(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 2024-02-29 View latest technical analysis
10 day averaged volume of Encore Wire is 175000
Date | Daily Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 241.00 | 238.78 | 241.20 | 235.50 | 1.19 times |
28 Wed Feb 2024 | 235.00 | 231.41 | 236.85 | 229.96 | 0.908 times |
27 Tue Feb 2024 | 231.38 | 225.72 | 232.34 | 224.77 | 0.906 times |
26 Mon Feb 2024 | 224.53 | 220.25 | 226.78 | 220.25 | 0.907 times |
23 Fri Feb 2024 | 220.41 | 218.08 | 221.26 | 215.51 | 0.582 times |
22 Thu Feb 2024 | 216.59 | 219.15 | 222.65 | 216.09 | 0.902 times |
21 Wed Feb 2024 | 218.47 | 217.47 | 219.39 | 214.25 | 0.943 times |
20 Tue Feb 2024 | 219.19 | 223.32 | 225.97 | 218.85 | 1.177 times |
16 Fri Feb 2024 | 227.17 | 236.88 | 236.93 | 226.75 | 0.765 times |
15 Thu Feb 2024 | 238.15 | 234.16 | 238.50 | 229.00 | 1.187 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 238.8, but if it comes below 238.8, then a intra day sell could be more profitable.
If you take a sell trade below 238.8, then use 238.8 as stoploss and 230.54 as target. However if you take a buy trade in stock , then use 238.8 as stoploss and 248.8 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 | 214.25 |
Downside Target | 218.86 |
Downside Target | 234.29 |
Upside Target | 241.20 |
Upside Target | 246.58 |
Upside Target | 250.00 |
Intraday share price targets for Encore Wire (WIRE)
Target Type | Value |
Downside Intraday Target | 227.1 |
Downside Intraday Target | 213.2 |
Upside Intraday Target | 248.05 |
Upside Intraday Target | 255.1 |
Downside Intraday Target | 234.15 |
Weekly technical analysis of Encore Wire (WIRE)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 241.00 | 220.25 | 241.20 | 220.25 | 1.085 times |
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 |
Price has moved up 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 |
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 |
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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Encore Wire ( (WIRE) ) based on a short 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.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Encore Wire in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Encore Wire Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Encore Wire in short term and BUY signal is strong.
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
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 227.9 and Encore Wire (WIRE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Encore Wire ( (WIRE) ) based on a short 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.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Encore Wire in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Encore Wire Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Encore Wire in short term and BUY signal is strong.
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
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 227.9 and Encore Wire (WIRE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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.