(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 2024-06-28 View latest technical analysis
10 day averaged volume of Insteel Industries is 202660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 30.96 | 30.38 | 31.02 | 30.28 | 2.292 times |
| 27 Thu Jun 2024 | 30.01 | 30.53 | 30.64 | 29.97 | 0.698 times |
| 26 Wed Jun 2024 | 30.41 | 29.90 | 30.44 | 29.81 | 0.4 times |
| 25 Tue Jun 2024 | 30.00 | 30.60 | 30.79 | 29.77 | 0.33 times |
| 24 Mon Jun 2024 | 30.78 | 31.06 | 31.43 | 30.78 | 0.531 times |
| 21 Fri Jun 2024 | 30.76 | 31.85 | 31.85 | 30.54 | 5.825 times |
| 20 Thu Jun 2024 | 31.91 | 31.88 | 32.39 | 31.88 | 0.435 times |
| 18 Tue Jun 2024 | 31.88 | 31.71 | 32.08 | 31.37 | 0.478 times |
| 18 Tue Jun 2024 | 31.88 | 31.71 | 32.08 | 31.37 | 0.478 times |
| 17 Mon Jun 2024 | 31.88 | 30.76 | 31.90 | 30.76 | 0.439 times |
Stock of Insteel Industries (IIIN) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 31.6 or till 32.3. Use a stoploss of 30.94 and if this stock hits its stoploss, then it can fall down till 30.31
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 29.77 |
| Upside Target | 32.39 |
| 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 | 30.01 |
| Downside Intraday Target | 29.06 |
| Upside Intraday Target | 31.67 |
| Upside Intraday Target | 32.38 |
| Downside Intraday Target | 30.72 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 30.96 | 31.06 | 31.43 | 29.77 | 0.631 times |
| 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 |
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 |
| 28 Fri Jun 2024 | 30.96 | 33.15 | 33.15 | 29.77 | 1.941 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, and volume has increased substantially. This means that the move can 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 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 short to mid 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 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.
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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Insteel Industries in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 30.9 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 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 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 short to mid 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 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.
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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Insteel Industries in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 30.9 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.