INSTEEL INDUSTRIES INC (IIIN) Stock Technical Analysis
NYSE:IIIN - New York Stock Exchange, Inc. - US45774W1080 - Common Stock - Currency: USD
Overall IIIN gets a technical rating of 9 out of 10. 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 82% of 41 stocks in the same industry.
IIIN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IIIN is leading the market.
In the last month IIIN has a been trading in the 26.23 - 37.61 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, IIIN did better than 88% of all other 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
37.38
2 important support areas can be observed.
- Support @34.73 from a horizontal line in the daily time frame.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.88
Mansfield1.87
10 Day High37.61
10 Day Low33.15
20 Day High37.61
20 Day Low26.24
52 Week High37.61
52 Week Low22.49
Performance
1 Week6.53%
2 Weeks9.14%
1 Month37.79%
3 Month18.7%
6 Month22.83%
12 Month13.32%
2 Year23.66%
3 Year-10.63%
5 Year109.69%
10 Year86.45%
15 Year191.88%
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)0.2
RSI(14)78.52
LBB32.23
UBB37.6
37.01
-0.36 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.96%
1 Week6.53%
2 Weeks9.14%
1 Month37.79%
3 Month18.7%
6 Month22.83%
12 Month13.32%
2 Year23.66%
3 Year-10.63%
5 Year109.69%
10 Year86.45%
15 Year191.88%
Volatility
ATR(14)1.07
ATR(20)%3.55%
ATR Inc-14.79%
Range Today0.65
ADR(20)1.15
ADR(20)%3.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.88
Mansfield1.87
10 Day High37.61
10 Day Low33.15
20 Day High37.61
20 Day Low26.24
52 Week High37.61
52 Week Low22.49
CS1 End34.73
CR1 StartN/A
Volume & EV
DER(3)-0.53%
DER(5)-0.04%
Volume134.10K
Volume Incr-25.25%
Vol(5)152.02K
Vol(50)182.45K