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(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 2024-11-01 View latest technical analysis

10 day averaged volume of Insteel Industries is 174760

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	27.25	27.13	27.38	26.96	0.543 times
31 Thu Oct 2024	26.97	27.71	27.71	26.97	0.532 times
30 Wed Oct 2024	27.46	27.38	28.13	27.38	0.492 times
29 Tue Oct 2024	27.49	27.38	27.82	27.35	0.556 times
28 Mon Oct 2024	27.76	27.99	28.38	27.68	0.488 times
25 Fri Oct 2024	27.82	28.62	28.72	27.80	0.486 times
24 Thu Oct 2024	28.40	28.50	28.66	28.08	0.789 times
23 Wed Oct 2024	28.45	27.06	28.47	27.05	1.081 times
22 Tue Oct 2024	27.07	27.00	27.88	27.00	1.243 times
21 Mon Oct 2024	26.91	27.35	27.78	26.74	1.199 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.3, but if it comes above 27.3, then a intra day buy could be more profitable.
If you take a sell trade below 27.3, then use 27.3 as stoploss and 26.1 as target. However if you take a buy trade in stock , then use 27.3 as stoploss and 28.37 as target.

Share price targets for Insteel Industries (IIIN)

Target Type	Value
Downside Target	26.74
Upside Target	28.25
Upside Target	29.73
Upside Target	30.05
Upside Target	30.14
Upside Target	30.16
Upside Target	30.98
Upside Target	31.17
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	26.68
Downside Intraday Target	26.11
Upside Intraday Target	28.1
Upside Intraday Target	28.95
Upside Intraday Target	27.53

Weekly technical analysis of Insteel Industries (IIIN)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	27.25	27.99	28.38	26.96	0.544 times
25 Fri Oct 2024	27.82	27.35	28.72	26.74	0.798 times
18 Fri Oct 2024	27.35	29.61	30.05	26.87	2.842 times
11 Fri Oct 2024	29.66	29.93	30.14	29.04	0.863 times
04 Fri Oct 2024	30.20	30.68	31.17	29.46	0.443 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 Fri Nov 2024	27.25	27.13	27.38	26.96	0.032 times
31 Thu Oct 2024	26.97	30.90	30.98	26.74	0.951 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

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

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 SELL signal for Insteel Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 27.55 and Insteel Industries (IIIN) stock is trading below this level. This means that stock is falling with high volumes. 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 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.