INGLES MARKETS INC-CLASS A (IMKTA) Stock Technical Analysis
NASDAQ:IMKTA - Nasdaq - US4570301048 - Common Stock - Currency: USD
Taking everything into account, IMKTA scores 2 out of 10 in our technical rating. IMKTA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
IMKTA is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 66% of 40 stocks in the same industry do better.
IMKTA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When compared to the yearly performance of all other stocks, IMKTA outperforms 45% of them, which is more or less in line with the market.
In the last month IMKTA has a been trading in the 59.61 - 67.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, IMKTA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 64.24, a Stop Loss order could be placed below this zone.
More info and screens
59.34
69.04
2 important support areas can be observed.
- A support zone ranging from 63.09 to 64.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.94 to 61.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 64.29 to 65.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 67.47 to 68.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.1
Mansfield0.04
10 Day High67.55
10 Day Low61
20 Day High67.55
20 Day Low59.61
52 Week High82.01
52 Week Low58.92
Performance
1 Week0.83%
2 Weeks3.31%
1 Month4.18%
3 Month-2.06%
6 Month4.32%
12 Month-11.59%
2 Year-30.16%
3 Year-30.97%
5 Year57.43%
10 Year53.56%
15 Year301%
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)0.04
RSI(14)54.91
LBB60.71
UBB65.49
64.28
+0.62 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.97%
1 Week0.83%
2 Weeks3.31%
1 Month4.18%
3 Month-2.06%
6 Month4.32%
12 Month-11.59%
2 Year-30.16%
3 Year-30.97%
5 Year57.43%
10 Year53.56%
15 Year301%
Volatility
ATR(14)2.49
ATR(20)%3.59%
ATR Inc-32.86%
Range Today1.5
ADR(20)2.27
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.1
Mansfield0.04
10 Day High67.55
10 Day Low61
20 Day High67.55
20 Day Low59.61
52 Week High82.01
52 Week Low58.92
CS1 End64.24
CR1 Start64.29
Volume & EV
DER(3)0.78%
DER(5)0.44%
Volume160.40K
Volume Incr-2.05%
Vol(5)131.92K
Vol(50)129.36K