(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 2024-07-03 View latest technical analysis
10 day averaged volume of Insteel Industries is 231410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 30.18 | 30.51 | 30.75 | 30.14 | 0.101 times |
| 03 Wed Jul 2024 | 30.18 | 30.51 | 30.75 | 30.14 | 0.101 times |
| 02 Tue Jul 2024 | 30.37 | 30.12 | 30.46 | 30.04 | 0.285 times |
| 01 Mon Jul 2024 | 30.05 | 30.66 | 30.98 | 29.89 | 0.408 times |
| 28 Fri Jun 2024 | 30.96 | 30.38 | 31.02 | 30.28 | 2.007 times |
| 27 Thu Jun 2024 | 30.01 | 30.53 | 30.64 | 29.97 | 0.611 times |
| 26 Wed Jun 2024 | 30.41 | 29.90 | 30.44 | 29.81 | 0.35 times |
| 25 Tue Jun 2024 | 30.00 | 30.60 | 30.79 | 29.77 | 0.289 times |
| 24 Mon Jun 2024 | 30.78 | 31.06 | 31.43 | 30.78 | 0.465 times |
| 21 Fri Jun 2024 | 30.76 | 31.85 | 31.85 | 30.54 | 5.101 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 30.1 as stoploss in an intra day buy trade for a target of 30.76. However, stock will show a bearish move below 30.1.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 29.77 |
| Upside Target | 31.30 |
| Upside Target | 31.43 |
| Upside Target | 32.08 |
| Upside Target | 32.39 |
| Upside Target | 33.15 |
| Upside Target | 33.70 |
| Upside Target | 34.25 |
| Upside Target | 38.39 |
| Upside Target | 38.40 |
Intraday share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Intraday Target | 29.96 |
| Downside Intraday Target | 29.75 |
| Upside Intraday Target | 30.57 |
| Upside Intraday Target | 30.97 |
| Upside Intraday Target | 30.36 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 30.18 | 30.51 | 30.75 | 30.14 | 0.127 times |
| 03 Wed Jul 2024 | 30.18 | 30.66 | 30.98 | 29.89 | 0.213 times |
| 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 |
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 |
| 03 Wed Jul 2024 | 30.18 | 30.66 | 30.98 | 29.89 | 0.065 times |
| 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 |
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 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 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 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 gaining 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Insteel Industries in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Insteel Industries is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 30.67 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 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 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 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 gaining 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Insteel Industries in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Insteel Industries is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 30.67 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 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.