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Is MIDD positioned for a breakdown? 20 Day Moving Average Resistance shows up after dropping 0.55%
On Wednesday, September 17th, MIDD moved down 0.55% while volume was to 0.9× the usual levels. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 131.9, 129.84 & 126.8, with resistance at 137.0, 140.04 & 142.1. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of MIDD: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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