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Stock Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

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
140.53 141.59 136.93 137.15 -3.38
Entry Signal

MarketClub’s Trade Triangles for MIDD

long term up The long-term trend has been UP since Jan 12th, 2023 at 147.9000

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 148.0004

short term up The short-term trend has been UP since Mar 21st, 2023 at 140.8300

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
140.53 141.59 136.93 137.15 -3.38
Prev. Close Volume Bid Ask Time
137.00 356299 2023-03-22 15:59:49
Year High138.89Year High Date2018-01-22
Year Low98.06Year Low Date2018-06-01
52wk High175.3452wk High Date2022-03-22
52wk Low120.352wk Low Date2022-07-14
Year End Close128.21Average Volume545,203
Shares Outstanding53,610Short Interest736,348
% Institutional92.5Market Cap6,736M
P/E Ratio17.6767Beta1.26
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