(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 2024-05-21 View latest technical analysis
10 day averaged volume of Encore Wire is 198355
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 279.31 | 279.65 | 281.49 | 279.00 | 1.473 times |
| 20 Mon May 2024 | 280.50 | 281.13 | 281.40 | 277.24 | 2.106 times |
| 17 Fri May 2024 | 280.57 | 282.69 | 282.69 | 280.05 | 1.285 times |
| 16 Thu May 2024 | 282.00 | 282.03 | 282.69 | 280.85 | 1.058 times |
| 15 Wed May 2024 | 282.00 | 281.60 | 283.00 | 281.25 | 1.312 times |
| 14 Tue May 2024 | 281.25 | 281.98 | 282.25 | 280.97 | 0.433 times |
| 13 Mon May 2024 | 280.50 | 282.50 | 282.50 | 280.50 | 1.18 times |
| 10 Fri May 2024 | 280.90 | 280.62 | 281.90 | 280.00 | 0.762 times |
| 09 Thu May 2024 | 280.36 | 281.27 | 282.23 | 279.91 | 0.693 times |
| 08 Wed May 2024 | 281.02 | 280.70 | 282.34 | 280.45 | 0.561 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 280.1, but if it comes above 280.1, then a intra day buy could be more profitable.
If you take a sell trade below 280.1, then use 280.1 as stoploss and 278.4 as target. However if you take a buy trade in stock , then use 280.1 as stoploss and 281.46 as target.
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 | 277.24 |
| Upside Target | 281.71 |
| Upside Target | 283.00 |
| 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 | 277.2 |
| Downside Intraday Target | 275.1 |
| Upside Intraday Target | 281.45 |
| Upside Intraday Target | 283.6 |
| Upside Intraday Target | 279.35 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 279.31 | 281.13 | 281.49 | 277.24 | 0.679 times |
| 17 Fri May 2024 | 280.57 | 282.50 | 283.00 | 280.05 | 1.46 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 |
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 |
| 21 Tue May 2024 | 279.31 | 281.29 | 284.63 | 277.24 | 0.279 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 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 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 SELL. 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 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 in or below the green cloud Prices appear to be coming down
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 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 280.75 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 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 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 SELL. 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 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 in or below the green cloud Prices appear to be coming down
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 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 280.75 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.