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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.

Open High Low WIRE Price Change
180.460 183.760 179.840 182.905 +1.985
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 10th, 2023 at 170.6800

short term up 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).

Smart Scan Analysis for WIRE
Strong Downtrend Sideways 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 High58.7Year High Date2018-03-21
Year Low40.96Year Low Date2018-10-24
52wk High206.7452wk High Date2023-02-21
52wk Low94.3952wk Low Date2022-07-06
Year End Close30.31Average Volume210,261
Shares Outstanding17,570Short Interest580,186
% Institutional82.5Market Cap1,206M
P/E Ratio5.0935Beta1.53
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