(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 2024-08-27 View latest technical analysis
10 day averaged volume of Insteel Industries is 62330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 33.81 | 33.54 | 33.86 | 33.19 | 1.104 times |
| 26 Mon Aug 2024 | 33.94 | 34.36 | 34.44 | 33.88 | 1.73 times |
| 23 Fri Aug 2024 | 33.92 | 32.88 | 34.15 | 32.78 | 1.295 times |
| 22 Thu Aug 2024 | 32.59 | 33.02 | 33.02 | 32.59 | 0.996 times |
| 21 Wed Aug 2024 | 32.98 | 32.56 | 33.05 | 32.41 | 0.777 times |
| 20 Tue Aug 2024 | 32.26 | 32.47 | 32.57 | 31.99 | 1.104 times |
| 19 Mon Aug 2024 | 32.53 | 32.32 | 32.84 | 32.23 | 0.948 times |
| 16 Fri Aug 2024 | 32.32 | 32.38 | 32.90 | 32.09 | 0.855 times |
| 15 Thu Aug 2024 | 32.53 | 32.56 | 32.85 | 32.12 | 0.679 times |
| 14 Wed Aug 2024 | 31.71 | 32.18 | 32.18 | 31.20 | 0.916 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.4, but if it comes below 33.4, then a intra day sell could be more profitable.
If you take a sell trade below 33.4, then use 33.4 as stoploss and 32.33 as target. However if you take a buy trade in stock , then use 33.4 as stoploss and 34.6 as target.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 28.25 |
| Downside Target | 29.77 |
| Downside Target | 32.90 |
| Downside Target | 33.19 |
| Upside Target | 34.15 |
| Upside Target | 34.25 |
| Upside Target | 34.44 |
| 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 | 33.19 |
| Downside Intraday Target | 32.56 |
| Upside Intraday Target | 34.44 |
| Upside Intraday Target | 35.06 |
| Upside Intraday Target | 33.81 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 33.81 | 34.36 | 34.44 | 33.19 | 0.553 times |
| 23 Fri Aug 2024 | 33.92 | 32.32 | 34.15 | 31.99 | 1.287 times |
| 16 Fri Aug 2024 | 32.32 | 31.16 | 32.90 | 30.70 | 0.694 times |
| 09 Fri Aug 2024 | 31.32 | 30.51 | 31.95 | 30.16 | 0.686 times |
| 02 Fri Aug 2024 | 32.12 | 34.71 | 35.52 | 31.66 | 0.973 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 |
| 27 Tue Aug 2024 | 33.81 | 34.42 | 34.85 | 30.16 | 0.477 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Insteel Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Insteel Industries in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Insteel Industries in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 32.99 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Insteel Industries ( (IIIN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Insteel Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Insteel Industries in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Insteel Industries in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 32.99 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.