MIDDLEBY CORP (MIDD) Stock Technical Analysis
NASDAQ:MIDD - Nasdaq - US5962781010 - Common Stock - Currency: USD
Taking everything into account, MIDD scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month MIDD has a been trading in the 157.14 - 182.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MIDD is one of the better performing stocks in the Machinery industry, it outperforms 86% of 127 stocks in the same industry.
Looking at the yearly performance, MIDD did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
MIDD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although MIDD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
124.71
174.63
4 important support areas can be observed.
- A support zone ranging from 139.64 to 140.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 135.44 to 135.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 132.00 to 132.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @125.97 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 159.03 to 159.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 171.15 to 172.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.38
Mansfield0.96
10 Day High182.73
10 Day Low157.14
20 Day High182.73
20 Day Low157.14
52 Week High182.73
52 Week Low118.41
Performance
1 Week-6.03%
2 Weeks-7.32%
1 Month-6.36%
3 Month12%
6 Month19.85%
12 Month3.36%
2 Year8.48%
3 Year-2.99%
5 Year179.61%
10 Year54.93%
15 Year728.46%
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)-1.91
RSI(14)43.29
LBB159.76
UBB173.24
NASDAQ:MIDD (3/5/2025, 11:36:56 AM)
158.215
-0.82 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.52%
1 Week-6.03%
2 Weeks-7.32%
1 Month-6.36%
3 Month12%
6 Month19.85%
12 Month3.36%
2 Year8.48%
3 Year-2.99%
5 Year179.61%
10 Year54.93%
15 Year728.46%
Volatility
ATR(14)5.78
ATR(20)%3.07%
ATR Inc6.1%
Range Today3.11
ADR(20)4.84
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.38
Mansfield0.96
10 Day High182.73
10 Day Low157.14
20 Day High182.73
20 Day Low157.14
52 Week High182.73
52 Week Low118.41
CS1 End159.03
CR1 Start171.15
Volume & EV
DER(3)1.09%
DER(5)1.77%
Volume77.10K
Volume Incr-18.78%
Vol(5)684.44K
Vol(50)796.99K