(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 2024-03-22 View latest technical analysis
10 day averaged volume of Encore Wire is 232480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 246.65 | 247.91 | 248.09 | 244.40 | 0.486 times |
| 21 Thu Mar 2024 | 248.63 | 240.73 | 249.28 | 240.73 | 0.713 times |
| 20 Wed Mar 2024 | 237.35 | 230.26 | 238.38 | 229.71 | 0.496 times |
| 19 Tue Mar 2024 | 229.71 | 228.65 | 230.25 | 224.99 | 0.49 times |
| 18 Mon Mar 2024 | 229.68 | 225.70 | 233.82 | 222.39 | 0.706 times |
| 15 Fri Mar 2024 | 225.64 | 220.03 | 228.18 | 220.03 | 3.605 times |
| 14 Thu Mar 2024 | 221.86 | 226.69 | 226.69 | 218.85 | 0.85 times |
| 13 Wed Mar 2024 | 225.54 | 220.14 | 227.47 | 218.67 | 1.392 times |
| 12 Tue Mar 2024 | 218.42 | 221.38 | 221.50 | 217.80 | 0.486 times |
| 11 Mon Mar 2024 | 220.68 | 222.50 | 222.50 | 218.25 | 0.659 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 249.5, for a target of 239 or 230.18
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 |
| Downside Target | 234.29 |
| Downside Target | 242.66 |
| Downside Target | 242.94 |
| Upside Target | 249.28 |
| Upside Target | 250.00 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 229.6 |
| Downside Intraday Target | 212.55 |
| Upside Intraday Target | 256.49 |
| Upside Intraday Target | 266.33 |
| Downside Intraday Target | 239.44 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 246.65 | 225.70 | 249.28 | 222.39 | 0.414 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 |
| 22 Fri Mar 2024 | 246.65 | 240.52 | 249.28 | 217.80 | 0.927 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 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 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 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 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 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
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 228.39 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 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 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 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 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
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 228.39 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.