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Stock Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

Insteel Industries, Inc. (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.

Open High Low IIIN Price Change
32.29 33.00 32.21 32.81 +0.91
Entry Signal

MarketClub’s Trade Triangles for IIIN

long term up The long-term trend has been UP since May 23rd, 2023 at 31.460

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2023 at 32.425

short term up The short-term trend has been UP since Sep 27th, 2023 at 32.070

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).

Smart Scan Analysis for IIIN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.29 33.00 32.21 32.81 +0.91
Prev. Close Volume Bid Ask Time
31.90 18508 2023-09-27 12:01:10
52wk High35.852wk High Date2023-09-01
52wk Low23.99552wk Low Date2022-10-21
Average Volume94,900Shares Outstanding19,433
P/E Ratio12.2222
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