(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 2024-10-28 View latest technical analysis
10 day averaged volume of Insteel Industries is 188930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 27.76 | 27.99 | 28.38 | 27.68 | 0.451 times |
| 25 Fri Oct 2024 | 27.82 | 28.62 | 28.72 | 27.80 | 0.449 times |
| 24 Thu Oct 2024 | 28.40 | 28.50 | 28.66 | 28.08 | 0.73 times |
| 23 Wed Oct 2024 | 28.45 | 27.06 | 28.47 | 27.05 | 1 times |
| 22 Tue Oct 2024 | 27.07 | 27.00 | 27.88 | 27.00 | 1.15 times |
| 21 Mon Oct 2024 | 26.91 | 27.35 | 27.78 | 26.74 | 1.109 times |
| 18 Fri Oct 2024 | 27.35 | 28.26 | 28.26 | 27.26 | 2.9 times |
| 17 Thu Oct 2024 | 28.05 | 28.37 | 28.99 | 26.87 | 1.18 times |
| 16 Wed Oct 2024 | 29.50 | 29.59 | 29.87 | 29.31 | 0.692 times |
| 15 Tue Oct 2024 | 29.51 | 29.68 | 30.05 | 29.45 | 0.429 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.9, but if it comes above 27.9, then a intra day buy could be more profitable.
If you take a sell trade below 27.9, then use 27.9 as stoploss and 26.6 as target. However if you take a buy trade in stock , then use 27.9 as stoploss and 28.93 as target.
Share price targets for Insteel Industries (IIIN)
| Target Type | Value |
| Downside Target | 26.74 |
| Downside Target | 27.68 |
| Upside Target | 28.25 |
| Upside Target | 30.14 |
| Upside Target | 30.16 |
| Upside Target | 30.98 |
| Upside Target | 31.17 |
| 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 | 27.5 |
| Downside Intraday Target | 27.24 |
| Upside Intraday Target | 28.2 |
| Upside Intraday Target | 28.64 |
| Upside Intraday Target | 27.94 |
Weekly technical analysis of Insteel Industries (IIIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 27.76 | 27.99 | 28.38 | 27.68 | 0.102 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 |
| 04 Fri Oct 2024 | 30.20 | 30.68 | 31.17 | 29.46 | 0.443 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 |
| 28 Mon Oct 2024 | 27.76 | 30.90 | 30.98 | 26.74 | 0.862 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 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 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 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.
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. 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 BUY signal in short term and the buying is gaining 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 27.82 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 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 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 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.
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. 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 BUY signal in short term and the buying is gaining 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 27.82 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.