(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 2024-02-23 View latest technical analysis
10 day averaged volume of Encore Wire is 210050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 220.41 | 218.08 | 221.26 | 215.51 | 0.485 times |
| 22 Thu Feb 2024 | 216.59 | 219.15 | 222.65 | 216.09 | 0.752 times |
| 21 Wed Feb 2024 | 218.47 | 217.47 | 219.39 | 214.25 | 0.786 times |
| 20 Tue Feb 2024 | 219.19 | 223.32 | 225.97 | 218.85 | 0.98 times |
| 16 Fri Feb 2024 | 227.17 | 236.88 | 236.93 | 226.75 | 0.637 times |
| 15 Thu Feb 2024 | 238.15 | 234.16 | 238.50 | 229.00 | 0.989 times |
| 14 Wed Feb 2024 | 232.53 | 245.00 | 250.00 | 231.83 | 1.436 times |
| 13 Tue Feb 2024 | 236.34 | 238.62 | 239.72 | 232.35 | 1.101 times |
| 12 Mon Feb 2024 | 245.68 | 244.31 | 246.75 | 242.25 | 0.632 times |
| 09 Fri Feb 2024 | 244.31 | 238.99 | 246.58 | 237.37 | 1.873 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 220.5, but if it comes above 220.5, then a intra day buy could be more profitable.
If you take a sell trade below 220.5, then use 220.5 as stoploss and 210.6 as target. However if you take a buy trade in stock , then use 220.5 as stoploss and 228.8 as target.
Share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Target | 166.17 |
| Downside Target | 176.59 |
| Downside Target | 183.20 |
| Downside Target | 192.48 |
| Downside Target | 205.19 |
| Downside Target | 213.08 |
| Downside Target | 218.86 |
| Upside Target | 226.75 |
| Upside Target | 234.29 |
| Upside Target | 246.58 |
| Upside Target | 250.00 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 214.45 |
| Downside Intraday Target | 208.49 |
| Upside Intraday Target | 226.17 |
| Upside Intraday Target | 231.93 |
| Downside Intraday Target | 220.21 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 220.41 | 223.32 | 225.97 | 214.25 | 0.626 times |
| 16 Fri Feb 2024 | 227.17 | 244.31 | 250.00 | 226.75 | 1.108 times |
| 09 Fri Feb 2024 | 244.31 | 229.37 | 246.58 | 221.74 | 1.065 times |
| 02 Fri Feb 2024 | 231.74 | 221.67 | 234.29 | 218.86 | 1.199 times |
| 26 Fri Jan 2024 | 220.83 | 213.39 | 223.18 | 213.08 | 1.154 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 |
| 23 Fri Feb 2024 | 220.41 | 227.75 | 250.00 | 214.25 | 0.739 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 |
| 30 Thu Nov 2023 | 184.30 | 178.35 | 205.19 | 176.59 | 0.649 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Encore Wire in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 231.99 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Encore Wire in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 231.99 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.