(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 2024-04-11 View latest technical analysis
10 day averaged volume of Encore Wire is 173080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 260.45 | 257.88 | 261.32 | 254.87 | 0.638 times |
| 10 Wed Apr 2024 | 258.30 | 256.39 | 259.78 | 250.99 | 0.746 times |
| 09 Tue Apr 2024 | 261.11 | 268.88 | 269.69 | 260.51 | 0.909 times |
| 08 Mon Apr 2024 | 269.27 | 271.90 | 271.90 | 268.48 | 0.651 times |
| 05 Fri Apr 2024 | 268.65 | 264.67 | 271.09 | 264.11 | 1.001 times |
| 04 Thu Apr 2024 | 263.95 | 269.34 | 271.36 | 263.57 | 1.155 times |
| 03 Wed Apr 2024 | 267.30 | 262.42 | 269.06 | 257.20 | 0.885 times |
| 02 Tue Apr 2024 | 262.42 | 263.90 | 263.90 | 257.62 | 1.254 times |
| 01 Mon Apr 2024 | 267.40 | 263.99 | 267.64 | 261.49 | 1.159 times |
| 28 Thu Mar 2024 | 262.78 | 254.82 | 264.01 | 253.94 | 1.276 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 266.4 as stoploss in an intra day sell trade for a target of 251.42. However, stock will show a bullish move above 266.4.
Share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Target | 183.20 |
| Downside Target | 207.00 |
| Downside Target | 214.25 |
| Downside Target | 228.18 |
| Downside Target | 234.29 |
| Downside Target | 242.59 |
| Downside Target | 249.28 |
| Downside Target | 257.20 |
| Upside Target | 264.01 |
| Upside Target | 271.36 |
| Upside Target | 271.90 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 250.33 |
| Downside Intraday Target | 240.2 |
| Upside Intraday Target | 271.24 |
| Upside Intraday Target | 282.02 |
| Upside Intraday Target | 261.11 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 260.45 | 271.90 | 271.90 | 250.99 | 0.54 times |
| 05 Fri Apr 2024 | 268.65 | 263.99 | 271.36 | 257.20 | 1.324 times |
| 28 Thu Mar 2024 | 262.78 | 247.52 | 264.01 | 242.59 | 1.06 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 |
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 |
| 11 Thu Apr 2024 | 260.45 | 263.99 | 271.90 | 250.99 | 0.365 times |
| 28 Thu Mar 2024 | 262.78 | 240.52 | 264.01 | 217.80 | 1.129 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 |
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 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 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 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 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.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Encore Wire in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 264.23 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 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 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 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 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.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Encore Wire in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 264.23 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.