Technical Analysis for WIRE - Encore Wire Corporation

Grade Last Price % Change Price Change
grade D 54.02 -1.75% -0.96
WIRE closed down 1.75 percent on Thursday, August 22, 2019, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Flat Down Flat
See historical WIRE trend table...

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Fell Below 200 DMA Bearish 0.00%
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Upper Bollinger Band Touch Strength 0.00%

Older signals for WIRE ...

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Profile
Encore Wire Corporation manufactures and supplies electrical building wires and cables for use in interior electrical wiring applications in commercial and industrial buildings, homes, apartments, and manufactured housings. The company's products include NM-B Cable, a non-metallic sheathed cable primarily used as interior wiring in homes, apartments, and manufactured housing; UF-B Cable, an underground feeder cable that is used to conduct power underground to outside lighting and other applications remote from buildings; and THHN/THWN-2 Cable, which is primarily used as feeder, circuit, and branch wiring in commercial and industrial buildings. Its products also comprise XHHW-2 Cable and USE-2 Cable that are intended for general purpose applications utilized in conduit or other recognized raceways for service, feeders, and branch-circuit wiring; metal clad and armored cables, which are primarily used as feeder, circuit, and branch wiring in commercial and industrial buildings; photovoltaic (PV) cables that are used to provide connections between PV panels, collector boxes, and inverters; and bare copper conductors that are used in overhead electrical transmission and distribution systems for grounding electrical systems. In addition, the company purchases and re-sells other types of wires. Encore Wire Corporation markets its products primarily through independent manufacturers' representatives, as well as directly to wholesale electrical distributors and retail home improvement centers in the United States. The company was founded in 1989 and is headquartered in McKinney, Texas.
Electromagnetism Metal Manufactured Goods Electrical Wiring Electrical Cable Wire Copper Conductor Electrical Conduit Cables Electrical Distributors Power Cables Retail Home Improvement Centers Steel Wire Armoured Cable
Is WIRE a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 61.68
52 Week Low 40.96
Average Volume 71,002
200-Day Moving Average 54.2723
50-Day Moving Average 54.9834
20-Day Moving Average 54.5645
10-Day Moving Average 54.247
Average True Range 1.5142
ADX 15.02
+DI 18.783
-DI 12.8335
Chandelier Exit (Long, 3 ATRs ) 51.8574
Chandelier Exit (Short, 3 ATRs ) 57.2826
Upper Bollinger Band 55.7904
Lower Bollinger Band 53.3386
Percent B (%b) 0.28
BandWidth 4.493398
MACD Line -0.2088
MACD Signal Line -0.2146
MACD Histogram 0.0059
Fundamentals Value
Market Cap 1.12 Billion
Num Shares 20.8 Million
EPS 2.02
Price-to-Earnings (P/E) Ratio 26.74
Price-to-Sales 0.89
Price-to-Book 1.56
PEG Ratio 2.27
Dividend 0.08
Dividend Yield 0.15%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 57.08
Resistance 3 (R3) 57.36 56.61 56.57
Resistance 2 (R2) 56.61 55.83 56.48 56.40
Resistance 1 (R1) 55.32 55.35 54.95 55.04 56.23
Pivot Point 54.57 54.57 54.39 54.44 54.57
Support 1 (S1) 53.28 53.79 52.91 53.00 51.81
Support 2 (S2) 52.53 53.31 52.40 51.64
Support 3 (S3) 51.24 52.53 51.47
Support 4 (S4) 50.96