Is Wipro technically bullish or bearish?
As of September 5, 2025, Wipro's technical trend is mildly bearish, with indicators like the weekly MACD and Bollinger Bands reflecting bearish conditions, despite a mildly bullish stance from the Dow Theory on the weekly timeframe.
As of 5 September 2025, the technical trend for Wipro has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands indicating bearish conditions, while the monthly MACD and KST show a mildly bearish outlook. The daily moving averages also reflect a bearish sentiment. The Dow Theory indicates a mildly bullish stance on the weekly timeframe, but overall, the indicators suggest a lack of strong bullish momentum. The stock's recent performance has been underwhelming compared to the Sensex, particularly year-to-date and over the past year.
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