INSTEEL INDUSTRIES INC (IIIN) Stock Technical Analysis
NYSE:IIIN - New York Stock Exchange, Inc. - US45774W1080 - Common Stock - Currency: USD
Taking everything into account, IIIN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IIIN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
IIIN is one of the better performing stocks in the Building Products industry, it outperforms 85% of 41 stocks in the same industry.
IIIN is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month IIIN has a been trading in the 22.49 - 35.33 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that IIIN is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although IIIN has an excellent technical rating, it 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.
More info and screens
23.80
35.38
We found 1 important support area.
- 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 35.03 to 35.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.93
Mansfield1.64
10 Day High35.33
10 Day Low29.01
20 Day High35.33
20 Day Low22.49
52 Week High35.52
52 Week Low22.49
Performance
1 Week6.12%
2 Weeks15.16%
1 Month42.18%
3 Month22.06%
6 Month28.51%
12 Month5.93%
2 Year17.01%
3 Year-15.43%
5 Year98.41%
10 Year76.42%
15 Year176.18%
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)
Technical Indicators
MACD(12,26,9)0.56
RSI(14)77.98
LBB26.16
UBB36.94
35.02
+1.21 (+3.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg3.58%
1 Week6.12%
2 Weeks15.16%
1 Month42.18%
3 Month22.06%
6 Month28.51%
12 Month5.93%
2 Year17.01%
3 Year-15.43%
5 Year98.41%
10 Year76.42%
15 Year176.18%
Volatility
ATR(14)1.42
ATR(20)%4.29%
ATR Inc-9.97%
Range Today1.34
ADR(20)1.34
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.93
Mansfield1.64
10 Day High35.33
10 Day Low29.01
20 Day High35.33
20 Day Low22.49
52 Week High35.52
52 Week Low22.49
CS1 End24.04
CR1 Start35.03
Volume & EV
DER(3)-0.16%
DER(5)-2.15%
Volume212.10K
Volume Incr-7.82%
Vol(5)187.18K
Vol(50)185.72K