Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IIIN
The long-term trend has been UP since May 23rd, 2023 at 31.460
The intermediate-term trend has been DOWN since Sep 20th, 2023 at 32.425
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).
| 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 High | 35.8 | 52wk High Date | 2023-09-01 |
| 52wk Low | 23.995 | 52wk Low Date | 2022-10-21 |
| Average Volume | 94,900 | Shares Outstanding | 19,433 |
| Assets | 445,382,000M | Liabilities | 70,316,000M |
| P/E Ratio | 12.2222 |