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Stock Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
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, WIT 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.
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MarketClub’s Trade Triangles for WIT
The long-term trend has been DOWN since Apr 15th, 2024 at 5.320
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 6.095
The short-term trend has been DOWN since May 9th, 2024 at 5.420
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.3100 | 5.3675 | 5.3100 | 5.3200 | -0.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.3800 | 1011028 | 2024-05-10 15:59:24 |
| Year High | 5.99 | Year High Date | 2018-01-16 |
| Year Low | 4.5 | Year Low Date | 2018-05-23 |
| 52wk High | 6.45 | 52wk High Date | 2024-02-16 |
| 52wk Low | 4.48 | 52wk Low Date | 2023-10-26 |
| Year End Close | 8.76 | Average Volume | 3,462,143 |
| Shares Outstanding | 6,199,093 | Short Interest | 5,429,758 |
| % Institutional | 80.1 | Market Cap | 22,115M |
| Assets | 112,511,700M | Liabilities | 394,854,000M |
| P/E Ratio | 16.0884 | Beta | 1.41 |
| Volatility | 28.83 |