Technical Analysis for WIRE - Encore Wire Corporation

Grade Last Price % Change Price Change
A 81.06 0.70% 0.56
WIRE closed up 3.24 percent on Thursday, May 13, 2021, on 70 percent of normal volume.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical WIRE trend table...

Date Alert Name Type % Chg
1,2,3 Pullback Bullish Bullish Swing Setup 0.70%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.70%
Multiple of Ten Bullish Other 0.70%
Inside Day Range Contraction 0.70%
Overbought Stochastic Strength 0.70%
Multiple of Ten Bearish Other 3.96%
Overbought Stochastic Strength 3.96%
180 Bullish Setup Bullish Swing Setup 0.36%
Slingshot Bullish Bullish Swing Setup 0.36%
Upper Bollinger Band Walk Strength 0.36%
Older End-of-Day Signals for WIRE ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakout about 1 hour ago
10 DMA Support about 4 hours ago
Non-ADX 1,2,3,4 Pullback Entry about 4 hours ago
1,2,3, Pullback Entry about 4 hours ago
Rose Above Previous Day's High about 4 hours ago
View Earlier Intraday Alerts

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Profile

Encore Wire Corporation Description

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.


Classification

Sector: Technology
Industry: Electronic Components
Keywords: Electromagnetism Metal Distribution Systems Manufactured Housing Inverters Manufactured Goods Conduit Electrical Wiring Power Cables Electrical Systems Wire Electrical Cable Electrical Distributors Electrical Transmission Encore Copper Conductor Electrical Conduit 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

Indicators

Indicator Value
52 Week High 82.22
52 Week Low 44.4
Average Volume 106,816
200-Day Moving Average 58.68
50-Day Moving Average 71.55
20-Day Moving Average 75.65
10-Day Moving Average 78.98
Average True Range 2.29
ADX 34.64
+DI 27.58
-DI 17.25
Chandelier Exit (Long, 3 ATRs ) 75.34
Chandelier Exit (Short, 3 ATRs ) 75.66
Upper Bollinger Band 83.47
Lower Bollinger Band 67.84
Percent B (%b) 0.81
BandWidth 20.66
MACD Line 2.85
MACD Signal Line 2.58
MACD Histogram 0.2686
Fundamentals Value
Market Cap 1.66 Billion
Num Shares 20.6 Million
EPS 3.01
Price-to-Earnings (P/E) Ratio 26.78
Price-to-Sales 0.91
Price-to-Book 1.33
PEG Ratio 2.09
Dividend 0.08
Dividend Yield 0.10%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 84.55
Resistance 3 (R3) 84.13 82.36 83.88
Resistance 2 (R2) 82.36 81.33 82.57 83.65
Resistance 1 (R1) 81.43 80.69 81.90 81.85 83.42
Pivot Point 79.66 79.66 79.89 79.87 79.66
Support 1 (S1) 78.73 78.63 79.20 79.15 77.58
Support 2 (S2) 76.96 77.99 77.17 77.35
Support 3 (S3) 76.03 76.96 77.13
Support 4 (S4) 76.45