[moreButton]
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2021-07-15 View latest technical analysis

10 day averaged volume of Encore Wire is 136700

Date Daily Closing Price Open High Low Volume
15 Thu Jul 2021 69.68 68.25 70.00 68.09 0.726 times
14 Wed Jul 2021 69.12 70.51 70.52 68.83 0.895 times
13 Tue Jul 2021 70.19 72.30 72.30 70.08 0.639 times
12 Mon Jul 2021 72.01 72.43 73.52 71.57 0.492 times
09 Fri Jul 2021 72.82 71.61 73.20 70.90 0.819 times
08 Thu Jul 2021 70.48 71.00 72.05 70.25 1.111 times
07 Wed Jul 2021 72.52 72.79 73.55 71.10 2.223 times
06 Tue Jul 2021 73.00 75.09 75.09 72.79 2.381 times
02 Fri Jul 2021 75.25 76.34 76.34 74.54 0.455 times
02 Fri Jul 2021 75.25 76.34 76.34 74.54 0.455 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 71.5, but if it comes above 71.5, then a intra day buy could be more profitable.
If you take a sell trade below 71.5, then use 71.5 as stoploss and 68.3 as target. However if you take a buy trade in stock , then use 71.5 as stoploss and 74.2 as target.

Share price targets for Encore Wire (WIRE)

Target Type Value
Downside Target 65.09
Downside Target 66.63
Downside Target 68.09
Upside Target 70.25
Upside Target 73.30
Upside Target 76.34
Upside Target 76.79
Upside Target 77.00
Upside Target 78.27
Upside Target 79.01
Upside Target 83.25
Upside Target 84.01

Intraday share price targets for Encore Wire (WIRE)

Target Type Value
Downside Intraday Target 67.34
Downside Intraday Target 65
Upside Intraday Target 72.77
Upside Intraday Target 75.86
Upside Intraday Target 70.43

Weekly technical analysis of Encore Wire (WIRE)

Date Weekly Closing Price Open High Low Volume
15 Thu Jul 2021 69.68 72.43 73.52 68.09 0.421 times
09 Fri Jul 2021 72.82 75.09 75.09 70.25 14.362 times
02 Fri Jul 2021 75.25 76.34 76.34 74.54 0.153 times
02 Fri Jul 2021 75.25 77.89 79.01 74.54 0.727 times
25 Fri Jun 2021 77.25 75.00 78.27 74.85 1.001 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
15 Thu Jul 2021 69.68 76.09 76.79 68.09 0.695 times
30 Wed Jun 2021 75.79 82.92 84.01 74.13 0.993 times
28 Fri May 2021 82.20 75.47 83.25 75.29 0.983 times
30 Fri Apr 2021 74.68 67.68 77.00 66.63 0.761 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)

Indicator Name Indicator Value Indicator Signal
ADX 9, 38, 60 Sell
MACD -4, -3Sell
Stochastics 8Sell
CCI -119Sell
RSI 44Sell
OBV -1394600Sell
VWAP 72Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Encore Wire stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Encore Wire in short term and the sell signal is strong.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Encore Wire in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 72.01 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme