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Ingles Markets-A Up 6.4% Since SmarTrend Uptrend Call (IMKTA)

By Nick Russo

SmarTrend identified an Uptrend for Ingles Markets-A (NASDAQ:IMKTA) on November 5th, 2019 at $41.79. In approximately 3 weeks, Ingles Markets-A has returned 6.35% as of today's recent price of $44.44.

Over the past year, Ingles Markets-A has traded in a range of $20.75 to $52.40 and is now at $44.60, 115% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.3%.

Ingles Markets, Incorporated operates a supermarket chain in the southeastern United States. The Company also owns neighborhood shopping centers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ingles Markets-A shares.

Log in and add Ingles Markets-A (IMKTA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ingles markets-a

Ticker(s): IMKTA