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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Insteel Industries, Inc. (NYSE:IIIN)
Countertrend Down (-85) - IIIN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 UP since Apr 22nd, 2024 at 33.75
Smart Scan Analysis for IIIN
Based on our trend formula, IIIN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.700 | 35.085 | 34.380 | 34.420 | -0.440 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.860 | 8537 | 2024-04-24 10:52:10 |
| 52wk High | 39.38 | 52wk High Date | 2023-12-27 |
| 52wk Low | 26.865 | 52wk Low Date | 2023-10-27 |
| Average Volume | 71,131 | Shares Outstanding | 19,448 |
| Assets | 390,568,000M | Liabilities | 56,973,000M |
| P/E Ratio | 30.313 |