(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 574460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 279.36 | 283.82 | 284.60 | 279.11 | 0.574 times |
| 29 Mon Apr 2024 | 283.03 | 285.15 | 286.30 | 283.00 | 0.363 times |
| 26 Fri Apr 2024 | 284.89 | 284.06 | 287.40 | 284.02 | 0.502 times |
| 25 Thu Apr 2024 | 284.06 | 282.68 | 285.78 | 281.71 | 0.406 times |
| 24 Wed Apr 2024 | 282.41 | 284.80 | 287.00 | 282.41 | 0.863 times |
| 23 Tue Apr 2024 | 283.60 | 284.89 | 286.13 | 283.25 | 0.591 times |
| 22 Mon Apr 2024 | 283.09 | 286.71 | 288.49 | 283.09 | 0.943 times |
| 19 Fri Apr 2024 | 284.40 | 285.17 | 288.00 | 283.23 | 1.086 times |
| 18 Thu Apr 2024 | 287.00 | 287.74 | 289.09 | 284.99 | 1.503 times |
| 17 Wed Apr 2024 | 287.23 | 289.88 | 290.00 | 286.33 | 1.671 times |
My analysis of stock is bullish for shortterm, and stock might move up till 287.5 or till 300.6. Use a stoploss of 276.5 and if this stock hits its stoploss, then it can fall down till 265.53
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 | 250.00 |
| Downside Target | 257.20 |
| Downside Target | 264.01 |
| Downside Target | 271.36 |
| Downside Target | 279.11 |
| Upside Target | 283.23 |
| Upside Target | 286.30 |
| Upside Target | 288.49 |
| Upside Target | 295.90 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 276.88 |
| Downside Intraday Target | 274.4 |
| Upside Intraday Target | 284.07 |
| Upside Intraday Target | 288.78 |
| Upside Intraday Target | 281.59 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 279.36 | 285.15 | 286.30 | 279.11 | 0.283 times |
| 26 Fri Apr 2024 | 284.89 | 286.71 | 288.49 | 281.71 | 0.282 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 |
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 |
| 30 Tue Apr 2024 | 279.36 | 263.99 | 295.90 | 250.99 | 2.703 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Encore Wire ( (WIRE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Encore Wire ( (WIRE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Encore Wire in short term but the sell signal is initial and weak.
Encore Wire Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 284.63 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 has given negative 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Encore Wire ( (WIRE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Encore Wire ( (WIRE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Encore Wire in short term but the sell signal is initial and weak.
Encore Wire Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 284.63 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 has given negative 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.