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Wipro Limited

WIT Technical Analysis Summary (NYSE)

Analyze WIT on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WIT●NYSE
TechnologyInformation Technology Services
$2.02
$0.03(1.51%)
U.S. Market opens in 49h 49m

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 (NYSE)

Wipro Limited (NYSE: WIT) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.72)
Trend Strength:Weak (ADX: 19.42)
Volatility:Medium (ATR: 0.08)
Support/Resistance:$1.75 – $2.07 (Bollinger Bands)

Technical conditions suggest Wipro Limited on the NYSE is awaiting a decisive move. Technical conditions suggest Wipro Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.72

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.26

Bullish
Buying momentum building without extremes.

Williams %R: -19.70

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 8.92

Strongly Bullish
Strong upside momentum.

Takeaway:Wipro Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 19.42

Weak
Weak trend, market trading sideways.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 70.21

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.07
Middle Band (SMA 20)
$1.91
Lower Band
$1.75
Current Position
Within Bands

Takeaway:Wipro Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.13
Middle Line (EMA 20)
$1.96
Lower Channel
$1.80
Squeeze Status
Squeeze On

Takeaway:Wipro Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume19.20M
Money Flow Index64.65Bullish, inflows support continued momentum.
Relative Vigor Index48.38Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:WIT shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

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.

(NYSE: WIT) Technical Analysis FAQ