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Encore Wire Corp. (WIRE) Shares Cross Below 200 DMA

By Market News Video Staff, Monday, May 23, 12:41 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Monday, shares of Encore Wire Corp. (NASDAQ:WIRE) crossed below their 200 day moving average of $22.80, changing hands as low as $22.69 per share. Encore Wire Corp. shares are currently trading off about 2.3% on the day. The chart below shows the one year performance of WIRE shares, versus its 200 day moving average:

Encore Wire Corp. 200 Day Moving Average Chart

Looking at the chart above, WIRE's low point in its 52 week range is $17.77 per share, with $28.50 as the 52 week high point — that compares with a last trade of $23.07.

WIRE operates in the Electronic Equipment & Products sector, among companies like Jabil Circuit, Inc. (NYSE:JBL) which is down about 1.5% today, and JDS Uniphase Corp (NASDAQ:JDSU) trading lower by about 3.4%. Below is a three month price history chart comparing the stock performance of WIRE, versus JBL and JDSU.

WIRE,JBL,JDSU Relative Performance Chart


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This Article's Word Cloud:   Average   Below   Corp   Encore   Investment   JDSU   Moving   NASDAQ   Portfolio   WIRE   Wire   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with   year
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Encore Wire Corp. (WIRE) Shares Cross Below 200 DMA | Market News Video | Copyright © 2008 - 2012, All Rights Reserved

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