INSTEEL INDUSTRIES INC (IIIN) Technical Analysis
NYSE:IIIN • US45774W1080
Taking everything into account, IIIN scores 8 out of 10 in our technical rating. In the last year, IIIN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that IIIN is one of the better performing stocks in the market, outperforming 81% of all stocks.
- IIIN is one of the better performing stocks in the Building Products industry, it outperforms 82% of 42 stocks in the same industry.
- IIIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IIIN is lagging the market.
- In the last month IIIN has a been trading in the 34.57 - 38.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, IIIN also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.87. Right above this resistance zone may be a good entry point.
More info and screens
31.36
3 important support areas can be observed.
- Support @35.82 from a horizontal line in the daily time frame.
- A support zone ranging from 33.15 to 33.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @37.87 from a horizontal line in the daily time frame.
- Resistance @38.81 from a horizontal line in the daily time frame.
- 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.
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 | UP | POSITIVE | The long term trend for IIIN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IIIN is neutral. |
| ChartMill Relative Strength | 81.68 | POSITIVE | IIIN has a high relative strength, it outperformed 81.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IIIN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IIIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IIIN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.72 | NEUTRAL | The RSI value for IIIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests IIIN has a negative trend. |
| Stochastics (14,3) | 35.17 | NEUTRAL | The Stochastics value for IIIN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for IIIN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.87 | NEUTRAL | The ADX value for IIIN suggests a possible start of a new trend. |
IIIN Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:IIIN (3/5/2026, 10:22:31 AM)
35.84
-0.39 (-1.08%)
INSTEEL INDUSTRIES INC / IIIN FAQ
Can you provide the ChartMill technical rating for INSTEEL INDUSTRIES INC?
ChartMill assigns a technical rating of 8 / 10 to IIIN.
What is the trend direction for IIIN stock?
The current trend direction for INSTEEL INDUSTRIES INC (IIIN) is Bullish.
What is the RSI signal for IIIN stock?
INSTEEL INDUSTRIES INC (IIIN) has an RSI value of 50.7209. This indicates that the stock is currently neutral.
What is the support and resistance level for IIIN stock?
INSTEEL INDUSTRIES INC (IIIN) has a support level at 36.22 and a resistance level at 37.87. Check the full technical report for our detailed analysis of IIIN support and resistance levels.