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INSTEEL INDUSTRIES INC (IIIN) Stock Technical Analysis

NYSE:IIIN - New York Stock Exchange, Inc. - US45774W1080 - Common Stock - Currency: USD

35.78  -1.77 (-4.71%)

After market: 35.78 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to IIIN. IIIN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month IIIN has a been trading in the 35.37 - 41.64 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
IIIN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IIIN is lagging the market slightly.
When compared to the yearly performance of all other stocks, IIIN outperforms 51% of them, which is more or less in line with the market.
IIIN is part of the Building Products industry. There are 41 other stocks in this industry, IIIN did better than 62% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
INSTEEL INDUSTRIES INC / IIIN Weekly stock chart
INSTEEL INDUSTRIES INC / IIIN Daily stock chart
Setup Rating and Analysis

3

IIIN has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

23.80

40.08

We found 2 important support areas.

  • A support zone ranging from 34.64 to 34.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 24.04 to 24.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 39.61 to 39.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for IIIN is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for IIIN is neutral.
ChartMill Relative Strength51.45NEUTRALIIIN is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of IIIN is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of IIIN is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of IIIN is above the rising SMA(200).
Relative Strength Index/RSI (14)41.66NEUTRALThe RSI value for IIIN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.37NEGATIVEThe MACD value suggests IIIN has a negative trend.
Stochastics (14,3)22.12NEUTRALThe Stochastics value for IIIN is a neutral value.
Average True Range in percent/ATR (20)3.8MEDIUM VOLATILITYThe ATR as a percentage value for IIIN suggests some volalility.
Average Directional Index/ADX (14)39.19POSITIVEThe high ADX value value for IIIN suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
INSTEEL INDUSTRIES INC / IIIN Daily stock chart

INSTEEL INDUSTRIES INC

NYSE:IIIN (7/24/2025, 7:33:31 PM)

After market: 35.78 0 (0%)

35.78

-1.77 (-4.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-4.71%
1 Week-0.83%
2 Weeks-9.81%
1 Month-0.91%
3 Month8.42%
6 Month24.24%
12 Month3.08%
2 Year10.95%
3 Year14.31%
5 Year91.95%
10 Year118.97%
15 Year285.15%
Volatility
ATR(14)1.46
ATR(20)%3.8%
ATR Inc0.72%
Range Today1.56
ADR(20)1.32
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.45
Mansfield0.57
10 Day High41.64
10 Day Low35.37
20 Day High41.64
20 Day Low35.37
52 Week High41.64
52 Week Low22.49
CS1 End34.64
CR1 Start39.61
Volume & EV
DER(3)-2.77%
DER(5)-1.48%
Volume134.45K
Volume Incr37.8%
Vol(5)215.94K
Vol(50)142.19K