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Shares of IMKTA Up 26.4% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Ingles Markets-A (NASDAQ:IMKTA) on August 9th, 2019 at $33.24. In approximately 1 month, Ingles Markets-A has returned 26.37% as of today's recent price of $42.00.

In the past 52 weeks, shares of Ingles Markets-A have traded between a low of $25.57 and a high of $43.65 and are now at $42.15, which is 65% above that low price. The 200-day and 50-day moving averages have moved 0.52% higher and 2.07% higher over the past week, respectively.

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