What is the technical trend for Wipro?
As of May 19, 2025, Wipro's technical trend is bearish, supported by bearish MACD, moving averages, and Bollinger Bands, despite a mildly bullish view from Dow Theory.
As of 19 May 2025, the technical trend for Wipro has changed from mildly bearish to bearish. The weekly MACD is bearish, and the daily moving averages also indicate a bearish stance. Bollinger Bands confirm a bearish outlook on both weekly and monthly time frames. The KST is bearish on a weekly basis and mildly bearish monthly, while the RSI shows no signal in both time frames. Dow Theory presents a mildly bullish view weekly, but the overall trend remains bearish. Given these indicators, the current technical stance is bearish with moderate strength.
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