(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 2024-03-15 View latest technical analysis
10 day averaged volume of Encore Wire is 175880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 225.64 | 220.03 | 228.18 | 220.03 | 4.765 times |
| 14 Thu Mar 2024 | 221.86 | 226.69 | 226.69 | 218.85 | 1.123 times |
| 13 Wed Mar 2024 | 225.54 | 220.14 | 227.47 | 218.67 | 1.84 times |
| 12 Tue Mar 2024 | 218.42 | 221.38 | 221.50 | 217.80 | 0.643 times |
| 11 Mon Mar 2024 | 220.68 | 222.50 | 222.50 | 218.25 | 0.87 times |
| 08 Fri Mar 2024 | 223.32 | 225.92 | 229.90 | 222.00 | 0.796 times |
| 07 Thu Mar 2024 | 224.63 | 221.70 | 225.02 | 218.89 | 0.947 times |
| 06 Wed Mar 2024 | 221.52 | 225.44 | 226.15 | 221.40 | 0.701 times |
| 05 Tue Mar 2024 | 221.95 | 233.41 | 235.64 | 220.47 | 0.968 times |
| 04 Mon Mar 2024 | 234.59 | 241.13 | 242.66 | 234.06 | 1.074 times |
Stock of Encore Wire (WIRE) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 218.5 or till 209.9. Use a stoploss of 225.67 and if the stock hits stoploss, then it can shoot up till 232.83
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 |
| Upside Target | 225.97 |
| Upside Target | 228.18 |
| Upside Target | 234.29 |
| Upside Target | 242.66 |
| Upside Target | 242.94 |
| Upside Target | 250.00 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 219.57 |
| Downside Intraday Target | 213.49 |
| Upside Intraday Target | 229.95 |
| Upside Intraday Target | 234.25 |
| Downside Intraday Target | 223.87 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 225.64 | 222.50 | 228.18 | 217.80 | 2.06 times |
| 08 Fri Mar 2024 | 223.32 | 241.13 | 242.66 | 218.89 | 0.91 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Encore Wire (WIRE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 225.64 | 240.52 | 242.94 | 217.80 | 0.737 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Encore Wire ( (WIRE) ) based on a short 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 below the red 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 224.69 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 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.
Price action analysis of Encore Wire ( (WIRE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Encore Wire ( (WIRE) ) based on a short 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 below the red 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 224.69 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 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.