(IIIN) Insteel Industries complete technical analysis [charts+indicators] | Buy/Sell Insteel Industries | (IIIN) share price targets
Complete technical analysis of Insteel Industries (IIIN) by charts plus indicators, forecast predictions and share price targets for Insteel Industries (IIIN)
Insteel Industries trades in USA in Capital Goods sector.
10 day averaged volume of Insteel Industries is 89910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 33.47 | 34.19 | 34.25 | 33.47 | 0.726 times |
| 10 Fri May 2024 | 33.98 | 33.89 | 34.00 | 33.55 | 0.757 times |
| 09 Thu May 2024 | 33.80 | 33.46 | 33.85 | 33.20 | 1.12 times |
| 08 Wed May 2024 | 33.35 | 33.33 | 33.53 | 32.73 | 0.777 times |
| 07 Tue May 2024 | 33.53 | 33.41 | 33.97 | 33.19 | 0.948 times |
| 06 Mon May 2024 | 33.46 | 33.29 | 34.06 | 33.12 | 1.052 times |
| 03 Fri May 2024 | 33.06 | 32.95 | 33.26 | 32.92 | 0.766 times |
| 02 Thu May 2024 | 32.32 | 32.23 | 32.39 | 31.93 | 1.409 times |
| 01 Wed May 2024 | 31.86 | 32.00 | 32.57 | 31.79 | 1.186 times |
| 30 Tue Apr 2024 | 32.10 | 31.97 | 32.58 | 31.95 | 1.072 times |
My analysis of stock is bullish for shortterm, and stock might move up till 33.9 or till 34.9. Use a stoploss of 33.12 and if this stock hits its stoploss, then it can fall down till 32.32
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 31.26 |
| Downside Target | 32.43 |
| Upside Target | 34.06 |
| Upside Target | 34.25 |
| Upside Target | 34.58 |
| Upside Target | 35.41 |
| Upside Target | 37.50 |
| Upside Target | 38.14 |
| Upside Target | 38.39 |
| Upside Target | 38.40 |
Intraday share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Intraday Target | 33.21 |
| Downside Intraday Target | 32.95 |
| Upside Intraday Target | 33.99 |
| Upside Intraday Target | 34.51 |
| Upside Intraday Target | 33.73 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 33.47 | 34.19 | 34.25 | 33.47 | 0.156 times |
| 10 Fri May 2024 | 33.98 | 33.29 | 34.06 | 32.73 | 0.871 times |
| 03 Fri May 2024 | 33.06 | 32.47 | 33.26 | 31.79 | 0.826 times |
| 26 Fri Apr 2024 | 32.39 | 33.55 | 35.41 | 31.26 | 1.502 times |
| 19 Fri Apr 2024 | 33.55 | 34.58 | 34.58 | 32.43 | 1.141 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Insteel Industries (IIIN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 33.47 | 32.00 | 34.25 | 31.79 | 0.433 times |
| 30 Tue Apr 2024 | 32.10 | 38.40 | 38.40 | 31.26 | 0.962 times |
| 28 Thu Mar 2024 | 38.22 | 36.53 | 38.39 | 33.70 | 1.426 times |
| 29 Thu Feb 2024 | 36.41 | 34.91 | 37.50 | 33.64 | 0.555 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Insteel Industries (IIIN)
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Insteel Industries stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Insteel Industries in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Insteel Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Insteel Industries in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Insteel Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33 and Insteel Industries (IIIN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Insteel Industries (IIIN) stock. Volume based technical analysis of Insteel Industries (IIIN) stock is negative.
Insteel Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Insteel Industries stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Insteel Industries in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Insteel Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Insteel Industries in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Insteel Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33 and Insteel Industries (IIIN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Insteel Industries (IIIN) stock. Volume based technical analysis of Insteel Industries (IIIN) stock is negative.
Insteel Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.