Technical Analysis for WIT - Wipro Limited

Grade Last Price % Change Price Change
grade C 3.77 -0.26% -0.01
WIT closed down 0.26 percent on Wednesday, November 20, 2019, on 45 percent of normal volume. It was able to find support at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Flat Down
See historical WIT trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Inside Day Range Contraction -0.26%
Below Lower BB Weakness -0.26%
Lower Bollinger Band Touch Weakness -0.26%
Oversold Stochastic Weakness -0.26%

Older signals for WIT ...

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Profile
Wipro Limited provides information technology (IT) products and services worldwide. It operates in two segments, IT Services and IT Products. The IT Services segment offers business and enterprise application, business collaboration and customer experience, enterprise architecture, business integration, enterprise security, testing, infrastructure, product engineering, and research and development services and solutions. This segment also offers advanced technologies services focusing on cloud, mobility, analytics, social, and smart sensor technologies; business process outsourcing services; and analytics and information management solutions. In addition, this segment offers consulting services for business transformation, process excellence, enterprise architecture consulting, customer relationship management, supply chain management, human capital management, governance, risk and compliance, and finance and accounting. It serves finance solutions; manufacturing and hi-tech; media and telecom; retail, consumer goods, transportation, and government; energy, natural resources, and utilities; and healthcare, and life sciences and services industries. The IT Products segment offers desktops, notebooks, net power servers, storage, and super computers; databases and server computing resource management software; data network products; enterprise application, data warehousing, and business intelligence software; backup and disaster recovery systems; and contact center infrastructure. It also provides firewalls, intrusion prevention systems, data leakage protection, and identity and access management; load balancers, WAN optimizers, and virtualization software; and video solutions. This segment serves small, medium, and large enterprises in government, defense, IT and ITeS, telecommunications, manufacturing, utilities, education, and financial services sectors, as well as individual users. Wipro Limited was founded in 1945 and is headquartered in Bengaluru, India.
Energy Transportation Telecommunications Manufacturing Healthcare Information Technology Retail Supply Chain Management Business Intelligence CRM Customer Relationship Management Cnx Nifty Wan Computer Companies Oracle Cloud Information Management Solutions Bse Sensex Human Capital Management Access Management Software Ag Virtualization Software
Is WIT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 1 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 4.625
52 Week Low 3.51
Average Volume 1,277,328
200-Day Moving Average 4.0867
50-Day Moving Average 3.7656
20-Day Moving Average 3.894
10-Day Moving Average 3.868
Average True Range 0.065
ADX 21.98
+DI 19.4344
-DI 27.7759
Chandelier Exit (Long, 3 ATRs ) 3.805
Chandelier Exit (Short, 3 ATRs ) 3.955
Upper Bollinger Band 4.0223
Lower Bollinger Band 3.7657
Percent B (%b) 0.02
BandWidth 6.589625
MACD Line 0.0055
MACD Signal Line 0.0313
MACD Histogram -0.0259
Fundamentals Value
Market Cap 18.27 Billion
Num Shares 4.85 Billion
EPS 0.28
Price-to-Earnings (P/E) Ratio 13.46
Price-to-Sales 2.93
Price-to-Book 2.85
PEG Ratio 2.39
Dividend 0.02
Dividend Yield 0.53%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.83
Resistance 3 (R3) 3.83 3.82 3.82
Resistance 2 (R2) 3.82 3.80 3.82 3.82
Resistance 1 (R1) 3.79 3.79 3.79 3.79 3.81
Pivot Point 3.78 3.78 3.77 3.78 3.78
Support 1 (S1) 3.75 3.76 3.75 3.75 3.73
Support 2 (S2) 3.74 3.75 3.74 3.72
Support 3 (S3) 3.71 3.74 3.72
Support 4 (S4) 3.71