Country Icon

Wipro Limited (WIT) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: EDP Services
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 22 Sep 2017NoneBearish EngulfingTue, 19 Sep 20170.53%
***Stock database and scans are updated around midnight (New York time) every trading day.
5.68 0.00 (0%) Sep 22 4:02pm EDT
Open: 5.67 Range: 5.64 - 5.71 Vol: 1.23M Avg Vol: 1.38M
EPS: 0.28 P/E ratio: 20.65 EBITDA: 1.71B Mkt Cap: 27.48B
Analyze "WIT" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 5.67
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 5.86
Last Trade is below the 50 day moving average at 5.95
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 5.22
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of WIT

Stock Trend Analysis - Buy, Sell or Hold "Wipro Limited" (WIT)?

WIT is in a long term trading range with a downward bias. This stock has traded about 60% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 1.4M shares changing hands. In the medium term however, the 50 day moving average for WIT is very bullish, indicating good swing trading opportunities for longs. The 20 day moving average is in a trading range with a bearish downside bias. Although still too early to confirm and the longer term trend is still up, this may be an indication of a trend reversal taking shape. Buyers need to be cautious and pick levels which may have significant support such as the 200 SMA currently at 5.22. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "WIT".

The analyst consensus estimates for the 1 year price target for this stock is $4.95* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 22 Sep 2017
Technology Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
MDRXAllscripts Healthcare Solutions, Inc.Buy, Sell or HoldTrading Levels & Pivots
URIUnited Rentals, Inc.Buy, Sell or HoldTrading Levels & Pivots
MRVLMarvell Technology Group Ltd.Buy, Sell or HoldTrading Levels & Pivots
ADPAutomatic Data Processing, Inc.Buy, Sell or HoldTrading Levels & Pivots
TTECTeleTech Holdings, Inc.Buy, Sell or HoldTrading Levels & Pivots
ASMLASML Holding N.V.Buy, Sell or HoldTrading Levels & Pivots
SPWSPX CorporationBuy, Sell or HoldTrading Levels & Pivots
AMDAdvanced Micro Devices, Inc.Buy, Sell or HoldTrading Levels & Pivots
BLKBBlackbaud, Inc.Buy, Sell or HoldTrading Levels & Pivots
RHTRed Hat, Inc.Buy, Sell or HoldTrading Levels & Pivots