(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 2024-03-19 View latest technical analysis
10 day averaged volume of Encore Wire is 238980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 229.71 | 228.65 | 230.25 | 224.99 | 0.477 times |
| 18 Mon Mar 2024 | 229.68 | 225.70 | 233.82 | 222.39 | 0.687 times |
| 15 Fri Mar 2024 | 225.64 | 220.03 | 228.18 | 220.03 | 3.507 times |
| 14 Thu Mar 2024 | 221.86 | 226.69 | 226.69 | 218.85 | 0.826 times |
| 13 Wed Mar 2024 | 225.54 | 220.14 | 227.47 | 218.67 | 1.355 times |
| 12 Tue Mar 2024 | 218.42 | 221.38 | 221.50 | 217.80 | 0.473 times |
| 11 Mon Mar 2024 | 220.68 | 222.50 | 222.50 | 218.25 | 0.641 times |
| 08 Fri Mar 2024 | 223.32 | 225.92 | 229.90 | 222.00 | 0.586 times |
| 07 Thu Mar 2024 | 224.63 | 221.70 | 225.02 | 218.89 | 0.697 times |
| 06 Wed Mar 2024 | 221.52 | 225.44 | 226.15 | 221.40 | 0.516 times |
My analysis of stock is bullish for shortterm, and stock might move up till 233.4 or till 241.9. Use a stoploss of 226.32 and if this stock hits its stoploss, then it can fall down till 219.24
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 | 225.97 |
| Downside Target | 228.18 |
| Upside Target | 233.82 |
| 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 | 223.46 |
| Downside Intraday Target | 217.21 |
| Upside Intraday Target | 234.89 |
| Upside Intraday Target | 240.07 |
| Downside Intraday Target | 228.64 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 229.71 | 225.70 | 233.82 | 222.39 | 0.171 times |
| 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 |
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 |
| 19 Tue Mar 2024 | 229.71 | 240.52 | 242.94 | 217.80 | 0.815 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 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 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 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.
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 red color and prices are in or above the red cloud Prices appear to be moving up
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
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 224.68 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 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 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 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.
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 red color and prices are in or above the red cloud Prices appear to be moving up
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
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 224.68 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.