(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 2024-03-25 View latest technical analysis
10 day averaged volume of Encore Wire is 229790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 245.03 | 247.52 | 247.95 | 242.59 | 0.638 times |
| 22 Fri Mar 2024 | 246.65 | 247.91 | 248.09 | 244.40 | 0.492 times |
| 21 Thu Mar 2024 | 248.63 | 240.73 | 249.28 | 240.73 | 0.721 times |
| 20 Wed Mar 2024 | 237.35 | 230.26 | 238.38 | 229.71 | 0.502 times |
| 19 Tue Mar 2024 | 229.71 | 228.65 | 230.25 | 224.99 | 0.496 times |
| 18 Mon Mar 2024 | 229.68 | 225.70 | 233.82 | 222.39 | 0.715 times |
| 15 Fri Mar 2024 | 225.64 | 220.03 | 228.18 | 220.03 | 3.647 times |
| 14 Thu Mar 2024 | 221.86 | 226.69 | 226.69 | 218.85 | 0.859 times |
| 13 Wed Mar 2024 | 225.54 | 220.14 | 227.47 | 218.67 | 1.409 times |
| 12 Tue Mar 2024 | 218.42 | 221.38 | 221.50 | 217.80 | 0.492 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 240.5, but if it comes below 240.5, then a intra day sell could be more profitable.
If you take a sell trade below 240.5, then use 240.5 as stoploss and 231.21 as target. However if you take a buy trade in stock , then use 240.5 as stoploss and 251.6 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 | 228.18 |
| Downside Target | 234.29 |
| Downside Target | 242.59 |
| Downside Target | 242.66 |
| Downside Target | 242.94 |
| Upside Target | 247.95 |
| Upside Target | 249.28 |
| Upside Target | 250.00 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 242.43 |
| Downside Intraday Target | 239.83 |
| Upside Intraday Target | 247.79 |
| Upside Intraday Target | 250.55 |
| Upside Intraday Target | 245.19 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 245.03 | 247.52 | 247.95 | 242.59 | 0.218 times |
| 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 |
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 |
| 25 Mon Mar 2024 | 245.03 | 240.52 | 249.28 | 217.80 | 0.969 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 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 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 tired and bears are picking up momentum.
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 BUY signal in short term and the buying is gaining 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 229.97 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 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 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 tired and bears are picking up momentum.
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 BUY signal in short term and the buying is gaining 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 229.97 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.