(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 2024-12-09 View latest technical analysis
10 day averaged volume of Insteel Industries is 83938
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 30.52 | 29.81 | 30.74 | 29.60 | 1.086 times |
| 05 Thu Dec 2024 | 29.42 | 29.67 | 29.74 | 29.42 | 0.051 times |
| 04 Wed Dec 2024 | 29.68 | 29.88 | 29.88 | 29.53 | 0.053 times |
| 03 Tue Dec 2024 | 29.89 | 29.76 | 29.89 | 29.53 | 0.153 times |
| 26 Tue Nov 2024 | 30.52 | 30.62 | 31.06 | 30.42 | 1.63 times |
| 26 Tue Nov 2024 | 30.52 | 30.62 | 31.06 | 30.42 | 1.63 times |
| 25 Mon Nov 2024 | 30.95 | 30.69 | 31.52 | 30.69 | 1.73 times |
| 22 Fri Nov 2024 | 30.47 | 30.19 | 30.57 | 30.19 | 1.128 times |
| 21 Thu Nov 2024 | 30.11 | 29.90 | 30.29 | 29.81 | 1.158 times |
| 20 Wed Nov 2024 | 29.77 | 29.42 | 29.95 | 29.42 | 1.143 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 30.5, but if it comes below 30.5, then a intra day sell could be more profitable.
If you take a sell trade below 30.5, then use 30.5 as stoploss and 30.02 as target. However if you take a buy trade in stock , then use 30.5 as stoploss and 31 as target.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 26.74 |
| Downside Target | 29.19 |
| Upside Target | 30.57 |
| Upside Target | 30.74 |
| Upside Target | 30.98 |
| Upside Target | 31.06 |
| Upside Target | 31.52 |
| Upside Target | 34.13 |
| Upside Target | 34.85 |
Intraday share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Intraday Target | 29.83 |
| Downside Intraday Target | 29.15 |
| Upside Intraday Target | 30.97 |
| Upside Intraday Target | 31.43 |
| Downside Intraday Target | 30.29 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 30.52 | 29.81 | 30.74 | 29.60 | 4.243 times |
| 05 Thu Dec 2024 | 29.42 | 29.76 | 29.89 | 29.42 | 0.157 times |
| 26 Tue Nov 2024 | 30.52 | 30.62 | 31.06 | 30.42 | 0.485 times |
| 26 Tue Nov 2024 | 30.52 | 30.69 | 31.52 | 30.42 | 0.592 times |
| 22 Fri Nov 2024 | 30.47 | 30.14 | 30.57 | 29.19 | 0.784 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 |
| 09 Mon Dec 2024 | 30.52 | 29.76 | 30.74 | 29.42 | 0.052 times |
| 26 Tue Nov 2024 | 30.52 | 27.13 | 31.52 | 26.96 | 0.734 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 |
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Insteel Industries in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 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 30.43 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Insteel Industries in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 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 30.43 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.