WIT Stock Analysis: Wipro Limited

Updated Nov 3, 2026, after the Nov 2 close. NYSE, Information Technology Services. Refreshed every trading day from the latest close.

$2.15 -0.46% Nov 2 close

The short answer

As of the Nov 2, 2026 close, QuantivFlow's Trend algo rates WIT BUY on the short-term (daily) horizon, a stance it has held since Oct 22, 2026 at $2.19. The mid-term (weekly) and long-term (monthly) horizons read EXIT and EXIT. The Rebound algo's last dip trade closed on Jan 2, 2026 at $2.89; it holds no dip position now. The Patterns algo sees a bull pennant on the daily chart that broke out on Oct 30, 2026 at $2.10, with a measured target about 29% higher. The daily RSI (14) is 69, and the price sits 18.1% above the 50-day average and 4.9% above the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)BUY
Mid term (weekly)EXIT
Long term (monthly)EXIT

Daily BUY since Oct 22, 2026 at $2.19. Weekly EXIT since Oct 31, 2025 at $2.60. Monthly EXIT since Aug 2025.

Rebound

buys sharp dips
Short termEXIT
Mid termNo dip signal

Short term: the last dip trade closed on Jan 2, 2026 at $2.89; no open dip position. The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily: Bull pennantBREAKOUT

The bull pennant on the daily chart broke out on Oct 30, 2026 at $2.10, measured target 29.1% higher (about $2.71).

Daily indicators at the Nov 2 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)68.6strong
MACD / signal0.10 / 0.09above signal, falling
ADX (14)35.2trending
+DI / -DI43.0 / 16.0buyers lead
ATR (14)0.073.3% of price
Price levelsValuevs price
SMA 201.94+10.8%
SMA 501.82+18.1%
SMA 2002.05+4.9%
Bollinger (20, 2)1.57 to 2.32inside the bands
52-week range1.59 to 3.0638% of range
Volume6.1M0.5x the 20-day average

How the algos have done on WIT

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (2.9y) Not enough closed trades on this stock yet (4 so far; 5 needed).
Trend, mid term (10y)
0%win rate
-7.1%avg per trade
5closed trades
Trend, long term (20y) Not enough closed trades on this stock yet (4 so far; 5 needed).
Rebound, short term (2.8y)
69%win rate
+0.1%avg per trade
13closed trades
Rebound, mid term (10y)
33%win rate
-5.5%avg per trade
6closed trades
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (1 detected; 5 needed).

Recent signals on WIT

DateAlgoHorizonSignalPriceNote
2026-10-30PatternsDaily Bull pennant breakout 2.10target +29.1%
2026-10-22TrendShort term BUY 2.19open
2026-03-06TrendShort term EXIT 2.29closed the BUY from $2.86 at -19.9%
2026-01-02ReboundShort term EXIT 2.89closed the BUY from Dec 30 at +2.1%
2025-12-30ReboundShort term BUY 2.83
2025-12-10TrendShort term BUY 2.86later closed
2025-10-31TrendMid term EXIT 2.60closed the BUY from $3.20 at -18.8%
2025-08-31TrendLong term EXIT 2.73closed the BUY from $2.93 at -6.8%
2025-05-09ReboundMid term EXIT 2.73closed the BUY from Feb 28 at -13.9%
2025-03-07ReboundShort term EXIT 3.16closed the BUY from Feb 21 at -6.2%

The full WIT analysis is in the QuantivFlow app

  • The bull pennant drawn on the chart, with its $2.71 target
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on WIT: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

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Questions about WIT

Is WIT in an uptrend right now?

On daily candles, yes; not on the others. The daily horizon is BUY since Oct 22, 2026. The weekly horizon is EXIT since Oct 31, 2025. The monthly horizon is EXIT since August 2025. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is WIT oversold?

No, the opposite: momentum is strong. The daily RSI (14) closed at 68.6; the classic oversold line is 30.

What chart pattern is WIT forming?

The bull pennant on the daily chart broke out on Oct 30, 2026 at $2.10, measured target 29.1% higher (about $2.71).

Where is WIT's 200-day moving average?

$2.05 at the Nov 2, 2026 close, with the stock at $2.15, 4.9% above it. The 50-day average is $1.82, 18.1% below the price.

Is WIT a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is BUY on the daily horizon, Rebound holds no dip position, Patterns sees a bull pennant that broke out with a target 29% higher. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other technology stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 2, 2026 close. Page updated Nov 3, 2026 18:09 UTC. Machine-readable version: quantivflow.com/stocks/WIT.json