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

Wipro Ltd (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.

NYSE_WIT
Open High Low WIT Price Change
5.08 5.09 5.03 5.08 -0.05
Entry Signal

MarketClub’s Trade Triangles for WIT

long term up The long-term trend has been UP since Jul 14th, 2020 at 3.480

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 5.160

short term down The short-term trend has been DOWN since Nov 25th, 2020 at 5.035

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).

+85
Smart Scan Analysis for WIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.08 5.09 5.03 5.08 -0.05
Prev. Close Volume Bid Ask Time
4.85 487022 2020-11-25 15:59:58
Year High5.99Year High Date2018-01-16
Year Low4.5Year Low Date2018-05-23
52wk High5.497852wk High Date2020-10-09
52wk Low2.5252wk Low Date2020-03-19
Year End Close8.76Average Volume2,007,584
Shares Outstanding6,199,093Short Interest5,429,758
% Institutional80.1Market Cap22,115M
Assets875,215,000MLiabilities262,665,000M
P/E Ratio19.246Beta1.41
Volatility28.83
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