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(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 2021-07-16 View latest technical analysis

10 day averaged volume of Encore Wire is 139380

Date Daily Closing Price Open High Low Volume
16 Fri Jul 2021 68.49 70.13 70.39 68.41 0.54 times
15 Thu Jul 2021 69.68 68.25 70.00 68.09 0.712 times
14 Wed Jul 2021 69.12 70.51 70.52 68.83 0.877 times
13 Tue Jul 2021 70.19 72.30 72.30 70.08 0.626 times
12 Mon Jul 2021 72.01 72.43 73.52 71.57 0.482 times
09 Fri Jul 2021 72.82 71.61 73.20 70.90 0.804 times
08 Thu Jul 2021 70.48 71.00 72.05 70.25 1.09 times
07 Wed Jul 2021 72.52 72.79 73.55 71.10 2.18 times
06 Tue Jul 2021 73.00 75.09 75.09 72.79 2.335 times
02 Fri Jul 2021 75.25 76.34 76.34 74.54 0.446 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 67.4, for a target of 70.9 or 73.9

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 66.55
Downside Intraday Target 64.6
Upside Intraday Target 71.98
Upside Intraday Target 75.46
Upside Intraday Target 70.03

Weekly technical analysis of Encore Wire (WIRE)

Date Weekly Closing Price Open High Low Volume
16 Fri Jul 2021 68.49 72.43 73.52 68.09 0.505 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
16 Fri Jul 2021 68.49 76.09 76.79 68.09 0.731 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 10, 34, 53 Sell
MACD -4, -3Sell
Stochastics 9Sell
CCI -100Sell
RSI 44Sell
OBV -1332500Sell
VWAP 72Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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 losing 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 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 coming down

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 but selling 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 71.67 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

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Daily chart

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