INSTEEL INDUSTRIES INC (IIIN) Technical Analysis
NYSE:IIIN • US45774W1080
Current stock price
33.81 USD
-0.35 (-1.02%)
At close:
33.81 USD
0 (0%)
After Hours:
IIIN Technical Rating and Analysis
Taking everything into account, IIIN scores 4 out of 10 in our technical rating. In the last year, IIIN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- IIIN is one of the better performing stocks in the Building Products industry, it outperforms 87% of 42 stocks in the same industry.
- In the last month IIIN has a been trading in the 30.07 - 34.68 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that IIIN is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- IIIN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IIIN is lagging the market slightly.
IIIN Weekly and Daily overview Charts
IIIN Setup Rating and Analysis
IIIN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for IIIN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
IIIN Support and Resistance Analysis
29.77
39.20
We found 1 important support area.
- A support zone ranging from 30.07 to 30.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 37.87 to 38.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.81 from a horizontal line in the daily time frame.
IIIN 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for IIIN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IIIN is neutral. |
| ChartMill Relative Strength | 77.34 | POSITIVE | IIIN has a high relative strength, it outperformed 77.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IIIN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IIIN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IIIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.26 | NEUTRAL | The RSI value for IIIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests IIIN has a positive trend. |
| Stochastics (14,3) | 85.75 | OVERBOUGHT | The high Stochastics value suggests IIIN may be overbought. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for IIIN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for IIIN suggests a possible start of a new trend. |
IIIN 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)
IIIN Technicals: Chart, Performance Metrics, Trend & Indicators
33.81
-0.35 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-1.02%
1 Week1.02%
2 Weeks8.33%
1 Month-3.23%
3 Month4.32%
6 Month-12.88%
12 Month40.29%
2 Year5.33%
3 Year22.81%
5 Year-11.33%
10 Year16.63%
15 Year126.46%
Volatility
ATR(14)1.12
ATR(20)%3.39%
ATR Inc-3.35%
Range Today0.9
ADR(20)1.02
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.34
3 months CRS76.39
6 months CRS28.46
Mansfield-0.48
10 Day High34.68
10 Day Low30.07
20 Day High34.68
20 Day Low30.07
52 Week High41.64
52 Week Low22.49
CS1 End30.57
CR1 Start37.87
Volume & EV
DER(3)3.22%
DER(5)3.61%
Volume73.30K
Volume Incr-39.7%
Vol(5)106.42K
Vol(50)145.13K
INSTEEL INDUSTRIES INC / IIIN TA FAQ
Can you provide the ChartMill technical rating for INSTEEL INDUSTRIES INC?
ChartMill assigns a technical rating of 4 / 10 to IIIN.
Can you provide the trend direction for INSTEEL INDUSTRIES INC?
The current trend direction for INSTEEL INDUSTRIES INC (IIIN) is Bearish.
What is the RSI signal for INSTEEL INDUSTRIES INC (IIIN) stock?
INSTEEL INDUSTRIES INC (IIIN) has an RSI value of 51.2603. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INSTEEL INDUSTRIES INC?
The short term momentum for INSTEEL INDUSTRIES INC (IIIN) is neutral.