(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 2024-05-14 View latest technical analysis
10 day averaged volume of Encore Wire is 181340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 281.25 | 281.98 | 282.25 | 280.97 | 0.473 times |
| 13 Mon May 2024 | 280.50 | 282.50 | 282.50 | 280.50 | 1.29 times |
| 10 Fri May 2024 | 280.90 | 280.62 | 281.90 | 280.00 | 0.833 times |
| 09 Thu May 2024 | 280.36 | 281.27 | 282.23 | 279.91 | 0.758 times |
| 08 Wed May 2024 | 281.02 | 280.70 | 282.34 | 280.45 | 0.613 times |
| 07 Tue May 2024 | 281.20 | 282.00 | 282.83 | 280.10 | 0.668 times |
| 06 Mon May 2024 | 280.94 | 283.37 | 284.00 | 280.00 | 1.074 times |
| 03 Fri May 2024 | 283.04 | 282.14 | 284.63 | 280.85 | 0.937 times |
| 02 Thu May 2024 | 280.82 | 281.83 | 283.00 | 280.81 | 0.914 times |
| 01 Wed May 2024 | 281.00 | 281.29 | 284.20 | 279.77 | 1.094 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 280.4 as stoploss in an intra day buy trade for a target of 282.51. However, stock will show a bearish move below 280.4.
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 | 279.11 |
| Upside Target | 283.23 |
| 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 | 280.33 |
| Downside Intraday Target | 279.42 |
| Upside Intraday Target | 282.33 |
| Upside Intraday Target | 283.42 |
| Upside Intraday Target | 281.42 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 281.25 | 282.50 | 282.50 | 280.50 | 0.447 times |
| 10 Fri May 2024 | 280.90 | 283.37 | 284.00 | 279.91 | 0.668 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 |
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 |
| 14 Tue May 2024 | 281.25 | 281.29 | 284.63 | 279.77 | 0.146 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 in or below the green cloud Prices appear to be moving up
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 but buying is losing 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 281.08 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 in or below the green cloud Prices appear to be moving up
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 but buying is losing 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 281.08 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.