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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
The Middleby Corporation (NASDAQ:MIDD)
Strong Downtrend (-100) - MIDD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MIDD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MIDD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MIDD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MIDD
The long-term trend has been DOWN since May 1st, 2024 at 138.6550
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 150.2121
The short-term trend has been DOWN since May 8th, 2024 at 138.6700
Smart Scan Analysis for MIDD
Based on our trend formula, MIDD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 138.14 | 138.34 | 135.42 | 135.68 | -2.90 |
| Prev. Close | Volume | Bid | Ask | Time |
| 138.58 | 143816 | 2024-05-09 12:54:36 |
| Year High | 138.89 | Year High Date | 2018-01-22 |
| Year Low | 98.06 | Year Low Date | 2018-06-01 |
| 52wk High | 161.015 | 52wk High Date | 2024-03-28 |
| 52wk Low | 109.59 | 52wk Low Date | 2023-11-01 |
| Year End Close | 128.21 | Average Volume | 350,458 |
| Shares Outstanding | 53,603 | Short Interest | 736,348 |
| % Institutional | 92.5 | Market Cap | 6,736M |
| Assets | 690,669,200M | Liabilities | 365,680,300M |
| P/E Ratio | 18.7018 | Beta | 1.26 |
| Volatility | 25.34 |