New 52 Week High Stock – Wipro Limited (WIT)

On Thursday Shares of Wipro Limited (WIT) were valued at $4.50 and moved 1.81% as of a recent closing trade. A total volume of 3.69 million shares were traded versus to average volume of 1.33 million shares.


Wipro Limited (WIT) held 5.52 billion outstanding shares currently. The company have shares float of 1.69 billion. Now have a look at past performance (weekly performance to year to date performance) how Wipro Limited (WIT) has been moved; whether it performed well or not. WIT reported a change of 0.00% over the last week and performed 6.13% over the last month while its year to date (YTD) performance revealed an activity trend of 16.96%. The stock’s quarterly performance specifies a shift of 4.17%, and its last twelve month performance is stands at 29.87% while moved 19.05% for the past six months.

Twenty-day SMA is useful at identifying swing trading trends lasting twenty days. Shorter moving average timeframes are more sensitive to price fluctuations and can pick up on trend changes more quickly than longer-term moving averages. However, these more frequent signals may also result in more “whipsaws”, resulting in erroneous trade signals. WIT recently closed with rise of 0.94% to its twenty-Day SMA. This short time frame picture represents an upward movement of current price over average price of last twenty days.

52 week High and Low

Wipro Limited (WIT) shares have been seen trading -2.17% off its 52 week- peak value and changed 33.33% from its 52 week-bottom price value. The “percentage off the 52-week high or low” refers to when a stock current price is relative to where it has traded over the last 52 weeks. This gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range.

Relative Strength Index (RSI)

Wipro Limited (WIT)’s Relative Strength Index (RSI) is 57.75. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. Average True Range (14) for Wipro Limited (WIT) is stands at 0.09. ATR is a volatility indicator. Volatility measures the strength of the price action, and is often overlooked for clues on market direction.

Over the past week, the company showed volatility of 1.78%. Moving out to look at the previous month volatility move, the stock is at 1.81%.

Beta measures volatility or systematic risk, of a stock or a portfolio in comparison to the market as a whole. 1 shows stock moves with market. < 1 means less volatile than market. > 1 indicates more volatile than the market. The stock’s beta is 0.56.

Mack Mortenson

Mack covers Financial Sector of Before pursuing a financial and journalism career, he graduated from University of Georgia with a degree in Economic and Mathematics.

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