(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 738090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 283.09 | 286.71 | 288.49 | 283.09 | 0.734 times |
| 19 Fri Apr 2024 | 284.40 | 285.17 | 288.00 | 283.23 | 0.845 times |
| 18 Thu Apr 2024 | 287.00 | 287.74 | 289.09 | 284.99 | 1.17 times |
| 17 Wed Apr 2024 | 287.23 | 289.88 | 290.00 | 286.33 | 1.301 times |
| 16 Tue Apr 2024 | 289.70 | 290.00 | 290.62 | 288.38 | 1.612 times |
| 15 Mon Apr 2024 | 291.23 | 288.96 | 295.90 | 287.99 | 4.198 times |
| 12 Fri Apr 2024 | 260.98 | 259.40 | 261.34 | 256.73 | 0.184 times |
| 11 Thu Apr 2024 | 260.45 | 257.88 | 261.32 | 254.87 | 0.15 times |
| 10 Wed Apr 2024 | 258.30 | 256.39 | 259.78 | 250.99 | 0.175 times |
| 09 Tue Apr 2024 | 261.11 | 268.88 | 269.69 | 260.51 | 0.213 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 282.2, but if it comes below 282.2, then a intra day sell could be more profitable.
If you take a sell trade below 282.2, then use 282.2 as stoploss and 268.63 as target. However if you take a buy trade in stock , then use 282.2 as stoploss and 298.4 as target.
Share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Target | 183.20 |
| Downside Target | 207.00 |
| Downside Target | 214.25 |
| Downside Target | 234.29 |
| Downside Target | 242.59 |
| Downside Target | 250.00 |
| Downside Target | 257.20 |
| Downside Target | 264.01 |
| Downside Target | 271.36 |
| Downside Target | 283.09 |
| Upside Target | 283.23 |
| Upside Target | 288.49 |
| Upside Target | 295.90 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 281.29 |
| Downside Intraday Target | 279.49 |
| Upside Intraday Target | 286.69 |
| Upside Intraday Target | 290.29 |
| Upside Intraday Target | 284.89 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 283.09 | 286.71 | 288.49 | 283.09 | 0.08 times |
| 19 Fri Apr 2024 | 284.40 | 288.96 | 295.90 | 283.23 | 10.434 times |
| 12 Fri Apr 2024 | 260.98 | 271.90 | 271.90 | 250.99 | 0.684 times |
| 05 Fri Apr 2024 | 268.65 | 263.99 | 271.36 | 257.20 | 1.324 times |
| 28 Thu Mar 2024 | 262.78 | 247.52 | 264.01 | 242.59 | 1.06 times |
Price has moved down 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 |
| 22 Mon Apr 2024 | 283.09 | 263.99 | 295.90 | 250.99 | 2.227 times |
| 28 Thu Mar 2024 | 262.78 | 240.52 | 264.01 | 217.80 | 1.129 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Encore Wire in short term and the buy signal is strong.
Encore Wire Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Encore Wire in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Encore Wire is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 286.81 and Encore Wire (WIRE) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Encore Wire in short term and the buy signal is strong.
Encore Wire Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Encore Wire in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Encore Wire is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 286.81 and Encore Wire (WIRE) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.