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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Long-Term Downtrend (-90) - IMKTA is in a strong downtrend that is likely to continue. While IMKTA is showing intraday strength, it remains in the confines of a bearish trend. 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
65.15 65.89 64.61 65.69 +0.16
Entry Signal

MarketClub’s Trade Triangles for IMKTA

long term down The long-term trend has been DOWN since Oct 2nd, 2024 at 67.2901

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 68.5550

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 69.2200

Smart Scan Analysis for IMKTA

Based on our trend formula, IMKTA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for IMKTA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.15 65.89 64.61 65.69 +0.16
Prev. Close Volume Bid Ask Time
65.53 32599 2024-12-26 14:20:00
Year High37.65Year High Date2018-08-27
Year Low27.9Year Low Date2018-05-10
52wk High89.590652wk High Date2024-01-03
52wk Low59.7352wk Low Date2024-10-10
Year End Close17.26Average Volume128,344
Shares Outstanding19,012Short Interest319,118
% Institutional34.7Market Cap861M
Assets254,572,155MLiabilities991,887,309M
P/E Ratio7.803Beta1.01
Volatility37.18
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