Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Insteel Industries, Inc. (NYSE:IIIN)
Bear Market Rally (-75) - IIIN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IIIN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid IIIN?
MarketClub looks at technical strength and momentum to determine if the timing is right for IIIN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IIIN
The long-term trend has been DOWN since Apr 17th, 2024 at 32.80
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 35.12
The short-term trend has been DOWN since May 8th, 2024 at 32.92
Smart Scan Analysis for IIIN
Based on our trend formula, IIIN is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.33 | 33.53 | 32.73 | 33.37 | -0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.35 | 53249 | 2024-05-08 15:59:44 |
| 52wk High | 39.38 | 52wk High Date | 2023-12-27 |
| 52wk Low | 26.865 | 52wk Low Date | 2023-10-27 |
| Average Volume | 92,774 | Shares Outstanding | 19,475 |
| Assets | 397,227,000M | Liabilities | 56,606,000M |
| P/E Ratio | 27.0403 |