Ingles Markets Technical Analysis (NASDAQ:IMKTA)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Ingles Markets stock price data and volume are plotted in IMKTA stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Ingles Markets. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Ingles Markets stock analysis.
Ingles Markets Moving Average
Moving averages show the IMKTA stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $29.44 is below the last closing price of $30.75 and the 50 day moving average of $31.16 is above the last closing price of $30.75. The 10 and 20 day periods can predict short term moving average trends.
Ingles Markets Bollinger Bands
Bollinger bands comprise of a center line usually IMKTA SMA, and two IMKTA stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Ingles Markets bollinger bands.
Ingles Markets Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Ingles Markets MACD indicator is below 0 indicating a bearish trend.
Ingles Markets Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 74.7 is the RSI value of IMKTA stock.