(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 2024-10-21 View latest technical analysis
10 day averaged volume of Insteel Industries is 142060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 26.91 | 27.35 | 27.78 | 26.74 | 1.475 times |
| 18 Fri Oct 2024 | 27.35 | 28.26 | 28.26 | 27.26 | 3.857 times |
| 17 Thu Oct 2024 | 28.05 | 28.37 | 28.99 | 26.87 | 1.569 times |
| 16 Wed Oct 2024 | 29.50 | 29.59 | 29.87 | 29.31 | 0.92 times |
| 15 Tue Oct 2024 | 29.51 | 29.68 | 30.05 | 29.45 | 0.571 times |
| 14 Mon Oct 2024 | 29.63 | 29.61 | 29.72 | 29.24 | 0.48 times |
| 11 Fri Oct 2024 | 29.66 | 29.12 | 29.82 | 29.12 | 0.396 times |
| 10 Thu Oct 2024 | 29.24 | 29.16 | 29.72 | 29.04 | 0.68 times |
| 09 Wed Oct 2024 | 29.46 | 29.47 | 30.01 | 29.31 | 0.568 times |
| 08 Tue Oct 2024 | 29.51 | 29.89 | 30.00 | 29.35 | 0.488 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 27.2, for a target of 28.5 or 29.64
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 26.74 |
| Upside Target | 27.78 |
| Upside Target | 29.04 |
| Upside Target | 30.16 |
| Upside Target | 30.98 |
| Upside Target | 31.17 |
| Upside Target | 31.83 |
| Upside Target | 33.15 |
| 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 | 26.51 |
| Downside Intraday Target | 26.1 |
| Upside Intraday Target | 27.55 |
| Upside Intraday Target | 28.18 |
| Upside Intraday Target | 27.14 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 26.91 | 27.35 | 27.78 | 26.74 | 0.199 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 |
| 27 Fri Sep 2024 | 30.88 | 31.29 | 31.83 | 29.99 | 0.839 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 |
| 21 Mon Oct 2024 | 26.91 | 30.90 | 30.98 | 26.74 | 0.633 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 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 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 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 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 getting stronger in this stock.
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 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 28.19 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 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 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 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 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 getting stronger in this stock.
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 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 28.19 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.