(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.
Showing technical analysis as on 2024-05-30 View latest technical analysis
10 day averaged volume of Insteel Industries is 67381
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 32.34 | 31.97 | 32.45 | 31.97 | 1.023 times |
| 29 Wed May 2024 | 31.61 | 31.34 | 31.70 | 31.30 | 1.055 times |
| 28 Tue May 2024 | 31.68 | 32.14 | 32.32 | 31.50 | 1.266 times |
| 24 Fri May 2024 | 32.04 | 31.95 | 32.10 | 31.60 | 1.239 times |
| 23 Thu May 2024 | 31.71 | 31.97 | 31.97 | 31.42 | 1.214 times |
| 22 Wed May 2024 | 31.96 | 32.22 | 32.22 | 31.56 | 1.351 times |
| 21 Tue May 2024 | 32.21 | 32.36 | 32.39 | 32.15 | 0.57 times |
| 20 Mon May 2024 | 32.39 | 32.66 | 33.04 | 32.39 | 0.709 times |
| 17 Fri May 2024 | 32.66 | 33.03 | 33.03 | 32.53 | 0.662 times |
| 16 Thu May 2024 | 32.87 | 33.39 | 33.39 | 32.76 | 1.058 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 32 as stoploss in an intra day buy trade for a target of 32.76. However, stock will show a bearish move below 32.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 31.26 |
| Upside Target | 32.45 |
| Upside Target | 33.64 |
| Upside Target | 33.70 |
| Upside Target | 34.06 |
| Upside Target | 34.25 |
| 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 | 31.61 |
| Downside Intraday Target | 30.88 |
| Upside Intraday Target | 32.76 |
| Upside Intraday Target | 33.18 |
| Downside Intraday Target | 32.03 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 32.34 | 32.14 | 32.45 | 31.30 | 0.658 times |
| 24 Fri May 2024 | 32.04 | 32.66 | 33.04 | 31.42 | 1.179 times |
| 17 Fri May 2024 | 32.66 | 34.19 | 34.25 | 32.53 | 0.694 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 |
Price has moved up 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 |
| 30 Thu May 2024 | 32.34 | 32.00 | 34.25 | 31.30 | 0.869 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Insteel Industries in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Insteel Industries in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 32.09 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 falling down
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 has given negative 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Insteel Industries in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Insteel Industries in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 32.09 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 falling down
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 has given negative 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.