(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 2024-05-06 View latest technical analysis
10 day averaged volume of Encore Wire is 297120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 280.94 | 283.37 | 284.00 | 280.00 | 0.655 times |
| 03 Fri May 2024 | 283.04 | 282.14 | 284.63 | 280.85 | 0.572 times |
| 02 Thu May 2024 | 280.82 | 281.83 | 283.00 | 280.81 | 0.558 times |
| 01 Wed May 2024 | 281.00 | 281.29 | 284.20 | 279.77 | 0.668 times |
| 30 Tue Apr 2024 | 279.36 | 283.82 | 284.60 | 279.11 | 1.109 times |
| 29 Mon Apr 2024 | 283.03 | 285.15 | 286.30 | 283.00 | 0.701 times |
| 26 Fri Apr 2024 | 284.89 | 284.06 | 287.40 | 284.02 | 0.971 times |
| 25 Thu Apr 2024 | 284.06 | 282.68 | 285.78 | 281.71 | 0.786 times |
| 24 Wed Apr 2024 | 282.41 | 284.80 | 287.00 | 282.41 | 1.668 times |
| 23 Tue Apr 2024 | 283.60 | 284.89 | 286.13 | 283.25 | 1.143 times |
My analysis of stock is bullish for shortterm, and stock might move up till 289.3 or till 301.3. Use a stoploss of 279.33 and if this stock hits its stoploss, then it can fall down till 269.35
Share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Target | 207.00 |
| Downside Target | 214.25 |
| Downside Target | 234.29 |
| Downside Target | 250.00 |
| Downside Target | 264.01 |
| Downside Target | 271.90 |
| Downside Target | 279.11 |
| Upside Target | 284.00 |
| Upside Target | 284.63 |
| Upside Target | 286.30 |
| Upside Target | 288.49 |
| Upside Target | 295.90 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 279.29 |
| Downside Intraday Target | 277.65 |
| Upside Intraday Target | 283.29 |
| Upside Intraday Target | 285.65 |
| Upside Intraday Target | 281.65 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 280.94 | 283.37 | 284.00 | 280.00 | 0.182 times |
| 03 Fri May 2024 | 283.04 | 285.15 | 286.30 | 279.11 | 0.564 times |
| 26 Fri Apr 2024 | 284.89 | 286.71 | 288.49 | 281.71 | 0.282 times |
| 19 Fri Apr 2024 | 284.40 | 288.96 | 295.90 | 283.23 | 10.434 times |
| 12 Fri Apr 2024 | 260.98 | 271.90 | 271.90 | 250.99 | 0.684 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 |
| 06 Mon May 2024 | 280.94 | 281.29 | 284.63 | 279.77 | 0.068 times |
| 30 Tue Apr 2024 | 279.36 | 263.99 | 295.90 | 250.99 | 2.703 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 losing momentum.
MACD generated a SELL signal for Encore Wire in short term but the sell signal is initial and weak.
Encore Wire Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL 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
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 282.37 and Encore Wire (WIRE) stock is trading below this level. This means that stock is falling with high volumes. 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 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 neutral. A longer time frame might give a better analysis.
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 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 losing momentum.
MACD generated a SELL signal for Encore Wire in short term but the sell signal is initial and weak.
Encore Wire Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL 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
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 282.37 and Encore Wire (WIRE) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.