INSTEEL INDUSTRIES INC (IIIN) Stock Technical Analysis
NYSE:IIIN - New York Stock Exchange, Inc. - US45774W1080 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to IIIN. Recently some decent action could be observed, but in the medium term time frame this is still negative. IIIN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, IIIN is a bad performer in the overall market: 78% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
IIIN is part of the Building Products industry. There are 40 other stocks in this industry, IIIN did better than 46% of them.
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 27.54 - 31.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IIIN has an average technical rating and the quality of the presented setup is also not ideal 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
27.59
34.32
When analyzing the support we notice one important area.
- A support zone ranging from 27.87 to 28.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 30.11 to 30.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.95 to 31.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.98 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.27
Mansfield-1.38
10 Day High31.73
10 Day Low27.54
20 Day High31.73
20 Day Low27.54
52 Week High38.4
52 Week Low23.6
Performance
1 Week-5.51%
2 Weeks3.26%
1 Month0.66%
3 Month-4.27%
6 Month-14%
12 Month-17.06%
2 Year-1.95%
3 Year-21.4%
5 Year46.66%
10 Year34.36%
15 Year187.39%
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)0.02
RSI(14)50.25
LBB27.21
UBB32.14
29.17
-0.78 (-2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-2.6%
1 Week-5.51%
2 Weeks3.26%
1 Month0.66%
3 Month-4.27%
6 Month-14%
12 Month-17.06%
2 Year-1.95%
3 Year-21.4%
5 Year46.66%
10 Year34.36%
15 Year187.39%
Volatility
ATR(14)0.99
ATR(20)%3.2%
ATR Inc19.7%
Range Today1.14
ADR(20)0.9
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.27
Mansfield-1.38
10 Day High31.73
10 Day Low27.54
20 Day High31.73
20 Day Low27.54
52 Week High38.4
52 Week Low23.6
CS1 End28.67
CR1 Start30.11
Volume & EV
DER(3)-0.35%
DER(5)1.58%
Volume107.80K
Volume Incr-44.38%
Vol(5)119.92K
Vol(50)177.71K