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.
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.
When comparing the yearly performance of all stocks, IMKTA is a bad performer in the overall market: 75% of all stocks are doing better.
IMKTA is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 67% of 41 stocks in the same industry do better.
IMKTA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IMKTA is lagging the market.
In the last month IMKTA has a been trading in the 59.09 - 63.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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 59.95, a Stop Loss order could be placed below this zone.
More info and screens
59.21
66.88
We found 1 important support area.
- A support zone ranging from 59.81 to 59.95. 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 60.99 to 62.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.24 to 66.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for IMKTA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMKTA is neutral. |
| ChartMill Relative Strength | 25.22 | NEGATIVE | IMKTA has a low relative strength, it was outperformed by 74.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMKTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMKTA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMKTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.89 | NEUTRAL | The RSI value for IMKTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests IMKTA has a negative trend. |
| Stochastics (14,3) | 34.59 | NEUTRAL | The Stochastics value for IMKTA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for IMKTA suggests some volalility. |
| Average Directional Index/ADX (14) | 7.78 | NEGATIVE | The low ADX value for IMKTA suggests a weak or negative trend. |
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)
NASDAQ:IMKTA (6/13/2025, 11:49:46 AM)
60.62
+0.1 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.17%
1 Week0.08%
2 Weeks-4.1%
1 Month-2.07%
3 Month-1.74%
6 Month-12.54%
12 Month-11.42%
2 Year-26.78%
3 Year-30.24%
5 Year40.52%
10 Year26.69%
15 Year302.13%
Volatility
ATR(14)1.42
ATR(20)%2.27%
ATR Inc33.1%
Range Today0.7
ADR(20)1.31
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.22
Mansfield-1.43
10 Day High63.88
10 Day Low59.42
20 Day High63.88
20 Day Low59.09
52 Week High82.01
52 Week Low58.92
CS1 End59.95
CR1 Start60.99
Volume & EV
DER(3)-1.71%
DER(5)0.54%
Volume27.16K
Volume Incr-26.61%
Vol(5)96.30K
Vol(50)132.13K