- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
- MACD is crossing MACD signal line at 0.2. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
Alger Mid Cap Focus Fund recently released its Q3 2020 Investor Letter, a copy of which you can download here. Class Z shares of the Alger Mid Cap Focus Fund outperformed the Russell Midcap Growth Index during the third quarter of 2020. You should check out Alger Mid Cap Focus Fund’s top 5 stock picks […]
Middleby's (MIDD) acquisition of United Foodservice Equipment Group will create strong growth opportunities for the company in the commercial foodservice equipment market.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
Middleby (MIDD) stands to benefit from revival of its restaurant business, investments in product innovation and technological advancement actions. The pandemic-led market downturn is concerning.
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Zhuhai Guangdong China-based United Foodservice Equipment Group. The company is a leader in the design, manufacture and supply of counter top commercial foodservice equipment with recent annual revenues of approximately $10 million.
The COVID-19 pandemic has significantly altered all of our lives, and the advent of a vaccine is likely to do the same. The question for investors is, which sectors and companies will do well after a vaccine is rolled out? On the one hand, stay-at-home measures have boosted spending on the home and on ordering food or buying at grocery stores -- great news for Middleby's residential kitchen equipment and food processing equipment sales.
Middleby's (MIDD) acquisition of Wild Goose Filling will create strong growth opportunities for the company in the canned beverages market.