(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.
10 day averaged volume of Insteel Industries is 90870
Date | Daily Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 32.39 | 32.05 | 32.68 | 31.70 | 1.415 times |
25 Thu Apr 2024 | 31.73 | 34.44 | 35.02 | 31.26 | 2.131 times |
24 Wed Apr 2024 | 34.12 | 35.00 | 35.09 | 33.81 | 1.058 times |
23 Tue Apr 2024 | 34.86 | 33.73 | 35.41 | 33.73 | 1.049 times |
22 Mon Apr 2024 | 33.62 | 33.55 | 34.20 | 33.33 | 0.753 times |
19 Fri Apr 2024 | 33.55 | 32.91 | 33.65 | 32.91 | 0.776 times |
18 Thu Apr 2024 | 32.97 | 32.96 | 33.75 | 32.75 | 0.912 times |
17 Wed Apr 2024 | 32.75 | 33.54 | 33.54 | 32.43 | 0.963 times |
16 Tue Apr 2024 | 33.16 | 33.90 | 33.90 | 33.15 | 0.931 times |
15 Mon Apr 2024 | 34.12 | 34.58 | 34.58 | 33.63 | 0.682 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33, but if it comes above 33, then a intra day buy could be more profitable.
If you take a sell trade below 33, then use 33 as stoploss and 31 as target. However if you take a buy trade in stock , then use 33 as stoploss and 34.71 as target.
Share price targets for Insteel Industries (IIIN)
Target Type | Value |
Downside Target | 31.26 |
Upside Target | 33.64 |
Upside Target | 34.58 |
Upside Target | 35.41 |
Upside Target | 36.73 |
Upside Target | 37.50 |
Upside Target | 38.14 |
Upside Target | 38.32 |
Upside Target | 38.39 |
Upside Target | 38.40 |
Upside Target | 39.38 |
Intraday share price targets for Insteel Industries (IIIN)
Target Type | Value |
Downside Intraday Target | 30.63 |
Downside Intraday Target | 28.87 |
Upside Intraday Target | 34.78 |
Upside Intraday Target | 37.17 |
Upside Intraday Target | 33.02 |
Weekly technical analysis of Insteel Industries (IIIN)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 32.39 | 33.55 | 35.41 | 31.26 | 1.502 times |
19 Fri Apr 2024 | 33.55 | 34.58 | 34.58 | 32.43 | 1.141 times |
12 Fri Apr 2024 | 34.42 | 37.24 | 37.32 | 33.89 | 1.03 times |
05 Fri Apr 2024 | 36.95 | 38.40 | 38.40 | 35.78 | 1.471 times |
28 Thu Mar 2024 | 38.22 | 37.37 | 38.32 | 36.73 | 0.64 times |
Price has moved down 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 |
26 Fri Apr 2024 | 32.39 | 38.40 | 38.40 | 31.26 | 0.868 times |
28 Thu Mar 2024 | 38.22 | 36.53 | 38.39 | 33.70 | 1.426 times |
29 Thu Feb 2024 | 36.41 | 34.91 | 37.50 | 33.64 | 0.555 times |
31 Wed Jan 2024 | 34.63 | 37.84 | 38.14 | 32.80 | 0.7 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 losing momentum.
MACD generated a SELL signal for Insteel Industries in short term and the sell signal is strong.
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 moving up
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 33.1 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Insteel Industries ( (IIIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 losing momentum.
MACD generated a SELL signal for Insteel Industries in short term and the sell signal is strong.
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 moving up
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 33.1 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.