Wipro (India) Pattern Recognition Hikkake Pattern

WIPRO Stock   589.00  6.55  1.12%   
Wipro pattern recognition tool provides the execution environment for running the Hikkake Pattern recognition and other technical functions against Wipro. Wipro value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Hikkake Pattern recognition function is designed to identify and follow existing trends. Wipro momentum indicators are usually used to generate trading rules based on assumptions that Wipro trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was five with a total number of output elements of fifty-six. The function generated a total of five valid pattern recognition events for the selected time horizon. The Hikkake pattern is used for determining Wipro market turning-points and continuations.

Wipro Technical Analysis Modules

Most technical analysis of Wipro help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Wipro from various momentum indicators to cycle indicators. When you analyze Wipro charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Wipro Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wipro Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wipro Limited based on widely used predictive technical indicators. In general, we focus on analyzing Wipro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wipro's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Wipro's intrinsic value. In addition to deriving basic predictive indicators for Wipro, we also check how macroeconomic factors affect Wipro price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
587.39589.00590.61
Details
Intrinsic
Valuation
LowRealHigh
522.60524.21647.90
Details
Naive
Forecast
LowNextHigh
585.35586.95588.56
Details
Earnings
Estimates (0)
LowProjected EPSHigh
5.405.776.20
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Aroon Oscillator Now

   

Aroon Oscillator

Analyze current equity momentum using Aroon Oscillator and other momentum ratios
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
Momentum Idea
Momentum
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Business Services Idea
Business Services
Invested over 100 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Investor Favorites Idea
Investor Favorites
Invested few shares
ESG Investing Idea
ESG Investing
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares

Other Information on Investing in Wipro Stock

Wipro financial ratios help investors to determine whether Wipro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wipro with respect to the benefits of owning Wipro security.