Is Wipro technically bullish or bearish?
As of July 11, 2025, Wipro's technical outlook is mildly bearish, supported by daily moving averages and monthly indicators, despite some weekly bullish signals, with a year-to-date performance of -14.55% compared to the Sensex's 5.58%.
As of 11 July 2025, the technical trend for Wipro has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view. The daily moving averages indicate a mildly bearish trend, while the monthly MACD and Bollinger Bands also reflect bearish conditions. Although the weekly MACD and KST show mildly bullish signals, they are overshadowed by the overall bearish sentiment in the monthly indicators. The stock's performance relative to the Sensex has been weak, particularly year-to-date with a return of -14.55% compared to the Sensex's 5.58%. Overall, the technical outlook remains bearish with moderate strength.
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