Technical Analysis for WIT - Wipro Limited
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
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.
| 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% |
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Basic chart:
- Earnings date: 09/27/2019
- Sector: Technology
- Industry: Information Technology Services
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
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
| 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. | ||
See more WIT news...
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 |
