(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 2024-08-08 View latest technical analysis
10 day averaged volume of Insteel Industries is 94020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 31.07 | 31.36 | 31.57 | 30.91 | 0.647 times |
| 07 Wed Aug 2024 | 30.90 | 31.75 | 31.95 | 30.50 | 0.678 times |
| 06 Tue Aug 2024 | 31.46 | 31.04 | 31.58 | 30.66 | 0.886 times |
| 05 Mon Aug 2024 | 31.11 | 30.51 | 31.28 | 30.16 | 1.042 times |
| 02 Fri Aug 2024 | 32.12 | 31.77 | 32.26 | 31.66 | 1.055 times |
| 01 Thu Aug 2024 | 33.06 | 34.42 | 34.85 | 32.80 | 1 times |
| 31 Wed Jul 2024 | 34.25 | 34.50 | 35.52 | 33.80 | 1.76 times |
| 30 Tue Jul 2024 | 34.27 | 34.39 | 34.43 | 33.95 | 0.897 times |
| 29 Mon Jul 2024 | 34.14 | 34.71 | 34.96 | 33.71 | 0.827 times |
| 26 Fri Jul 2024 | 34.71 | 33.89 | 34.76 | 33.89 | 0.875 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.5, but if it comes above 31.5, then a intra day buy could be more profitable.
If you take a sell trade below 31.5, then use 31.5 as stoploss and 30.1 as target. However if you take a buy trade in stock , then use 31.5 as stoploss and 32.61 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 | 30.17 |
| Downside Intraday Target | 29.27 |
| Upside Intraday Target | 31.96 |
| Upside Intraday Target | 32.85 |
| Downside Intraday Target | 31.06 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 31.07 | 30.51 | 31.95 | 30.16 | 0.587 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 |
| 08 Thu Aug 2024 | 31.07 | 34.42 | 34.85 | 30.16 | 0.184 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 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 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 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 and the sell signal is strong.
Insteel Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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 32.89 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 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 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 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 and the sell signal is strong.
Insteel Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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 32.89 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.