INGLES MARKETS INC-CLASS A (IMKTA) Stock Technical Analysis
NASDAQ:IMKTA - Nasdaq - US4570301048 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to IMKTA. 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.
81% of all other stocks performed better in the past year than IMKTA.
IMKTA is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 76% 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. Certainly not because the S&P500 Index is trading near new highs.
In the last month IMKTA has a been trading in the 61.05 - 70.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IMKTA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 61.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IMKTA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
60.23
80.64
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 5 important areas.
- A resistance zone ranging from 64.68 to 66.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @67.47 from a horizontal line in the daily time frame.
- A resistance zone ranging from 70.89 to 71.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 74.00 to 74.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @79.84 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
CRS19.29
Mansfield-1.6
10 Day High66.84
10 Day Low61.05
20 Day High70.44
20 Day Low61.05
52 Week High82.01
52 Week Low59.73
Performance
1 Week-1.11%
2 Weeks-3.67%
1 Month-0.36%
3 Month-11.29%
6 Month-11%
12 Month-16.98%
2 Year-28.38%
3 Year-22.12%
5 Year79%
10 Year48.08%
15 Year354.44%
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)-0.13
RSI(14)43.62
LBB63.16
UBB67.37
64.03
-0.38 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.59%
1 Week-1.11%
2 Weeks-3.67%
1 Month-0.36%
3 Month-11.29%
6 Month-11%
12 Month-16.98%
2 Year-28.38%
3 Year-22.12%
5 Year79%
10 Year48.08%
15 Year354.44%
Volatility
ATR(14)1.91
ATR(20)%2.86%
ATR Inc-28.69%
Range Today1.8
ADR(20)1.82
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.29
Mansfield-1.6
10 Day High66.84
10 Day Low61.05
20 Day High70.44
20 Day Low61.05
52 Week High82.01
52 Week Low59.73
CS1 End61.59
CR1 Start64.68
Volume & EV
DER(3)3.52%
DER(5)4.52%
Volume200.00K
Volume Incr12.15%
Vol(5)121.00K
Vol(50)123.55K