Technical Analysis for IIIN - Insteel Industries, Inc.

Grade Last Price % Change Price Change
F 30.05 -2.94% -0.91
IIIN closed down 2.94 percent on Monday, July 1, 2024, on 83 percent of normal volume.
Earnings due: Jul 18
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Multiple of Ten Bullish Other 0.00%
BB Squeeze Started Range Contraction 0.00%
Gapped Down Weakness 0.00%
20 DMA Resistance Bearish -2.94%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.94%
MACD Bullish Signal Line Cross Bullish -2.94%

   Recent Intraday Alerts

Alert Time
Down 3% about 10 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Down 1 ATR about 10 hours ago
Non-ADX 1,2,3,4 Bearish Retracement Entry about 10 hours ago
Fell Below Previous Day's Low about 10 hours ago

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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 Concrete Drainage Composite Materials Rebar Related Applications Concrete Products Structural Engineering Precast Concrete Reinforced Concrete Steel Industries Markets Steel 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 39.2784
52 Week Low 26.7939
Average Volume 113,584
200-Day Moving Average 33.64
50-Day Moving Average 32.01
20-Day Moving Average 30.84
10-Day Moving Average 30.86
Average True Range 0.86
RSI (14) 40.48
ADX 17.49
+DI 20.06
-DI 29.32
Chandelier Exit (Long, 3 ATRs) 30.54
Chandelier Exit (Short, 3 ATRs) 32.34
Upper Bollinger Bands 32.07
Lower Bollinger Band 29.60
Percent B (%b) 0.18
BandWidth 7.98
MACD Line -0.49
MACD Signal Line -0.49
MACD Histogram -0.003
Fundamentals Value
Market Cap 584.42 Million
Num Shares 19.4 Million
EPS 1.15
Price-to-Earnings (P/E) Ratio 26.13
Price-to-Sales 1.18
Price-to-Book 2.13
PEG Ratio 2.34
Dividend 0.12
Dividend Yield 0.40%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.69
Resistance 3 (R3) 31.81 31.40 31.41
Resistance 2 (R2) 31.40 30.98 31.33 31.32
Resistance 1 (R1) 30.72 30.72 30.52 30.60 31.23
Pivot Point 30.31 30.31 30.20 30.24 30.31
Support 1 (S1) 29.63 29.89 29.43 29.51 28.87
Support 2 (S2) 29.22 29.63 29.15 28.78
Support 3 (S3) 28.54 29.22 28.69
Support 4 (S4) 28.42