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Stock Trend Analysis Report

Prepared for you on Sunday, April 18, 2021.

INSTEEL INDUSTRIES (NYSE:IIIN)

Sidelines Mode (-55) - IIIN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NYSE_IIIN
Open High Low IIIN Price Change
31.49 32.12 31.25 32.03 +0.87
Entry Signal

MarketClub’s Trade Triangles for IIIN

long term down The long-term trend has been DOWN since Mar 19th, 2021 at 36.6596

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2021 at 36.6596

short term up The short-term trend has been UP since Apr 16th, 2021 at 32.0700

Smart Scan Analysis for IIIN

Based on our trend formula, IIIN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for IIIN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.49 32.12 31.25 32.03 +0.87
Prev. Close Volume Bid Ask Time
32.01 46726 2021-04-16 15:59:26
52wk High38.9652wk High Date2021-03-12
52wk Low13.5452wk Low Date2020-05-14
Average Volume124,380Shares Outstanding19,314
P/E Ratio22.7445
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