INSTEEL INDUSTRIES INC (IIIN) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:IIIN • US45774W1080
Taking everything into account, IIIN scores 5 out of 10 in our technical rating. In the past year, IIIN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- IIIN is one of the better performing stocks in the Building Products industry, it outperforms 80% of 42 stocks in the same industry.
- In the last month IIIN has a been trading in the 30.49 - 34.49 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, IIIN did better than 77% of all other 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 currently trading near new highs, so IIIN is lagging the market.
Although the technical rating is only medium, IIIN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.44. Right above this resistance zone may be a good entry point.
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29.77
When analyzing the support we can see 5 important areas.
- A support zone ranging from 34.44 to 34.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.12 to 33.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.21 to 32.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.68 from a horizontal line in the daily time frame.
- 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.
When analyzing the resistance we notice one important area.
- Resistance @39.67 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for IIIN is up. |
| ChartMill Relative Strength | 77.48 | POSITIVE | IIIN has a high relative strength, it outperformed 77.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IIIN is above 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) | UP | MIXED | The current price of IIIN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.29 | NEUTRAL | The RSI value for IIIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IIIN has a positive trend. |
| Stochastics (14,3) | 75.15 | NEUTRAL | The Stochastics value for IIIN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for IIIN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.16 | NEGATIVE | The low ADX value for IIIN suggests a weak or negative trend. |
NYSE:IIIN (2/3/2026, 2:48:49 PM)
34.86
+0.43 (+1.25%)
INSTEEL INDUSTRIES INC / IIIN FAQ
Can you provide the ChartMill technical rating for INSTEEL INDUSTRIES INC?
ChartMill assigns a technical rating of 5 / 10 to IIIN.
What is the trend direction for IIIN stock?
The current trend direction for INSTEEL INDUSTRIES INC (IIIN) is Bearish.
What is the RSI signal for IIIN stock?
INSTEEL INDUSTRIES INC (IIIN) has an RSI value of 59.2911. 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 33.23 and a resistance level at 34.44. Check the full technical report for our detailed analysis of IIIN support and resistance levels.