MIDDLEBY CORP (MIDD)

US5962781010 - Common Stock

138.09  +1.81 (+1.33%)

After market: 138.09 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, MIDD scores 0 out of 10 in our technical rating. MIDD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, MIDD is a bad performer in the overall market: 73% of all stocks are doing better.
MIDD is one of the lesser performing stocks in the Machinery industry. 62% of 132 stocks in the same industry do better.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MIDD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MIDD is lagging the market.
In the last month MIDD has a been trading in the 132.34 - 147.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MIDD Weekly chart
MIDD Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, MIDD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 138.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MIDD in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

134.04

158.55

When analyzing the support we notice one important area.

  • A support zone ranging from 135.39 to 138.08. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 138.10 to 140.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 144.93 to 145.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 148.47 to 150.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @156.98 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.54
Mansfield-1.21
10 Day High143.16
10 Day Low132.34
20 Day High147.64
20 Day Low132.34
52 Week High161.01
52 Week Low109.59
Performance
1 Week-1.42%
2 Weeks-2.24%
1 Month-5.04%
3 Month-5.24%
6 Month14.87%
12 Month-1.39%
2 Year-8.83%
3 Year-15.94%
5 Year5.84%
10 Year73.46%
15 Year824.07%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)39.33
LBB135.34
UBB145.41
MIDD Daily chart

MIDDLEBY CORP

NASDAQ:MIDD (5/10/2024, 7:06:19 PM)

After market: 138.09 0 (0%)

138.09

+1.81 (+1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.33%
1 Week-1.42%
2 Weeks-2.24%
1 Month-5.04%
3 Month-5.24%
6 Month14.87%
12 Month-1.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.57
ATR(20)%2.46%
ATR Inc
Range Today2.68
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High143.16
10 Day Low132.34
20 Day High147.64
20 Day Low132.34
52 Week High161.01
52 Week Low109.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume581.60K
Volume Incr97.48%
Vol(5)573.16K
Vol(50)352.06K