Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Ingles Markets, Incorporated - Class A (NASDAQ:IMKTA)
Long-Term Uptrend (+90) - IMKTA is in a strong uptrend that is likely to continue. While IMKTA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IMKTA
The long-term trend has been UP since Dec 4th, 2023 at 83.15
The intermediate-term trend has been UP since Oct 3rd, 2023 at 77.82
The short-term trend has been UP since Nov 30th, 2023 at 81.82
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 84.68 | 86.30 | 84.66 | 84.92 | +0.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 84.82 | 34771 | 2023-12-08 15:58:00 |
| Year High | 37.65 | Year High Date | 2018-08-27 |
| Year Low | 27.9 | Year Low Date | 2018-05-10 |
| 52wk High | 102.99 | 52wk High Date | 2022-12-13 |
| 52wk Low | 73.38 | 52wk Low Date | 2023-09-07 |
| Year End Close | 17.26 | Average Volume | 64,602 |
| Shares Outstanding | 18,994 | Short Interest | 319,118 |
| % Institutional | 34.7 | Market Cap | 861M |
| Assets | 240,715,337M | Liabilities | 999,834,799M |
| P/E Ratio | 7.0491 | Beta | 1.01 |
| Volatility | 37.18 |