(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 2024-08-14 View latest technical analysis
10 day averaged volume of Insteel Industries is 81150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 31.71 | 32.18 | 32.18 | 31.20 | 0.704 times |
| 13 Tue Aug 2024 | 31.94 | 31.19 | 32.00 | 31.13 | 0.539 times |
| 12 Mon Aug 2024 | 30.80 | 31.16 | 31.32 | 30.70 | 0.636 times |
| 09 Fri Aug 2024 | 31.32 | 30.96 | 31.48 | 30.90 | 0.637 times |
| 08 Thu Aug 2024 | 31.07 | 31.36 | 31.57 | 30.91 | 0.749 times |
| 07 Wed Aug 2024 | 30.90 | 31.75 | 31.95 | 30.50 | 0.785 times |
| 06 Tue Aug 2024 | 31.46 | 31.04 | 31.58 | 30.66 | 1.026 times |
| 05 Mon Aug 2024 | 31.11 | 30.51 | 31.28 | 30.16 | 1.208 times |
| 02 Fri Aug 2024 | 32.12 | 31.77 | 32.26 | 31.66 | 1.222 times |
| 01 Thu Aug 2024 | 33.06 | 34.42 | 34.85 | 32.80 | 1.158 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 31.3 as stoploss in an intra day buy trade for a target of 32.48. However, stock will show a bearish move below 31.3.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 28.25 |
| Downside Target | 29.77 |
| Upside Target | 32.18 |
| Upside Target | 33.15 |
| Upside Target | 33.44 |
| Upside Target | 34.25 |
| Upside Target | 34.76 |
| 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 | 30.88 |
| Downside Intraday Target | 30.05 |
| Upside Intraday Target | 32.36 |
| Upside Intraday Target | 33.01 |
| Downside Intraday Target | 31.53 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 31.71 | 31.16 | 32.18 | 30.70 | 0.426 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 |
| 26 Fri Jul 2024 | 34.71 | 32.44 | 34.76 | 32.00 | 0.438 times |
| 19 Fri Jul 2024 | 32.36 | 32.23 | 33.44 | 28.25 | 3.702 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 |
| 14 Wed Aug 2024 | 31.71 | 34.42 | 34.85 | 30.16 | 0.259 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Insteel Industries stock for short term is BUY. Signal strength is Weak and stock is gaining 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 in or above the red cloud Prices appear to be coming down
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Insteel Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 31.63 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Insteel Industries stock for short term is BUY. Signal strength is Weak and stock is gaining 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 in or above the red cloud Prices appear to be coming down
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Insteel Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 31.63 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.