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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IMKTA
The long-term trend has been DOWN since Feb 9th, 2024 at 78.31
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 73.84
The short-term trend has been DOWN since Apr 2nd, 2024 at 74.95
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 |
|---|---|---|---|---|
| 72.9900 | 73.5164 | 72.9900 | 73.4000 | +0.3000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 73.3600 | 39656 | 2024-04-18 15:59:00 |
| Year High | 37.65 | Year High Date | 2018-08-27 |
| Year Low | 27.9 | Year Low Date | 2018-05-10 |
| 52wk High | 94.68 | 52wk High Date | 2023-04-24 |
| 52wk Low | 72.725 | 52wk Low Date | 2024-04-16 |
| Year End Close | 17.26 | Average Volume | 85,655 |
| Shares Outstanding | 19,004 | Short Interest | 319,118 |
| % Institutional | 34.7 | Market Cap | 861M |
| Assets | 245,885,687M | Liabilities | 963,387,299M |
| P/E Ratio | 7.5481 | Beta | 1.01 |
| Volatility | 37.18 |