(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 2024-03-06 View latest technical analysis
10 day averaged volume of Encore Wire is 165070
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 221.52 | 225.44 | 226.15 | 221.40 | 0.747 times |
| 05 Tue Mar 2024 | 221.95 | 233.41 | 235.64 | 220.47 | 1.031 times |
| 04 Mon Mar 2024 | 234.59 | 241.13 | 242.66 | 234.06 | 1.144 times |
| 01 Fri Mar 2024 | 241.57 | 240.52 | 242.94 | 237.03 | 1.105 times |
| 29 Thu Feb 2024 | 241.00 | 238.78 | 241.20 | 235.50 | 1.262 times |
| 28 Wed Feb 2024 | 235.00 | 231.41 | 236.85 | 229.96 | 0.963 times |
| 27 Tue Feb 2024 | 231.38 | 225.72 | 232.34 | 224.77 | 0.96 times |
| 26 Mon Feb 2024 | 224.53 | 220.25 | 226.78 | 220.25 | 0.962 times |
| 23 Fri Feb 2024 | 220.41 | 218.08 | 221.26 | 215.51 | 0.617 times |
| 22 Thu Feb 2024 | 216.59 | 219.15 | 222.65 | 216.09 | 0.957 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 222, but if it comes above 222, then a intra day buy could be more profitable.
If you take a sell trade below 222, then use 222 as stoploss and 211.2 as target. However if you take a buy trade in stock , then use 222 as stoploss and 230.89 as target.
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 |
| Upside 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 | 213.77 |
| Downside Intraday Target | 206.03 |
| Upside Intraday Target | 235.96 |
| Upside Intraday Target | 250.41 |
| Upside Intraday Target | 228.22 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 221.52 | 241.13 | 242.66 | 220.47 | 0.556 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 |
| 06 Wed Mar 2024 | 221.52 | 240.52 | 242.94 | 220.47 | 0.189 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 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 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 to mid 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 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 losing momentum.
MACD generated a SELL signal for Encore Wire in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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
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 229.94 and Encore Wire (WIRE) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 to mid 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 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 losing momentum.
MACD generated a SELL signal for Encore Wire in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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
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 229.94 and Encore Wire (WIRE) stock is trading below this level. This means that stock is falling with high volumes. 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.