(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)
Intraday share price targets for Wipro (Wipro)
|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|
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.