(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 2024-11-07 View latest technical analysis
10 day averaged volume of Insteel Industries is 104120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 29.29 | 29.95 | 29.95 | 29.19 | 0.904 times |
| 06 Wed Nov 2024 | 30.03 | 29.30 | 30.35 | 29.23 | 1.979 times |
| 05 Tue Nov 2024 | 27.75 | 27.14 | 27.87 | 27.14 | 0.812 times |
| 04 Mon Nov 2024 | 27.27 | 27.15 | 27.80 | 27.15 | 0.689 times |
| 01 Fri Nov 2024 | 27.25 | 27.13 | 27.38 | 26.96 | 0.911 times |
| 31 Thu Oct 2024 | 26.97 | 27.71 | 27.71 | 26.97 | 0.892 times |
| 30 Wed Oct 2024 | 27.46 | 27.38 | 28.13 | 27.38 | 0.826 times |
| 29 Tue Oct 2024 | 27.49 | 27.38 | 27.82 | 27.35 | 0.933 times |
| 28 Mon Oct 2024 | 27.76 | 27.99 | 28.38 | 27.68 | 0.818 times |
| 25 Fri Oct 2024 | 27.82 | 28.62 | 28.72 | 27.80 | 0.815 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.2, but if it comes below 29.2, then a intra day sell could be more profitable.
If you take a sell trade below 29.2, then use 29.2 as stoploss and 28.18 as target. However if you take a buy trade in stock , then use 29.2 as stoploss and 30.4 as target.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 26.74 |
| Downside Target | 28.25 |
| Upside Target | 29.73 |
| Upside Target | 30.14 |
| Upside Target | 30.16 |
| Upside Target | 30.35 |
| 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 | 27.5 |
| Downside Intraday Target | 25.72 |
| Upside Intraday Target | 30.71 |
| Upside Intraday Target | 32.14 |
| Downside Intraday Target | 28.93 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 29.29 | 27.15 | 30.35 | 27.14 | 1.001 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 |
| 11 Fri Oct 2024 | 29.66 | 29.93 | 30.14 | 29.04 | 0.863 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 |
| 07 Thu Nov 2024 | 29.29 | 27.13 | 30.35 | 26.96 | 0.186 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 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 to mid 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 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 28.17 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 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 to mid 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 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 28.17 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.