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(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.

10 day averaged volume of Encore Wire is 99770

Date Daily Closing Price Open High Low Volume
23 Fri Jul 2021 69.70 68.41 69.73 67.59 0.828 times
22 Thu Jul 2021 68.10 68.52 69.16 66.05 0.756 times
21 Wed Jul 2021 69.24 69.06 69.78 68.25 0.701 times
20 Tue Jul 2021 68.40 67.14 69.31 67.12 1.596 times
19 Mon Jul 2021 67.07 67.45 67.78 65.98 1.301 times
16 Fri Jul 2021 68.49 70.13 70.39 68.41 0.755 times
15 Thu Jul 2021 69.68 68.25 70.00 68.09 0.995 times
14 Wed Jul 2021 69.12 70.51 70.52 68.83 1.226 times
13 Tue Jul 2021 70.19 72.30 72.30 70.08 0.875 times
12 Mon Jul 2021 72.01 72.43 73.52 71.57 0.674 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 68.8 as stoploss in an intra day buy trade for a target of 71.73. However, stock will show a bearish move below 68.8.

Share price targets for Encore Wire (WIRE)

Target Type Value
Downside Target 65.09
Downside Target 68.09
Upside Target 69.78
Upside Target 73.30
Upside Target 75.09
Upside Target 75.29
Upside Target 76.34
Upside Target 76.79
Upside Target 77.00
Upside Target 79.01
Upside Target 83.25
Upside Target 84.01

Intraday share price targets for Encore Wire (WIRE)

Target Type Value
Downside Intraday Target 67.19
Downside Intraday Target 64.69
Upside Intraday Target 70.99
Upside Intraday Target 72.29
Downside Intraday Target 68.49

Weekly technical analysis of Encore Wire (WIRE)

Date Weekly Closing Price Open High Low Volume
23 Fri Jul 2021 69.70 67.45 69.78 65.98 1.145 times
16 Fri Jul 2021 68.49 72.43 73.52 68.09 0.505 times
09 Fri Jul 2021 72.82 75.09 75.09 70.25 14.362 times
02 Fri Jul 2021 75.25 76.34 76.34 74.54 0.153 times
02 Fri Jul 2021 75.25 77.89 79.01 74.54 0.727 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
23 Fri Jul 2021 69.70 76.09 76.79 65.98 0.976 times
30 Wed Jun 2021 75.79 82.92 84.01 74.13 0.993 times
28 Fri May 2021 82.20 75.47 83.25 75.29 0.983 times
30 Fri Apr 2021 74.68 67.68 77.00 66.63 0.761 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)

Indicator Name Indicator Value Indicator Signal
ADX 16, 35, 38 Sell
MACD -4, -4Sell
Stochastics 40None
CCI -14Buy
RSI 46Sell
OBV -1151200Sell
VWAP 69Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Encore Wire stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Encore Wire in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!

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 buy signal for Encore Wire in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 69.01 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.

Daily charts

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Daily chart
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