(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 2024-06-21 View latest technical analysis
10 day averaged volume of Insteel Industries is 87270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 30.76 | 31.85 | 31.85 | 30.54 | 13.527 times |
| 20 Thu Jun 2024 | 31.91 | 31.88 | 32.39 | 31.88 | 1.011 times |
| 18 Tue Jun 2024 | 31.88 | 31.71 | 32.08 | 31.37 | 1.109 times |
| 18 Tue Jun 2024 | 31.88 | 31.71 | 32.08 | 31.37 | 1.109 times |
| 17 Mon Jun 2024 | 31.88 | 30.76 | 31.90 | 30.76 | 1.02 times |
| 14 Fri Jun 2024 | 30.94 | 30.59 | 30.97 | 30.08 | 0.896 times |
| 13 Thu Jun 2024 | 30.99 | 30.71 | 31.14 | 30.17 | 0.8 times |
| 12 Wed Jun 2024 | 30.83 | 31.09 | 31.46 | 30.64 | 0.878 times |
| 11 Tue Jun 2024 | 30.11 | 30.18 | 30.25 | 29.79 | 0.82 times |
| 10 Mon Jun 2024 | 30.50 | 30.42 | 30.64 | 30.16 | 1.121 times |
Stock of Insteel Industries (IIIN) has showed a significant fall. This could be a good time to exit from this stock.
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 30.6 as stoploss in an intra day buy trade for a target of 31.36. However, stock will show a bearish move below 30.6.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 29.79 |
| Upside Target | 33.10 |
| Upside Target | 33.15 |
| Upside Target | 33.64 |
| Upside Target | 33.70 |
| Upside Target | 34.25 |
| Upside Target | 37.50 |
| Upside Target | 38.39 |
| Upside Target | 38.40 |
Intraday share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Intraday Target | 30.07 |
| Downside Intraday Target | 29.38 |
| Upside Intraday Target | 31.92 |
| Upside Intraday Target | 33.08 |
| Upside Intraday Target | 31.23 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 30.76 | 31.71 | 32.39 | 30.54 | 7.349 times |
| 18 Tue Jun 2024 | 31.88 | 30.76 | 32.08 | 30.76 | 0.472 times |
| 14 Fri Jun 2024 | 30.94 | 30.42 | 31.46 | 29.79 | 1.003 times |
| 07 Fri Jun 2024 | 30.66 | 33.15 | 33.15 | 30.17 | 1.333 times |
| 31 Fri May 2024 | 32.87 | 32.14 | 33.10 | 31.30 | 0.861 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Insteel Industries (IIIN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 30.76 | 33.15 | 33.15 | 29.79 | 1.418 times |
| 31 Fri May 2024 | 32.87 | 32.00 | 34.25 | 31.30 | 0.907 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 |
Scroll below to view daily charts
Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Insteel Industries in short term but the buy signal is initial and weak.
Insteel Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Insteel Industries in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 30.96 and Insteel Industries (IIIN) stock is trading below this level. This means that stock is falling with high volumes. 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Insteel Industries in short term but the buy signal is initial and weak.
Insteel Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Insteel Industries in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 30.96 and Insteel Industries (IIIN) stock is trading below this level. This means that stock is falling with high volumes. 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 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.