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Technicals for Wipro Limited
By MusingTheNews
2025-04-25 21:01
Overall Technical outlook
Price Summary
On 2025-04-25, Wipro Limited's stock opened at 243.95, peaked at 246.15, hit a low of 238.05, and closed -1.25% lower at 240.9, with 16614690 shares changing hands. The peak price for the stock in the past 52 weeks is 573.5, with the lowest price being 234.15. The price projection is between 200.0 and 300.0, with an average expected price around 248.67442, according to 43 analysts.
Technicals
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Wipro Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for WIPRO. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Wipro Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Wipro Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Wipro Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, though the weakening slopes of the shorter-term averages raise concerns about a potential reversal. While the overall momentum is still upward, the indications from the faster averages suggest that the trend might be nearing its end, warranting caution. Tripple SMA chart for Wipro Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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