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Stock Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

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

Bull Market Weakness (+75) - IMKTA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IMKTA as it may be in the beginning stages of a reversal.

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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_IMKTA
Open High Low IMKTA Price Change
73.37 74.21 72.94 73.68 +0.65
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 up The intermediate-term trend has been UP since Jul 11th, 2024 at 71.07

short term up The short-term trend has been UP since Jul 8th, 2024 at 68.96

Smart Scan Analysis for IMKTA

Based on our trend formula, IMKTA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for IMKTA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.37 74.21 72.94 73.68 +0.65
Prev. Close Volume Bid Ask Time
73.03 59799 2024-07-12 15:58:00
Year High37.65Year High Date2018-08-27
Year Low27.9Year Low Date2018-05-10
52wk High89.590652wk High Date2024-01-03
52wk Low67.152wk Low Date2024-06-14
Year End Close17.26Average Volume108,366
Shares Outstanding19,004Short Interest319,118
% Institutional34.7Market Cap861M
Assets248,630,769MLiabilities960,865,224M
P/E Ratio7.8798Beta1.01
Volatility37.18
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