Uniaxial tensile tests on Ti-Ni alloy wire under cyclic loading and unloading were carried out. The influence of maximum strain, test temperature and shape memory processing temperature upon cyclic characteristics of pseudoelasticity was examined. The results obtained are summarized as follows. (1) Starting stress in stress-induced martensitic transformation decreases with the number of cycles. The rate of decrease takes almost a constast value without depending on the test temperature and maximum strain. (2) In the region of stress-induced martensitic transformation, residual strain in each cycle increases with test temperature. (3) The change of strain energy per unit volume for number of cycles becomes larger in the order, dissipated strain energy, total strain energy, and recoverable strain energy. (4) Yield stresses of stress-induced martensitic transformation and reverse transformation decrease with the shape memory processing temperature. (5) The transformation strain range at each 100th cycle takes a maximum value at a certain shape memory processing temperature. (6) Every characteristic value of pseudoelasticity varies significantly in the early cycles, but becomes stable after these cycles.