(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 2024-08-07 View latest technical analysis
10 day averaged volume of Insteel Industries is 98530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 30.90 | 31.75 | 31.95 | 30.50 | 0.647 times |
| 06 Tue Aug 2024 | 31.46 | 31.04 | 31.58 | 30.66 | 0.845 times |
| 05 Mon Aug 2024 | 31.11 | 30.51 | 31.28 | 30.16 | 0.995 times |
| 02 Fri Aug 2024 | 32.12 | 31.77 | 32.26 | 31.66 | 1.007 times |
| 01 Thu Aug 2024 | 33.06 | 34.42 | 34.85 | 32.80 | 0.954 times |
| 31 Wed Jul 2024 | 34.25 | 34.50 | 35.52 | 33.80 | 1.68 times |
| 30 Tue Jul 2024 | 34.27 | 34.39 | 34.43 | 33.95 | 0.856 times |
| 29 Mon Jul 2024 | 34.14 | 34.71 | 34.96 | 33.71 | 0.79 times |
| 26 Fri Jul 2024 | 34.71 | 33.89 | 34.76 | 33.89 | 0.835 times |
| 25 Thu Jul 2024 | 33.29 | 32.42 | 33.60 | 32.42 | 0.935 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.6, but if it comes above 31.6, then a intra day buy could be more profitable.
If you take a sell trade below 31.6, then use 31.6 as stoploss and 30.3 as target. However if you take a buy trade in stock , then use 31.6 as stoploss and 32.65 as target.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 28.25 |
| Downside Target | 29.52 |
| Upside Target | 31.26 |
| Upside Target | 32.73 |
| Upside Target | 33.15 |
| Upside Target | 33.44 |
| Upside Target | 34.25 |
| Upside Target | 34.76 |
| Upside Target | 34.85 |
| Upside Target | 35.52 |
| Upside Target | 38.40 |
Intraday share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Intraday Target | 30.06 |
| Downside Intraday Target | 29.21 |
| Upside Intraday Target | 31.85 |
| Upside Intraday Target | 32.79 |
| Upside Intraday Target | 31 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 30.90 | 30.51 | 31.95 | 30.16 | 0.47 times |
| 02 Fri Aug 2024 | 32.12 | 34.71 | 35.52 | 31.66 | 0.973 times |
| 26 Fri Jul 2024 | 34.71 | 32.44 | 34.76 | 32.00 | 0.438 times |
| 19 Fri Jul 2024 | 32.36 | 32.23 | 33.44 | 28.25 | 3.702 times |
| 12 Fri Jul 2024 | 31.88 | 29.97 | 32.73 | 29.52 | 2.939 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 |
| 07 Wed Aug 2024 | 30.90 | 34.42 | 34.85 | 30.16 | 0.162 times |
| 31 Wed Jul 2024 | 34.25 | 30.66 | 35.52 | 28.25 | 0.848 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 |
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 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 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 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 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 33.04 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 positive
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 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 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 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 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 33.04 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.