Wipro Ltd. (NYSE:WIT): Stochastic Analysis


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Wipro Ltd. (NYSE:WIT) for the period of 9-Day stands at 36.14% while the stochastic %D for the same period stands at 19.36%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Wipro Ltd. (NYSE:WIT) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Wipro Ltd. (NYSE:WIT) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Wipro Ltd. (NYSE:WIT)’s 20-Day Bollinger Band indicates “Hold”.

About Company

WIPRO LTD-ADR provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level certified IT Services Company globally.

Previous Day Activity Analysis

On the last trading day, Wipro Ltd. (NYSE:WIT) opened the session at $5.07 and after going up 1.57% closed at $5.17. The stock gained 0.1 points in the last trade.

Wipro Ltd. (NYSE:WIT)’s stock fluctuated in the range of $5.03 and $5.18 during the previous active session. Wipro Ltd. (NYSE:WIT) traded with the volume of 1.87 Million with average volume of 1.52 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0.79 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.12 and 42.24 respectively.

Currently the Insider Ownership of the shares of Wipro Ltd. (NYSE:WIT) is at 79% and the shares outstanding are 4.48 Billion.

Important Ratio Analysis

Some important ratios to consider here for Wipro Ltd. (NYSE:WIT) are discussed below:

Dividend yield of Wipro Ltd. (NYSE:WIT) stands at 0.39% whereas Price to Earnings P/E ratio stands at 18.87 while Forward P/E shows the value of 18.14.

The PEG ratio (Price to Earning to Growth) emits the value of 2.36. The Price to Sale P/S and Price to Book P/B shows the value of 2.75 and 2.89 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 3.9 and 20.28 correspondingly.

The Quick Ratio of Wipro Ltd. (NYSE:WIT) stands at 2.5 while the Current Ratio depicts the value of 2.5.

Return on Assets ROA of Wipro Ltd. (NYSE:WIT) is at 10.6% whereas, Return on Equity ROE and Return of Investment ROI of Wipro Ltd. (NYSE:WIT) stand at 16.2% and 10.4% respectively.

The payout ratio of Wipro Ltd. (NYSE:WIT) stands at 5.6%.

Stock Performance Analysis

The stock performance of Wipro Ltd. (NYSE:WIT) on the basis of 5 day trade show the jump of 2.38% whereas, the monthly performance of the stock shows decrease of -5.31%.

The quarterly performance of the stock remained in red zone with the value of -15.11% while six month performance of the shares of Wipro Ltd. (NYSE:WIT) remained bullish with the count of 0.88%.

The yearly and YTD performance of Wipro Ltd. (NYSE:WIT) remained up at 12.27% and 6.82% respectively.