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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Ingles Markets, Incorporated - Class A (NASDAQ:IMKTA)

Strong Downtrend (-100) - IMKTA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IMKTA continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid IMKTA?

MarketClub looks at technical strength and momentum to determine if the timing is right for IMKTA.

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NASDAQ_IMKTA
Open High Low IMKTA Price Change
73.0100 73.8062 72.7000 73.2100 +0.1100
Entry Signal

MarketClub’s Trade Triangles for IMKTA

long term down The long-term trend has been DOWN since Feb 9th, 2024 at 78.31

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 73.84

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 73.04

Smart Scan Analysis for IMKTA

Based on our trend formula, IMKTA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for IMKTA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.0100 73.8062 72.7000 73.2100 +0.1100
Prev. Close Volume Bid Ask Time
73.1000 53687 2024-04-24 15:59:00
Year High37.65Year High Date2018-08-27
Year Low27.9Year Low Date2018-05-10
52wk High94.417452wk High Date2023-04-28
52wk Low72.72552wk Low Date2024-04-16
Year End Close17.26Average Volume83,896
Shares Outstanding19,004Short Interest319,118
% Institutional34.7Market Cap861M
Assets245,885,687MLiabilities963,387,299M
P/E Ratio7.5213Beta1.01
Volatility37.18
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