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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 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.
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MarketClub’s Trade Triangles for MIDD
The long-term trend has been UP since Aug 1st, 2024 at 143.16
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 137.33
The short-term trend has been UP since Dec 24th, 2024 at 135.83
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 136.230 | 136.980 | 134.665 | 136.770 | -0.070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 136.840 | 117924 | 2024-12-26 15:14:44 |
| 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 | 118.41 | 52wk Low Date | 2024-07-02 |
| Year End Close | 128.21 | Average Volume | 563,916 |
| Shares Outstanding | 53,793 | Short Interest | 736,348 |
| % Institutional | 92.5 | Market Cap | 6,736M |
| Assets | 702,578,300M | Liabilities | 360,387,200M |
| P/E Ratio | 19.1385 | Beta | 1.26 |
| Volatility | 25.34 |