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Stock Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

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.

NASDAQ_WIRE
Open High Low WIRE Price Change
289.50 289.55 289.41 289.48 +0.08
Entry Signal

MarketClub’s Trade Triangles for WIRE

long term up The long-term trend has been UP since Aug 18th, 2022 at 146.8262

intermediate term up The intermediate-term trend has been UP since May 29th, 2024 at 284.0000

short term up The short-term trend has been UP since May 28th, 2024 at 279.9750

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).

+100
Smart Scan Analysis for WIRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
289.50 289.55 289.41 289.48 +0.08
Prev. Close Volume Bid Ask Time
289.40 151582 2024-06-24 10:11:05
Year High58.7Year High Date2018-03-21
Year Low40.96Year Low Date2018-10-24
52wk High295.952wk High Date2024-04-15
52wk Low150.5152wk Low Date2023-07-26
Year End Close30.31Average Volume475,115
Shares Outstanding15,789Short Interest580,186
% Institutional82.5Market Cap1,206M
Assets204,154,000MLiabilities228,583,000M
P/E Ratio15.2557Beta1.53
Volatility40.25
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