INGLES MARKETS INC-CLASS A (IMKTA) Stock Technical Analysis
NASDAQ:IMKTA - Nasdaq - US4570301048 - Common Stock
Overall IMKTA gets a technical rating of 0 out of 10. IMKTA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
80% of all other stocks performed better in the past year than IMKTA.
IMKTA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
IMKTA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
IMKTA is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry, IMKTA did better than 42% of them.
Although the technical rating is bad, IMKTA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 61.59, a Stop Loss order could be placed below this zone.
More info and screens
60.23
81.22
When analyzing the support we notice one important area.
- A support zone ranging from 60.84 to 61.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @64.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 72.06 to 74.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @80.42 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.16
Mansfield-1.83
10 Day High64.77
10 Day Low62.07
20 Day High68.5
20 Day Low62.07
52 Week High85.87
52 Week Low59.73
Performance
1 Week0.34%
2 Weeks0.51%
1 Month-4.22%
3 Month4.56%
6 Month-19.19%
12 Month-23.89%
2 Year-32.18%
3 Year-16.25%
5 Year54.55%
10 Year51.07%
15 Year355.01%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)45.34
LBB62.66
UBB64.94
INGLES MARKETS INC-CLASS A
NASDAQ:IMKTA (1/21/2025, 8:07:25 PM)
After market: 64.43 0 (0%)64.43
+1.36 (+2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg2.16%
1 Week0.34%
2 Weeks0.51%
1 Month-4.22%
3 Month4.56%
6 Month-19.19%
12 Month-23.89%
2 Year-32.18%
3 Year-16.25%
5 Year54.55%
10 Year51.07%
15 Year355.01%
Volatility
ATR(14)1.62
ATR(20)%2.52%
ATR Inc6.84%
Range Today1.36
ADR(20)1.58
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.16
Mansfield-1.83
10 Day High64.77
10 Day Low62.07
20 Day High68.5
20 Day Low62.07
52 Week High85.87
52 Week Low59.73
CS1 End61.59
CR1 Start64.44
Volume & EV
DER(3)0.89%
DER(5)-1.09%
Volume120.60K
Volume Incr-27.51%
Vol(5)102.48K
Vol(50)127.45K