(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 2024-07-18 View latest technical analysis
10 day averaged volume of Insteel Industries is 94420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 33.20 | 29.34 | 33.44 | 28.25 | 2.266 times |
| 17 Wed Jul 2024 | 32.25 | 32.88 | 33.19 | 31.92 | 2.105 times |
| 16 Tue Jul 2024 | 32.96 | 31.57 | 33.35 | 31.57 | 1.971 times |
| 15 Mon Jul 2024 | 31.22 | 32.23 | 32.32 | 31.13 | 1.235 times |
| 12 Fri Jul 2024 | 31.88 | 32.24 | 32.73 | 31.82 | 0.686 times |
| 11 Thu Jul 2024 | 31.79 | 30.93 | 32.02 | 30.90 | 1.198 times |
| 10 Wed Jul 2024 | 30.16 | 29.57 | 30.18 | 29.57 | 0.515 times |
| 09 Tue Jul 2024 | 29.57 | 29.87 | 29.91 | 29.52 | 0.553 times |
| 08 Mon Jul 2024 | 30.01 | 29.97 | 30.25 | 29.85 | 0.546 times |
| 05 Fri Jul 2024 | 29.74 | 29.95 | 30.13 | 29.54 | 0.943 times |
Stock of Insteel Industries (IIIN) has showed a significant upmove. This could be a good time to enter in this stock!
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 33.1, for a target of 31.9 or 30.82
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 28.25 |
| Downside Target | 29.52 |
| Downside Target | 30.75 |
| Downside Target | 32.73 |
| Downside Target | 33.15 |
| Upside Target | 33.44 |
| Upside Target | 33.70 |
| Upside Target | 34.25 |
| Upside Target | 38.39 |
| Upside Target | 38.40 |
Intraday share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Intraday Target | 29.82 |
| Downside Intraday Target | 26.44 |
| Upside Intraday Target | 35.01 |
| Upside Intraday Target | 36.82 |
| Downside Intraday Target | 31.63 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 33.20 | 32.23 | 33.44 | 28.25 | 2.166 times |
| 12 Fri Jul 2024 | 31.88 | 29.97 | 32.73 | 29.52 | 2.939 times |
| 05 Fri Jul 2024 | 29.74 | 30.51 | 30.75 | 29.54 | 0.611 times |
| 03 Wed Jul 2024 | 30.18 | 30.66 | 30.98 | 29.89 | 0.213 times |
| 28 Fri Jun 2024 | 30.96 | 31.06 | 31.43 | 29.77 | 0.631 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Insteel Industries (IIIN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 33.20 | 30.66 | 33.44 | 28.25 | 0.419 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 |
| 30 Tue Apr 2024 | 32.10 | 38.40 | 38.40 | 31.26 | 0.962 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 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 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 to mid 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 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 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 red color and prices are in or above the red cloud Prices appear to be moving up
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 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 31.86 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 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 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 to mid 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 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 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 red color and prices are in or above the red cloud Prices appear to be moving up
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 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 31.86 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.