Technical Analysis for WIT - Wipro Limited

Grade Last Price % Change Price Change
grade B 5.53 -2.47% -0.14
WIT closed down 2.47 percent on Tuesday, February 19, 2019, on 1.15 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Down
See historical WIT trend table...

Date Alert Name Type % Chg
Feb 19 Fell Below 20 DMA Bearish 0.00%
Feb 19 New Downtrend Bearish 0.00%
Feb 19 Hammer Candlestick Bullish 0.00%
Feb 19 Lizard Bullish Bullish Day Trade Setup 0.00%
Feb 19 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Feb 19 Doji - Bullish? Reversal 0.00%
Feb 19 Overbought Stochastic Strength 0.00%
Feb 19 Gapped Down Weakness 0.00%
Feb 19 Lower Bollinger Band Touch Weakness 0.00%
Feb 15 MACD Bearish Signal Line Cross Bearish -2.47%

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: 3 bullish, 1 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 5.9
52 Week Low 4.5
Average Volume 974,266
200-Day Moving Average 5.0862
50-Day Moving Average 5.3096
20-Day Moving Average 5.592
10-Day Moving Average 5.669
Average True Range 0.1096
ADX 27.99
+DI 24.9837
-DI 33.8678
Chandelier Exit (Long, 3 ATRs ) 5.4412
Chandelier Exit (Short, 3 ATRs ) 5.4688
Upper Bollinger Band 5.8237
Lower Bollinger Band 5.3603
Percent B (%b) 0.37
BandWidth 8.286838
MACD Line 0.1109
MACD Signal Line 0.1263
MACD Histogram -0.0155
Fundamentals Value
Market Cap 26.8 Billion
Num Shares 4.85 Billion
EPS 0.28
Price-to-Earnings (P/E) Ratio 19.75
Price-to-Sales 2.93
Price-to-Book 2.85
PEG Ratio 2.39
Dividend 0.02
Dividend Yield 0.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.79
Resistance 3 (R3) 5.76 5.65 5.75
Resistance 2 (R2) 5.65 5.58 5.66 5.73
Resistance 1 (R1) 5.59 5.54 5.62 5.62 5.72
Pivot Point 5.47 5.47 5.49 5.49 5.47
Support 1 (S1) 5.41 5.40 5.44 5.44 5.34
Support 2 (S2) 5.30 5.36 5.31 5.33
Support 3 (S3) 5.24 5.30 5.31
Support 4 (S4) 5.27