IIIN – 30-Min Short Trade Setup !📉 🔻
Ticker: IIIN (NYSE)
Pattern: Rising Wedge Breakdown (Bearish Pattern)
Volume: Weak near resistance zone
💼 Trade Plan – Short Position
🚫 Entry: $32.58 (Near wedge resistance + rejection candle)
✅ Stop-Loss: $33.69 (Above wedge and resistance wick)
🎯 Targets:
📌 TP1: $30.93 – First structure supp
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1.0 EUR
17.34 M EUR
475.29 M EUR
18.45 M
About Insteel Industries, Inc.
Sector
Industry
CEO
Howard Osler Woltz
Website
Headquarters
Mount Airy
Founded
1953
FIGI
BBG000L3YKR8
Insteel Industries, Inc. engages in the manufacture of steel wire reinforcing products for concrete construction applications. It offers engineering services, welded wire, personal computer strand, drawn wire, and formed wire. It operates through the United States and Foreign geographical segments. The company was founded by Howard Osler Woltz, Jr. in 1953 and is headquartered in Mount Airy, NC.
Buying This Stock @ 34.65This stock is at a major support on the 200-day moving average also you can see the support level by looking at the MACD histogram which is in red color.
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It is clear that this stock is in an uptrend and a reverse.
Learning how to see this you need to learn the Rocket booster strategy
in order to
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Frequently Asked Questions
Depending on the exchange, the stock ticker may vary. For instance, on FWB exchange INSTEEL INDS INC. stocks are traded under the ticker HZ8.
We've gathered analysts' opinions on INSTEEL INDS INC. future price: according to them, HZ8 price has a max estimate of 34.32 EUR and a min estimate of 34.32 EUR. Watch HZ8 chart and read a more detailed INSTEEL INDS INC. stock forecast: see what analysts think of INSTEEL INDS INC. and suggest that you do with its stocks.
Yes, you can track INSTEEL INDS INC. financials in yearly and quarterly reports right on TradingView.
INSTEEL INDS INC. is going to release the next earnings report on Jul 17, 2025. Keep track of upcoming events with our Earnings Calendar.
HZ8 earnings for the last quarter are 0.48 EUR per share, whereas the estimation was 0.27 EUR resulting in a 79.31% surprise. The estimated earnings for the next quarter are 0.60 EUR per share. See more details about INSTEEL INDS INC. earnings.
INSTEEL INDS INC. revenue for the last quarter amounts to 148.50 M EUR, despite the estimated figure of 138.51 M EUR. In the next quarter, revenue is expected to reach 151.92 M EUR.
HZ8 net income for the last quarter is 9.46 M EUR, while the quarter before that showed 1.04 M EUR of net income which accounts for 805.56% change. Track more INSTEEL INDS INC. financial stats to get the full picture.
Yes, HZ8 dividends are paid quarterly. The last dividend per share was 0.03 EUR. As of today, Dividend Yield (TTM)% is 0.35%. Tracking INSTEEL INDS INC. dividends might help you take more informed decisions.
INSTEEL INDS INC. dividend yield was 0.39% in 2024, and payout ratio reached 12.17%. The year before the numbers were 0.37% and 7.24% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Jun 14, 2025, the company has 929 employees. See our rating of the largest employees — is INSTEEL INDS INC. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. INSTEEL INDS INC. EBITDA is 41.17 M EUR, and current EBITDA margin is 6.70%. See more stats in INSTEEL INDS INC. financial statements.
Like other stocks, HZ8 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade INSTEEL INDS INC. stock right from TradingView charts — choose your broker and connect to your account.