Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Encore Wire Corporation (NASDAQ:WIRE)

Long-Term Uptrend (+90) - WIRE is in a strong uptrend that is likely to continue. While WIRE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
110.2400 111.2100 108.7671 110.6300 +0.1600
Entry Signal

MarketClub’s Trade Triangles for WIRE

long term up The long-term trend has been UP since Jul 28th, 2021 at 84.01

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 89.00

short term up The short-term trend has been UP since Oct 6th, 2021 at 97.97

Smart Scan Analysis for WIRE

Based on our trend formula, WIRE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for WIRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.2400 111.2100 108.7671 110.6300 +0.1600
Prev. Close Volume Bid Ask Time
110.4700 110196 2021-10-20 15:59:46
Year High58.7Year High Date2018-03-21
Year Low40.96Year Low Date2018-10-24
52wk High113.8852wk High Date2021-10-19
52wk Low45.64552wk Low Date2020-10-30
Year End Close30.31Average Volume204,080
Shares Outstanding20,649Short Interest580,186
% Institutional82.5Market Cap1,206M
Assets127,490,400MLiabilities211,279,000M
P/E Ratio8.4977Beta1.53
Volatility40.25
Get a free daily analysis and signals for Encore Wire Corporation (WIRE) - Request Your Free Report.