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WIRE Makes Notable Cross Below Critical Moving Average

By Dividend Channel Staff, Tuesday, July 25, 4:22 PM ET
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In trading on Tuesday, shares of Encore Wire Corp. (NASDAQ:WIRE) crossed below their 200 day moving average of $160.84, changing hands as low as $159.16 per share. Encore Wire Corp. shares are currently trading down about 0.8% 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 $108.53 per share, with $206.74 as the 52 week high point — that compares with a last trade of $161.09.

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