(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 158940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 291.23 | 288.96 | 295.90 | 287.99 | 19.494 times |
| 12 Fri Apr 2024 | 260.98 | 259.40 | 261.34 | 256.73 | 0.855 times |
| 11 Thu Apr 2024 | 260.45 | 257.88 | 261.32 | 254.87 | 0.695 times |
| 10 Wed Apr 2024 | 258.30 | 256.39 | 259.78 | 250.99 | 0.812 times |
| 09 Tue Apr 2024 | 261.11 | 268.88 | 269.69 | 260.51 | 0.99 times |
| 08 Mon Apr 2024 | 269.27 | 271.90 | 271.90 | 268.48 | 0.708 times |
| 05 Fri Apr 2024 | 268.65 | 264.67 | 271.09 | 264.11 | 1.09 times |
| 04 Thu Apr 2024 | 263.95 | 269.34 | 271.36 | 263.57 | 1.258 times |
| 03 Wed Apr 2024 | 267.30 | 262.42 | 269.06 | 257.20 | 0.964 times |
| 02 Tue Apr 2024 | 262.42 | 263.90 | 263.90 | 257.62 | 1.365 times |
Stock of Encore Wire (WIRE) has showed a significant upmove. This could be a good time to enter in this stock!
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 288.2, for a target of 271 or 256.66
Share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Target | 183.20 |
| Downside Target | 207.00 |
| Downside Target | 214.25 |
| Downside Target | 234.29 |
| Downside Target | 242.59 |
| Downside Target | 249.28 |
| Downside Target | 257.20 |
| Downside Target | 264.01 |
| Downside Target | 271.36 |
| Downside Target | 271.90 |
| Downside Target | 287.99 |
| Upside Target | 295.90 |
Intraday share price targets for Encore Wire (WIRE)
| Target Type | Value |
| Downside Intraday Target | 287.51 |
| Downside Intraday Target | 283.8 |
| Upside Intraday Target | 295.42 |
| Upside Intraday Target | 299.62 |
| Upside Intraday Target | 291.71 |
Weekly technical analysis of Encore Wire (WIRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 291.23 | 288.96 | 295.90 | 287.99 | 4.8 times |
| 12 Fri Apr 2024 | 260.98 | 271.90 | 271.90 | 250.99 | 0.684 times |
| 05 Fri Apr 2024 | 268.65 | 263.99 | 271.36 | 257.20 | 1.324 times |
| 28 Thu Mar 2024 | 262.78 | 247.52 | 264.01 | 242.59 | 1.06 times |
| 22 Fri Mar 2024 | 246.65 | 225.70 | 249.28 | 222.39 | 0.414 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Encore Wire (WIRE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 291.23 | 263.99 | 295.90 | 250.99 | 1.177 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 |
| 31 Wed Jan 2024 | 225.50 | 212.47 | 234.29 | 207.00 | 0.857 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 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 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 282.7 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 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 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 282.7 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.