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Stock Trend Analysis Report

Prepared for you on Friday, May 3, 2024.

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

Countertrend Down (-85) - IMKTA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

NASDAQ_IMKTA
Open High Low IMKTA Price Change
72.770 73.166 72.150 72.300 -0.400
Entry Signal

MarketClub’s Trade Triangles for IMKTA

long term down The long-term trend has been DOWN since Feb 9th, 2024 at 78.3100

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 73.8400

short term up The short-term trend has been UP since May 3rd, 2024 at 72.9899

Smart Scan Analysis for IMKTA

Based on our trend formula, IMKTA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IMKTA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.770 73.166 72.150 72.300 -0.400
Prev. Close Volume Bid Ask Time
72.700 52795 2024-05-03 14:58:00
Year High37.65Year High Date2018-08-27
Year Low27.9Year Low Date2018-05-10
52wk High90.5252wk High Date2023-05-04
52wk Low71.752wk Low Date2024-04-30
Year End Close17.26Average Volume74,205
Shares Outstanding19,004Short Interest319,118
% Institutional34.7Market Cap861M
Assets245,885,687MLiabilities963,387,299M
P/E Ratio7.4802Beta1.01
Volatility37.18
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