(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 2024-06-03 View latest technical analysis
10 day averaged volume of Encore Wire is 362718
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 288.55 | 289.00 | 289.00 | 288.40 | 0.941 times |
| 31 Fri May 2024 | 288.73 | 288.53 | 289.35 | 288.40 | 0.925 times |
| 30 Thu May 2024 | 288.52 | 288.35 | 288.90 | 288.30 | 1.138 times |
| 29 Wed May 2024 | 288.35 | 288.00 | 288.53 | 288.00 | 1.891 times |
| 28 Tue May 2024 | 277.87 | 279.15 | 281.60 | 276.85 | 0.987 times |
| 23 Thu May 2024 | 276.94 | 277.55 | 279.98 | 276.68 | 0.829 times |
| 22 Wed May 2024 | 277.14 | 279.51 | 279.91 | 276.00 | 0.993 times |
| 21 Tue May 2024 | 279.31 | 279.65 | 281.49 | 279.00 | 0.805 times |
| 20 Mon May 2024 | 280.50 | 281.13 | 281.40 | 277.24 | 1.152 times |
| 17 Fri May 2024 | 280.57 | 282.69 | 282.69 | 280.05 | 0.703 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 289.9, for a target of 285.6 or 281.98
Share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Target | 214.25 |
| Downside Target | 250.00 |
| Downside Target | 264.01 |
| Downside Target | 276.00 |
| Downside Target | 284.00 |
| Downside Target | 288.40 |
| Upside Target | 289.00 |
| Upside Target | 289.35 |
| Upside Target | 295.90 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 288.3 |
| Downside Intraday Target | 288.05 |
| Upside Intraday Target | 288.9 |
| Upside Intraday Target | 289.25 |
| Upside Intraday Target | 288.65 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 288.55 | 289.00 | 289.00 | 288.40 | 0.19 times |
| 31 Fri May 2024 | 288.73 | 279.15 | 289.35 | 276.85 | 1.307 times |
| 23 Thu May 2024 | 276.94 | 281.13 | 281.49 | 276.00 | 1.312 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 |
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 |
| 03 Mon Jun 2024 | 288.55 | 289.00 | 289.00 | 288.40 | 0.063 times |
| 31 Fri May 2024 | 288.73 | 281.29 | 289.35 | 276.00 | 0.507 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 |
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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Encore Wire in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Encore Wire Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL 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
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 283.33 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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Encore Wire in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Encore Wire Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL 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
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 283.33 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.