Technical Analysis for IIIN - Insteel Industries, Inc.

Grade Last Price % Change Price Change
A 30.88 -0.64% -0.20
IIIN closed down 0.64 percent on Friday, February 26, 2021, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical IIIN trend table...

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week High Strength -0.64%
Overbought Stochastic Strength -0.64%
New 52 Week Closing High Bullish -3.17%
Expansion Breakout Bullish Swing Setup -3.17%
Pocket Pivot Bullish Swing Setup -3.17%
New 52 Week High Strength -3.17%
Overbought Stochastic Strength -3.17%
Upper Bollinger Band Touch Strength -3.17%
Older End-of-Day Signals for IIIN ...

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Alert Time
Down 2 % 1 day ago
Down 1% 1 day ago
Up 2% 1 day ago
Up 1% 1 day ago
Fell Below Previous Day's Low 1 day ago
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Profile

Insteel Industries, Inc. Description

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.


Classification

Sector: Industrials
Industry: Metal Fabrication
Keywords: Construction Building Materials Architecture Concrete Drainage Composite Materials Rebar Control Applications Related Applications Structural Engineering South America Concrete Products Precast Concrete Reinforced Concrete Steel Industries Markets Steel Pc Strand Prestressed 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 32.35
52 Week Low 10.0
Average Volume 83,309
200-Day Moving Average 21.45
50-Day Moving Average 26.28
20-Day Moving Average 28.85
10-Day Moving Average 30.28
Average True Range 1.21
ADX 40.96
+DI 31.82
-DI 11.87
Chandelier Exit (Long, 3 ATRs ) 28.73
Chandelier Exit (Short, 3 ATRs ) 28.62
Upper Bollinger Band 32.56
Lower Bollinger Band 25.13
Percent B (%b) 0.77
BandWidth 25.79
MACD Line 1.40
MACD Signal Line 1.29
MACD Histogram 0.1053
Fundamentals Value
Market Cap 594.77 Million
Num Shares 19.3 Million
EPS 0.98
Price-to-Earnings (P/E) Ratio 31.51
Price-to-Sales 1.05
Price-to-Book 1.86
PEG Ratio 1.74
Dividend 0.12
Dividend Yield 0.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 32.88
Resistance 3 (R3) 32.95 32.36 32.54
Resistance 2 (R2) 32.36 31.85 32.32 32.43
Resistance 1 (R1) 31.62 31.54 31.33 31.55 32.32
Pivot Point 31.03 31.03 30.88 30.99 31.03
Support 1 (S1) 30.29 30.52 30.00 30.22 29.44
Support 2 (S2) 29.70 30.21 29.66 29.33
Support 3 (S3) 28.96 29.70 29.22
Support 4 (S4) 28.89