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(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.

10 day averaged volume of Encore Wire is 667670

Date Daily Closing Price Open High Low Volume
01 Mon Jul 2024 289.84 289.95 289.99 289.65 2.085 times
28 Fri Jun 2024 289.83 289.77 289.94 289.75 1.849 times
27 Thu Jun 2024 289.75 289.87 289.88 289.65 0.774 times
26 Wed Jun 2024 289.62 289.64 289.78 289.55 1.077 times
25 Tue Jun 2024 289.64 289.62 289.72 289.56 0.875 times
24 Mon Jun 2024 289.58 289.50 289.70 289.41 0.804 times
21 Fri Jun 2024 289.40 289.48 289.60 289.21 1.869 times
20 Thu Jun 2024 289.23 289.38 289.67 289.23 0.674 times
18 Tue Jun 2024 289.30 289.25 289.40 289.20 0.636 times
18 Tue Jun 2024 289.30 289.25 289.40 289.20 0.636 times

Stock of Encore Wire (WIRE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 289.6, but if it comes below 289.6, then a intra day sell could be more profitable.
If you take a sell trade below 289.6, then use 289.6 as stoploss and 289.22 as target. However if you take a buy trade in stock , then use 289.6 as stoploss and 290.1 as target.

Share price targets for Encore Wire (WIRE)

Target Type Value
Downside Target 217.80
Downside Target 250.99
Downside Target 264.01
Downside Target 276.00
Downside Target 288.40
Downside Target 289.65
Downside Target 289.67
Upside Target 289.94
Upside Target 289.99
Upside Target 295.90

Intraday share price targets for Encore Wire (WIRE)

Target Type Value
Downside Intraday Target 289.66
Downside Intraday Target 289.49
Upside Intraday Target 290
Upside Intraday Target 290.17
Downside Intraday Target 289.83

Weekly technical analysis of Encore Wire (WIRE)

Date Weekly Closing Price Open High Low Volume
01 Mon Jul 2024 289.84 289.95 289.99 289.65 0.388 times
28 Fri Jun 2024 289.83 289.50 289.94 289.41 1.691 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

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
01 Mon Jul 2024 289.84 289.95 289.99 289.65 0.124 times
28 Fri Jun 2024 289.83 289.00 289.94 288.40 2.057 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

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 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 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 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 SELL signal for Encore Wire in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 289.61 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 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 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 SELL signal for Encore Wire in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 289.61 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.

Daily charts

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Daily chart
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