Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
Encore Wire Corporation (NASDAQ:WIRE)
Strong Uptrend (+100) - WIRE is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, WIRE continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid WIRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for WIRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for WIRE
The long-term trend has been UP since Aug 18th, 2022 at 146.8262
The intermediate-term trend has been UP since May 10th, 2023 at 170.6800
The short-term trend has been UP since Jun 6th, 2023 at 170.8300
Smart Scan Analysis for WIRE
Based on our trend formula, WIRE is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 180.460 | 183.760 | 179.840 | 182.905 | +1.985 |
| Prev. Close | Volume | Bid | Ask | Time |
| 180.920 | 89534 | 2023-06-09 14:57:24 |
| Year High | 58.7 | Year High Date | 2018-03-21 |
| Year Low | 40.96 | Year Low Date | 2018-10-24 |
| 52wk High | 206.74 | 52wk High Date | 2023-02-21 |
| 52wk Low | 94.39 | 52wk Low Date | 2022-07-06 |
| Year End Close | 30.31 | Average Volume | 210,261 |
| Shares Outstanding | 17,570 | Short Interest | 580,186 |
| % Institutional | 82.5 | Market Cap | 1,206M |
| Assets | 199,660,500M | Liabilities | 182,701,000M |
| P/E Ratio | 5.0935 | Beta | 1.53 |
| Volatility | 40.25 |