(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 2024-12-10 View latest technical analysis
10 day averaged volume of Insteel Industries is 81923
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 29.66 | 30.25 | 30.29 | 29.18 | 2.057 times |
| 09 Mon Dec 2024 | 30.52 | 29.81 | 30.74 | 29.60 | 1.113 times |
| 05 Thu Dec 2024 | 29.42 | 29.67 | 29.74 | 29.42 | 0.052 times |
| 04 Wed Dec 2024 | 29.68 | 29.88 | 29.88 | 29.53 | 0.054 times |
| 03 Tue Dec 2024 | 29.89 | 29.76 | 29.89 | 29.53 | 0.156 times |
| 26 Tue Nov 2024 | 30.52 | 30.62 | 31.06 | 30.42 | 1.67 times |
| 26 Tue Nov 2024 | 30.52 | 30.62 | 31.06 | 30.42 | 1.67 times |
| 25 Mon Nov 2024 | 30.95 | 30.69 | 31.52 | 30.69 | 1.772 times |
| 22 Fri Nov 2024 | 30.47 | 30.19 | 30.57 | 30.19 | 1.156 times |
| 21 Thu Nov 2024 | 30.11 | 29.90 | 30.29 | 29.81 | 1.186 times |
Stock of Insteel Industries (IIIN) has showed a significant fall. This could be a good time to exit from this stock.
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 29.6 as stoploss in an intra day buy trade for a target of 30.01. However, stock will show a bearish move below 29.6.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 26.74 |
| Downside Target | 29.18 |
| 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 | 28.98 |
| Downside Intraday Target | 28.3 |
| Upside Intraday Target | 30.54 |
| Upside Intraday Target | 31.42 |
| Upside Intraday Target | 29.86 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 29.66 | 29.81 | 30.74 | 29.18 | 12.087 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 |
| 10 Tue Dec 2024 | 29.66 | 29.76 | 30.74 | 29.18 | 0.129 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Insteel Industries in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 30.36 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Insteel Industries in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 30.36 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.