Is Wipro technically bullish or bearish?

As of 21 July 2025, the technical trend for Wipro has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook. While the weekly MACD and KST show mildly bullish signals, the monthly MACD and KST are mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands on the weekly are mildly bullish, but the overall trend remains bearish due to the daily indicators. The Dow Theory indicates no trend on the weekly but is mildly bullish on the monthly, further complicating the outlook. Overall, the bearish sentiment is reinforced by the stock's performance relative to the Sensex, particularly in the year-to-date and one-year comparisons.