(WIRE) Encore Wire complete technical analysis [charts+indicators] | Buy/Sell Encore Wire | (WIRE) share price targets
Complete technical analysis of Encore Wire (WIRE) by charts plus indicators, forecast predictions and share price targets for Encore Wire (WIRE)
Encore Wire trades in USA in Capital Goods sector.
10 day averaged volume of Encore Wire is 241450
Date | Daily Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 229.68 | 225.70 | 233.82 | 222.39 | 0.68 times |
15 Fri Mar 2024 | 225.64 | 220.03 | 228.18 | 220.03 | 3.471 times |
14 Thu Mar 2024 | 221.86 | 226.69 | 226.69 | 218.85 | 0.818 times |
13 Wed Mar 2024 | 225.54 | 220.14 | 227.47 | 218.67 | 1.341 times |
12 Tue Mar 2024 | 218.42 | 221.38 | 221.50 | 217.80 | 0.468 times |
11 Mon Mar 2024 | 220.68 | 222.50 | 222.50 | 218.25 | 0.634 times |
08 Fri Mar 2024 | 223.32 | 225.92 | 229.90 | 222.00 | 0.58 times |
07 Thu Mar 2024 | 224.63 | 221.70 | 225.02 | 218.89 | 0.69 times |
06 Wed Mar 2024 | 221.52 | 225.44 | 226.15 | 221.40 | 0.511 times |
05 Tue Mar 2024 | 221.95 | 233.41 | 235.64 | 220.47 | 0.705 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 233 as stoploss in an intra day sell trade for a target of 225.8. However, stock will show a bullish move above 233.
Share price targets for Encore Wire (WIRE)
Target Type | Value |
Downside Target | 176.59 |
Downside Target | 183.20 |
Downside Target | 205.19 |
Downside Target | 214.25 |
Downside Target | 225.97 |
Downside Target | 228.18 |
Upside Target | 233.82 |
Upside Target | 234.29 |
Upside Target | 242.66 |
Upside Target | 242.94 |
Upside Target | 250.00 |
Intraday share price targets for Encore Wire (WIRE)
Target Type | Value |
Downside Intraday Target | 223.44 |
Downside Intraday Target | 217.2 |
Upside Intraday Target | 234.87 |
Upside Intraday Target | 240.06 |
Downside Intraday Target | 228.63 |
Weekly technical analysis of Encore Wire (WIRE)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 229.68 | 225.70 | 233.82 | 222.39 | 0.101 times |
15 Fri Mar 2024 | 225.64 | 222.50 | 228.18 | 217.80 | 2.06 times |
08 Fri Mar 2024 | 223.32 | 241.13 | 242.66 | 218.89 | 0.91 times |
01 Fri Mar 2024 | 241.57 | 220.25 | 242.94 | 220.25 | 1.375 times |
23 Fri Feb 2024 | 220.41 | 223.32 | 225.97 | 214.25 | 0.626 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Encore Wire (WIRE)
Date | Monthly Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 229.68 | 240.52 | 242.94 | 217.80 | 0.783 times |
29 Thu Feb 2024 | 241.00 | 227.75 | 250.00 | 214.25 | 0.917 times |
31 Wed Jan 2024 | 225.50 | 212.47 | 234.29 | 207.00 | 0.857 times |
29 Fri Dec 2023 | 213.60 | 184.00 | 221.53 | 183.20 | 1.326 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Encore Wire (WIRE)
Price action analysis of Encore Wire ( (WIRE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Encore Wire ( (WIRE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Encore Wire ( (WIRE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Encore Wire ( (WIRE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Encore Wire stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Encore Wire in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Encore Wire Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Encore Wire in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Encore Wire is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 224.25 and Encore Wire (WIRE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Encore Wire (WIRE) stock. Volume based technical analysis of Encore Wire (WIRE) stock is negative.
Encore Wire Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Encore Wire ( (WIRE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Encore Wire ( (WIRE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Encore Wire ( (WIRE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Encore Wire ( (WIRE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Encore Wire stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Encore Wire in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Encore Wire Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Encore Wire in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Encore Wire is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 224.25 and Encore Wire (WIRE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Encore Wire (WIRE) stock. Volume based technical analysis of Encore Wire (WIRE) stock is negative.
Encore Wire Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.