(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 2024-07-08 View latest technical analysis
10 day averaged volume of Insteel Industries is 115780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 30.01 | 29.97 | 30.25 | 29.85 | 0.446 times |
| 05 Fri Jul 2024 | 29.74 | 29.95 | 30.13 | 29.54 | 0.769 times |
| 03 Wed Jul 2024 | 30.18 | 30.51 | 30.75 | 30.14 | 0.202 times |
| 03 Wed Jul 2024 | 30.18 | 30.51 | 30.75 | 30.14 | 0.202 times |
| 02 Tue Jul 2024 | 30.37 | 30.12 | 30.46 | 30.04 | 0.57 times |
| 01 Mon Jul 2024 | 30.05 | 30.66 | 30.98 | 29.89 | 0.816 times |
| 28 Fri Jun 2024 | 30.96 | 30.38 | 31.02 | 30.28 | 4.011 times |
| 27 Thu Jun 2024 | 30.01 | 30.53 | 30.64 | 29.97 | 1.221 times |
| 26 Wed Jun 2024 | 30.41 | 29.90 | 30.44 | 29.81 | 0.7 times |
| 25 Tue Jun 2024 | 30.00 | 30.60 | 30.79 | 29.77 | 0.578 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 as stoploss in an intra day buy trade for a target of 30.69. However, stock will show a bearish move below 30.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 29.54 |
| Upside Target | 31.26 |
| Upside Target | 31.30 |
| Upside Target | 31.43 |
| 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 | 29.82 |
| Downside Intraday Target | 29.64 |
| Upside Intraday Target | 30.22 |
| Upside Intraday Target | 30.44 |
| Upside Intraday Target | 30.04 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 30.01 | 29.97 | 30.25 | 29.85 | 0.459 times |
| 05 Fri Jul 2024 | 29.74 | 30.51 | 30.75 | 29.54 | 0.611 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 |
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 |
| 08 Mon Jul 2024 | 30.01 | 30.66 | 30.98 | 29.54 | 0.109 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Strong 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 30.45 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Strong 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 30.45 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.