WIPRO LTD-ADR (WIT) Stock Technical Analysis
NYSE:WIT - US97651M1099 - ADR
2.825 USD
+0.03 (+0.89%)
Taking everything into account, WIT scores 0 out of 10 in our technical rating. WIT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
78% of all other stocks performed better in the past year than WIT.
WIT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
WIT has an average volume of 7153180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WIT is part of the IT Services industry. There are 83 other stocks in this industry, WIT did better than 51% of them.
In the last month WIT has a been trading in the 2.62 - 2.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of WIT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.60
3.17
We found 1 important support area.
- A support zone ranging from 2.63 to 2.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.86 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.12 to 3.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WIT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WIT is neutral. |
| ChartMill Relative Strength | 22.83 | NEGATIVE | WIT has a low relative strength, it was outperformed by 77.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WIT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WIT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.82 | NEUTRAL | The RSI value for WIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WIT has a positive trend. |
| Stochastics (14,3) | 85.42 | OVERBOUGHT | The high Stochastics value suggests WIT may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for WIT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.12 | NEUTRAL | The ADX value for WIT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:WIT (8/22/2025, 11:31:03 AM)
2.825
+0.03 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.89%
1 Week3.32%
2 Weeks5.26%
1 Month-4.76%
3 Month-2.1%
6 Month-19.54%
12 Month-8.65%
2 Year14.52%
3 Year11.78%
5 Year30.23%
10 Year27.53%
15 Year16.39%
Volatility
ATR(14)0.05
ATR(20)%2.06%
ATR Inc7.69%
Range Today0.06
ADR(20)0.05
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.83
Mansfield-1.86
10 Day High2.82
10 Day Low2.62
20 Day High2.94
20 Day Low2.62
52 Week High3.79
52 Week Low2.62
CS1 End2.65
CR1 Start2.86
Volume & EV
DER(3)1.88%
DER(5)1.33%
Volume19.98K
Volume Incr-47.07%
Vol(5)4.56M
Vol(50)7.15M