(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 2024-11-11 View latest technical analysis
10 day averaged volume of Insteel Industries is 103320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 30.23 | 30.60 | 30.67 | 29.94 | 1.172 times |
| 08 Fri Nov 2024 | 29.86 | 29.37 | 29.90 | 29.37 | 1.168 times |
| 07 Thu Nov 2024 | 29.29 | 29.95 | 29.95 | 29.19 | 0.911 times |
| 06 Wed Nov 2024 | 30.03 | 29.30 | 30.35 | 29.23 | 1.995 times |
| 05 Tue Nov 2024 | 27.75 | 27.14 | 27.87 | 27.14 | 0.818 times |
| 04 Mon Nov 2024 | 27.27 | 27.15 | 27.80 | 27.15 | 0.694 times |
| 01 Fri Nov 2024 | 27.25 | 27.13 | 27.38 | 26.96 | 0.919 times |
| 31 Thu Oct 2024 | 26.97 | 27.71 | 27.71 | 26.97 | 0.899 times |
| 30 Wed Oct 2024 | 27.46 | 27.38 | 28.13 | 27.38 | 0.832 times |
| 29 Tue Oct 2024 | 27.49 | 27.38 | 27.82 | 27.35 | 0.94 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 30.6, for a target of 29.3 or 28.22
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 26.74 |
| Downside Target | 28.25 |
| Downside Target | 29.73 |
| Downside Target | 30.16 |
| Upside Target | 30.35 |
| Upside Target | 30.67 |
| Upside Target | 30.98 |
| 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 | 29.89 |
| Downside Intraday Target | 29.55 |
| Upside Intraday Target | 30.62 |
| Upside Intraday Target | 31.01 |
| Upside Intraday Target | 30.28 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 30.23 | 30.60 | 30.67 | 29.94 | 0.21 times |
| 08 Fri Nov 2024 | 29.86 | 27.15 | 30.35 | 27.14 | 1.265 times |
| 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 |
Price has moved up 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 |
| 11 Mon Nov 2024 | 30.23 | 27.13 | 30.67 | 26.96 | 0.268 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Insteel Industries in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Insteel Industries in short term and BUY 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 28.65 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Insteel Industries in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Insteel Industries in short term and BUY 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 28.65 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.