Second Opinion® Trade Trigger : INGLES MARKETS INC (IMKTA)
Trade Trigger stocks are breaking through significant resistance (bullish) or support (bearish) areas.
Report created after market close on 07/01/25

Neutral

MarketEdge® Second Opinion

$63.42

Entry Price

Upgraded

From Avoid on 07/01/2025

$63.38

Price At Upgrade

4.2%

Change Since Upgrade

Recommendation

Stock shows Strongly Improving Conditions. SCORE = 4
If you are Short this stock, consider covering or monitor stock closely.
Stock is an Early Entry Buy Candidate if stock closes above 63.42

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Trade Activity for: 07/01/25

Close
66.05
Change
2.67
Volume
1377
Open
63.16
High
66.35
Low
63.16

MarketEdge Indicators

Opinion Score
Power Rating
Strongly Improving
Bearish Bullish
51

Annual Chart

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Comment

The stock is underperforming the market over the last 50 trading days when compared to the S&P 500. The MACD-LT, is confirming that the intermediate-term trend is bullish at this time. IMKTA's chart formation suggests an upward trend is beginning. stock is in the early stages of a rising trend. A close above $63.42 is a number to watch to confirm a trend reversal.Momentum as measured by the 14-day RSI is gaining in strength. Over the last 50 trading sessions, there has been more volume on up days than on down days, indicating that IMKTA is under accumulation, which is a bullish condition. The stock is trading above a rising 50-day moving average which confirms the improving technical condition. The stock is above a falling 200-day moving average which adds credence to a possible trend reversal.

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Price Analysis

Yr. High/Yr. Low

82.01 58.92

MO Chg.(%)

7.2%

Trend Line Resistance

63.79

Trend Line Support

62.4

Entry Price

63.42

Volatility(%)

2.1

Position

96

ADXR

31

Volume Analysis

Avg Volume(00)

1194

MO Chg.(%)

-1.5%

U/D Ratio/Slope

1.5 Up

On Balance Volume

Bullish

Positive OBV

Bullish

Negative OBV

Bullish

Money Flow (MF)

79

MF Slope

Bullish

Technical Analysis

Alpha/Beta

0 0.39

B.Bands

10

MACD ST/LT

Bullish Bullish

50-Day R.S.

0.91

Wilder's RSI

68

Sto. Fast/Slow

94 67

OBOS/RSV

1 28

C-Rate

0
Moving Average Price % Slope
10 Day 62.86 105 Up
21 Day 61.81 107 Up
50 Day 61.96 107 Up
200 Day 65.03 102 Down

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