Advertisement

Ads Placeholder
Loading...

Wipro Limited

WIT•NYSE
Technology
Information Technology Services
$2.16
$0.05(2.37%)
U.S. Market opens in 18h 34m

Wipro Limited (WIT) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Wipro Limited (NYSE:WIT).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WIT Technical Analysis Summary

Wipro Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.21)
Trend Strength:Weak (ADX: 18.42)
Volatility:Medium (ATR: 0.08)
Support/Resistance:$1.97 – $2.44 (Bollinger Bands)

Overall, Wipro Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 45.21

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.09

Bearish
Momentum remains weak below midpoint.

Williams %R: -47.62

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.42

Bearish
Selling pressure outweighs buying.

Takeaway:Wipro Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.42

Weak
Weak trend, market trading sideways.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 20.00

Neutral
Neutral, no strong directional signal.

Takeaway:Wipro Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.44
Middle Band (SMA 20)
$2.20
Lower Band
$1.97
Current Position
Within Bands

Takeaway:Wipro Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.34
Middle Line (EMA 20)
$2.18
Lower Channel
$2.01
Squeeze Status
No Squeeze

Takeaway:Wipro Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-176.32M
Money Flow Index29.32Bearish, selling pressure outweighs inflows.
Relative Vigor Index30.51Bearish, price momentum favors sellers.

Overall Takeaway:WIT shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Wipro Limited, here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Wipro Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ