(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 2024-10-01 View latest technical analysis
10 day averaged volume of Insteel Industries is 213650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 30.56 | 30.90 | 30.98 | 30.38 | 0.447 times |
| 30 Mon Sep 2024 | 31.09 | 30.68 | 31.17 | 30.50 | 0.404 times |
| 27 Fri Sep 2024 | 30.88 | 30.79 | 31.40 | 30.59 | 0.412 times |
| 26 Thu Sep 2024 | 30.37 | 30.60 | 31.15 | 30.24 | 0.874 times |
| 25 Wed Sep 2024 | 29.99 | 31.46 | 31.58 | 29.99 | 0.771 times |
| 24 Tue Sep 2024 | 31.41 | 31.53 | 31.83 | 31.25 | 0.755 times |
| 23 Mon Sep 2024 | 31.47 | 31.29 | 31.82 | 31.01 | 1.718 times |
| 20 Fri Sep 2024 | 30.93 | 32.72 | 32.83 | 30.90 | 3.805 times |
| 19 Thu Sep 2024 | 33.06 | 33.68 | 33.68 | 32.52 | 0.485 times |
| 18 Wed Sep 2024 | 32.79 | 32.81 | 34.02 | 32.60 | 0.456 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 30.4 as stoploss in an intra day buy trade for a target of 31.29. However, stock will show a bearish move below 30.4.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 28.25 |
| Downside Target | 29.73 |
| Upside Target | 31.22 |
| Upside Target | 31.80 |
| Upside Target | 31.83 |
| Upside Target | 33.15 |
| Upside Target | 34.02 |
| Upside Target | 34.13 |
| Upside Target | 34.85 |
| Upside Target | 35.52 |
Intraday share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Intraday Target | 30.24 |
| Downside Intraday Target | 29.91 |
| Upside Intraday Target | 31.03 |
| Upside Intraday Target | 31.49 |
| Upside Intraday Target | 30.7 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 30.56 | 30.68 | 31.17 | 30.38 | 0.188 times |
| 27 Fri Sep 2024 | 30.88 | 31.29 | 31.83 | 29.99 | 0.839 times |
| 20 Fri Sep 2024 | 30.93 | 31.94 | 34.02 | 30.90 | 1.938 times |
| 13 Fri Sep 2024 | 31.65 | 31.32 | 31.80 | 29.73 | 1.904 times |
| 06 Fri Sep 2024 | 31.29 | 34.09 | 34.13 | 31.22 | 4.334 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 |
| 01 Tue Oct 2024 | 30.56 | 30.90 | 30.98 | 30.38 | 0.031 times |
| 30 Mon Sep 2024 | 31.09 | 34.09 | 34.13 | 29.73 | 2.015 times |
| 30 Fri Aug 2024 | 34.40 | 34.42 | 34.85 | 30.16 | 0.57 times |
| 31 Wed Jul 2024 | 34.25 | 30.66 | 35.52 | 28.25 | 0.848 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Insteel Industries stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 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
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 31.11 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Insteel Industries stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 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
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 31.11 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.