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Stock Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

The Middleby Corporation (NASDAQ:MIDD)

Sidelines Mode (-55) - MIDD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low MIDD Price Change
128.29 128.46 126.00 126.33 -1.90
Entry Signal

MarketClub’s Trade Triangles for MIDD

long term down The long-term trend has been DOWN since May 1st, 2024 at 138.655

intermediate term up The intermediate-term trend has been UP since Jul 16th, 2024 at 129.820

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 127.100

Smart Scan Analysis for MIDD

Based on our trend formula, MIDD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MIDD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.29 128.46 126.00 126.33 -1.90
Prev. Close Volume Bid Ask Time
128.23 68141 2024-07-19 11:01:34
Year High138.89Year High Date2018-01-22
Year Low98.06Year Low Date2018-06-01
52wk High161.01552wk High Date2024-03-28
52wk Low109.5952wk Low Date2023-11-01
Year End Close128.21Average Volume605,425
Shares Outstanding53,769Short Interest736,348
% Institutional92.5Market Cap6,736M
P/E Ratio17.8593Beta1.26
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