Technical Analysis for IIIN - Insteel Industries, Inc.

Grade Last Price % Change Price Change
grade B 19.85 2.96% 0.57
IIIN closed up 2.96 percent on Friday, August 7, 2020, on 69 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical IIIN trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
20 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Crossed Above 200 DMA Bullish 2.96%
Crossed Above 20 DMA Bullish 2.96%
Bollinger Band Squeeze Range Contraction 2.96%
Narrow Range Bar Range Contraction 2.96%

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Profile

Insteel Industries, Inc. manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a high strength seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which provides reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR is produced as a standard or specially engineered reinforcing product for use in nonresidential and residential construction. Its WWR products include engineered structural mesh that is used as the primary reinforcement for concrete elements or structures; concrete pipe reinforcement, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. Insteel Industries, Inc. sells its products through sales representatives to the manufacturers of concrete products, distributors, and rebar fabricators in the United States, Canada, Mexico, and Central and South America. The company was founded in 1958 and is headquartered in Mount Airy, North Carolina.
Construction Materials Building Materials Architecture Concrete Composite Materials Central South America Rebar Concrete Products Structural Engineering Precast Concrete Prestressed Concrete Reinforced Concrete Sewage Systems

Is IIIN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.61
52 Week Low 10.0
Average Volume 88,822
200-Day Moving Average 19.24
50-Day Moving Average 18.74
20-Day Moving Average 19.31
10-Day Moving Average 19.14
Average True Range 0.82
ADX 15.25
+DI 21.73
-DI 15.66
Chandelier Exit (Long, 3 ATRs ) 18.41
Chandelier Exit (Short, 3 ATRs ) 20.27
Upper Bollinger Band 20.11
Lower Bollinger Band 18.50
Percent B (%b) 0.84
BandWidth 8.34
MACD Line 0.19
MACD Signal Line 0.21
MACD Histogram -0.0274
Fundamentals Value
Market Cap 377.64 Million
Num Shares 19 Million
EPS 1.49
Price-to-Earnings (P/E) Ratio 13.32
Price-to-Sales 1.34
Price-to-Book 2.41
PEG Ratio 1.30
Dividend 0.12
Dividend Yield 0.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.87
Resistance 3 (R3) 20.76 20.31 20.70
Resistance 2 (R2) 20.31 20.05 20.37 20.64
Resistance 1 (R1) 20.08 19.89 20.20 20.19 20.59
Pivot Point 19.63 19.63 19.69 19.69 19.63
Support 1 (S1) 19.40 19.37 19.52 19.51 19.11
Support 2 (S2) 18.95 19.21 19.01 19.06
Support 3 (S3) 18.72 18.95 19.00
Support 4 (S4) 18.83