WIRE Crosses Above Key Moving Average Level

In trading on Wednesday, shares of Encore Wire Corp. (WIRE) crossed above their 200 day moving average of $37.53, changing hands as high as $37.80 per share. Encore Wire Corp. shares are currently trading up about 3.7% on the day. The chart below shows the one year performance of WIRE shares, versus its 200 day moving average:

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Encore Wire Corp. 200 Day Moving Average Chart

Looking at the chart above, WIRE's low point in its 52 week range is $32.96 per share, with $44.95 as the 52 week high point — that compares with a last trade of $37.85.

According to the ETF Finder at ETF Channel, WIRE makes up 3.51% of the First Trust RBA American Industrial Renaissance ETF ( AIRR) which is trading higher by about 5.1% on the day Wednesday.

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