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(Wipro) Wipro complete technical analysis [charts+indicators] | Buy/Sell Wipro | (Wipro) share price targets

Complete technical analysis of Wipro (Wipro) by charts plus indicators, forecast predictions and share price targets for Wipro (Wipro)

Showing technical analysis as on 2022-05-18 View latest technical analysis

10 day averaged volume of Wipro is 775284

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 481.25 492.60 495.30 480.65 0.988 times
17 Tue May 2022 486.80 470.45 489.00 468.00 0.677 times
16 Mon May 2022 468.20 475.95 475.95 465.00 0.174 times
13 Fri May 2022 468.55 480.60 480.60 466.90 1.016 times
12 Thu May 2022 473.80 467.00 475.75 462.15 0.324 times
11 Wed May 2022 471.20 479.40 482.10 462.30 1.324 times
10 Tue May 2022 477.85 482.30 483.80 476.55 0.799 times
09 Mon May 2022 483.50 480.50 489.45 474.55 1.193 times
06 Fri May 2022 485.40 492.00 492.00 481.10 0.69 times
05 Thu May 2022 501.05 501.40 503.85 495.80 0.883 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 475.8 as stoploss in an intra day buy trade for a target of 500.39. However, stock will show a bearish move below 475.8.

Share price targets for Wipro (Wipro)

Target Type Value
Downside Target 462.15
Downside Target 481.10
Upside Target 507.25
Upside Target 519.00
Upside Target 537.45
Upside Target 538.35
Upside Target 550.00
Upside Target 550.30
Upside Target 589.80
Upside Target 609.40
Upside Target 615.90
Upside Target 726.70

Intraday share price targets for Wipro (Wipro)

Target Type Value
Downside Intraday Target 465.73
Downside Intraday Target 450.22
Upside Intraday Target 496.03
Upside Intraday Target 510.82
Downside Intraday Target 480.52

Weekly technical analysis of Wipro (Wipro)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 481.25 475.95 495.30 465.00 0.395 times
13 Fri May 2022 468.55 480.50 489.45 462.15 0.744 times
06 Fri May 2022 485.40 512.10 519.00 481.10 1.407 times
29 Fri Apr 2022 509.00 530.00 538.35 507.25 1.338 times
22 Fri Apr 2022 537.85 550.00 550.00 526.00 1.439 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Wipro (Wipro)

Date Monthly Closing Price Open High Low Volume
18 Wed May 2022 481.25 512.10 519.00 462.15 1.016 times
29 Fri Apr 2022 509.00 591.60 609.40 507.25 1.141 times
31 Thu Mar 2022 592.00 556.25 615.90 550.30 0.765 times
28 Mon Feb 2022 555.85 579.95 589.80 530.50 0.72 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Wipro (Wipro)

Indicator Name Indicator Value Indicator Signal
ADX 16, 27, 25 Sell
MACD -44, -45Buy
Stochastics 38None
CCI 53Buy
RSI 49Sell
OBV -8205061Sell
VWAP 480Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Wipro ( (Wipro) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Wipro ( (Wipro) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Wipro ( (Wipro) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Wipro ( (Wipro) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Wipro stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Wipro in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Wipro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Wipro in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Wipro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 480.4 and Wipro (Wipro) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Wipro (Wipro) stock. Volume based technical analysis of Wipro (Wipro) stock is negative.

Wipro Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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