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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
$2.16
$0.010(0.46%)
U.S. Market opens in 4h 0m

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 bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 68.55)
Trend Strength:Strong (ADX: 38.69)
Volatility:Medium (ATR: 0.06)
Support/Resistance:$1.92 – $2.27 (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): 68.55

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 72.78

Bullish
Buying momentum building without extremes.

Williams %R: -16.67

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -0.91

Neutral
Price change is minimal.

Takeaway:Wipro Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.09

Bullish
Bullish, trend momentum is strengthening.

ADX: 38.69

Strong
Strong trend, momentum well established.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): 35.38

Bullish
Bullish, momentum building upward.

Takeaway:Wipro Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.27
Middle Band (SMA 20)
$2.10
Lower Band
$1.92
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2.20
Middle Line (EMA 20)
$2.07
Lower Channel
$1.95
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume48.75M
Money Flow Index37.37Bearish, selling pressure outweighs inflows.
Relative Vigor Index44.47Neutral to Bearish, sellers hold a slight edge.

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 (NYSE: WIT), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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 stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(NYSE: WIT) Technical Analysis FAQ