(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 2024-03-04 View latest technical analysis
10 day averaged volume of Encore Wire is 163140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 234.59 | 241.13 | 242.66 | 234.06 | 1.158 times |
| 01 Fri Mar 2024 | 241.57 | 240.52 | 242.94 | 237.03 | 1.118 times |
| 29 Thu Feb 2024 | 241.00 | 238.78 | 241.20 | 235.50 | 1.277 times |
| 28 Wed Feb 2024 | 235.00 | 231.41 | 236.85 | 229.96 | 0.974 times |
| 27 Tue Feb 2024 | 231.38 | 225.72 | 232.34 | 224.77 | 0.972 times |
| 26 Mon Feb 2024 | 224.53 | 220.25 | 226.78 | 220.25 | 0.973 times |
| 23 Fri Feb 2024 | 220.41 | 218.08 | 221.26 | 215.51 | 0.624 times |
| 22 Thu Feb 2024 | 216.59 | 219.15 | 222.65 | 216.09 | 0.968 times |
| 21 Wed Feb 2024 | 218.47 | 217.47 | 219.39 | 214.25 | 1.011 times |
| 20 Tue Feb 2024 | 219.19 | 223.32 | 225.97 | 218.85 | 1.262 times |
My analysis of stock is bullish for shortterm, and stock might move up till 239.9 or till 250.3. Use a stoploss of 231.19 and if this stock hits its stoploss, then it can fall down till 222.51
Share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Target | 176.59 |
| Downside Target | 183.20 |
| Downside Target | 205.19 |
| Downside Target | 214.25 |
| Downside Target | 220.25 |
| Downside Target | 234.06 |
| Downside Target | 234.29 |
| Upside Target | 242.66 |
| Upside Target | 242.94 |
| Upside Target | 246.58 |
| Upside Target | 250.00 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 231.55 |
| Downside Intraday Target | 228.5 |
| Upside Intraday Target | 240.15 |
| Upside Intraday Target | 245.7 |
| Upside Intraday Target | 237.1 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 234.59 | 241.13 | 242.66 | 234.06 | 0.218 times |
| 01 Fri Mar 2024 | 241.57 | 220.25 | 242.94 | 220.25 | 1.375 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 |
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 |
| 04 Mon Mar 2024 | 234.59 | 240.52 | 242.94 | 234.06 | 0.105 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 |
| 29 Fri Dec 2023 | 213.60 | 184.00 | 221.53 | 183.20 | 1.326 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a BUY signal for Encore Wire in short term and the buy signal is strong.
Encore Wire Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.
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 228.93 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a BUY signal for Encore Wire in short term and the buy signal is strong.
Encore Wire Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.
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 228.93 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.