Is Wipro technically bullish or bearish?

Jul 21 2025 08:03 AM IST
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As of July 18, 2025, Wipro's technical trend is neutral with mixed indicators, showing a divergence between mildly bullish weekly MACD and mildly bearish monthly MACD, while Bollinger Bands suggest potential upward movement but daily moving averages and weekly OBV indicate mild bearishness.
As of 18 July 2025, the technical trend for Wipro has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, the daily moving averages are mildly bearish, and the weekly OBV is also mildly bearish, which adds to the uncertainty. Overall, the lack of strong signals from the RSI and Dow Theory, which shows no trend on the weekly and mildly bullish on the monthly, reinforces the neutral stance.
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