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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
The Middleby Corporation (NASDAQ:MIDD)
Crossroads (-60) - MIDD is struggling to move into a solid trend. Beware of choppy markets 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 Dec 20th, 2023 at 147.3400
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 150.2121
The short-term trend has been DOWN since Apr 2nd, 2024 at 155.9400
Smart Scan Analysis for MIDD
Based on our trend formula, MIDD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 141.460 | 143.285 | 140.930 | 142.575 | +1.565 |
| Prev. Close | Volume | Bid | Ask | Time |
| 141.010 | 139412 | 2024-04-19 15:01:39 |
| 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 | 299,682 |
| 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 | 19.0297 | Beta | 1.26 |
| Volatility | 25.34 |