(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 2024-06-27 View latest technical analysis
10 day averaged volume of Encore Wire is 590600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 289.75 | 289.87 | 289.88 | 289.65 | 0.875 times |
| 26 Wed Jun 2024 | 289.62 | 289.64 | 289.78 | 289.55 | 1.218 times |
| 25 Tue Jun 2024 | 289.64 | 289.62 | 289.72 | 289.56 | 0.989 times |
| 24 Mon Jun 2024 | 289.58 | 289.50 | 289.70 | 289.41 | 0.909 times |
| 21 Fri Jun 2024 | 289.40 | 289.48 | 289.60 | 289.21 | 2.113 times |
| 20 Thu Jun 2024 | 289.23 | 289.38 | 289.67 | 289.23 | 0.762 times |
| 18 Tue Jun 2024 | 289.30 | 289.25 | 289.40 | 289.20 | 0.719 times |
| 18 Tue Jun 2024 | 289.30 | 289.25 | 289.40 | 289.20 | 0.719 times |
| 17 Mon Jun 2024 | 289.21 | 289.10 | 289.35 | 289.04 | 0.91 times |
| 14 Fri Jun 2024 | 289.07 | 289.00 | 289.30 | 288.92 | 0.741 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 289.5 or 289.1
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 | 288.40 |
| Downside Target | 289.40 |
| Downside Target | 289.41 |
| Downside Target | 289.57 |
| Downside Target | 289.67 |
| Upside Target | 289.88 |
| Upside Target | 295.90 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 289.48 |
| Downside Intraday Target | 289.21 |
| Upside Intraday Target | 289.95 |
| Upside Intraday Target | 290.15 |
| Downside Intraday Target | 289.68 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 289.75 | 289.50 | 289.88 | 289.41 | 1.11 times |
| 21 Fri Jun 2024 | 289.40 | 289.25 | 289.67 | 289.20 | 2.206 times |
| 18 Tue Jun 2024 | 289.30 | 289.10 | 289.40 | 289.04 | 0.385 times |
| 14 Fri Jun 2024 | 289.07 | 288.70 | 289.57 | 288.65 | 1.221 times |
| 07 Fri Jun 2024 | 288.70 | 289.00 | 289.00 | 288.40 | 1.143 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 |
| 27 Thu Jun 2024 | 289.75 | 289.00 | 289.88 | 288.40 | 1.831 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 up this month, and volume has increased substantially. This means that the move can 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 moving up
CCI has generated a buy signal for Encore Wire in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 289.43 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 moving up
CCI has generated a buy signal for Encore Wire in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 289.43 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.