MFP

Midera Food Processing, Inc.

NASDAQ · Common stock

41.84

+1.80 (+4.50%)

Close, Oct 20, 2026

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Structural summary

What is the structure, what changed, and what would invalidate it

Viridia Intelligence

Context across dimensions, not a rating

StructureNot enough swingsNeeds more confirmed intermediate swings.

WaveConstructiveZigzag complete, next move up (Pattern Confidence 80).

FibonacciAt a zoneNearest confluence 42.33–43.23 (4 relationships), +2.2% from the close.

MomentumWeak3 months −6.4% (behind SPY by 9.3 points).

RegimeNot enough historyNeeds 200 sessions.

RiskNormal20-day volatility 36% vs 58% over the year; 1-year drawdown −23.2%; beta 1.03.

MFP setup historyNot replayed yet; the track record fills in most-traded securities first.Track record

Current structure

Price, swings and the preferred count on the chart

MFP · 1DLoading bars…

SourceMassive, end of dayUpdated—MethodDaily bars, split-adjusted

Candidate interpretations

Every count shown passes every hard rule

Candidate interpretations

Ranked by Pattern Confidence

Counts ending at the latest minor swing low, 38.51 on Oct 13, 2026. 84 labelings tested, 60 broke a hard rule, 12+ remain.

Hard-rule evidence: why 60 labelings were eliminated

27Wave 2 always retraces less than 100% of wave 1
8Contracting triangle: C ends short of A's end, D short of B's end, and E short of C's end
7Price after the last labeled point has not crossed a rule-based invalidation level
6Wave 3 always travels beyond the end of wave 1
4Wave B retraces at least 90% of wave A
4Wave B ends short of the start of wave A (a zigzag is a sharp correction)

Method Every chain of 3–6 alternating pivots ending at the latest confirmed pivot is tested as each pattern; only counts with zero hard-rule failures are kept, then ranked by Pattern Confidence. Rules: rulebook.Engine pivots-1.0.0+rules-1.0.0+candidates-1.0.0+fib-1.0.1+rank-1.1.0+setup-1.0.1, bars to Oct 20, 2026

Fibonacci map

Confluence zones above and below the closeClose 41.84

41.84close

Bar length is the zone's strength (a weighted count of relationships, not a probability). Select a zone to see what forms it.

42.33 – 43.23+2.2% from the close

4 relationships · strength 2.5 · Minor degree

43.23ProjectionWave D = 61.8% of wave C · Minor · EWF
43.00ProjectionWave C = 123.6% of wave A · Minor · EWF · secondary ratio
42.59Swing78.6% retracement of the decline 2026-10-05 → 2026-10-13 · Minor · Basics · secondary ratio
42.33RetracementWave 4 retraces 50% of wave 3 · Minor · EWF · secondary ratio

Method Targets come from the Fibonacci relationships the sources describe for the wave in progress, Elliott trend channels, the prior fourth wave of lesser degree, and 38.2–78.6% retracements of the latest swing. A zone is where two or more independent relationships fall within max(¼ ATR, 0.4%) of each other; strength counts them, weighting primary ratios and higher degrees. It is not a probability.

Evidence

The setup the preferred count implies, and how that kind of setup has done

Setup

Minor degree · from the preferred count

Bullish setupActive now

Correction complete

A correction looks complete, so the larger trend would normally resume.

Pattern Confidence 80 · High

Reference level0.0% from close

41.84

Latest close

Invalidation−8.0% from close

38.51

End of wave C: beyond it the correction is still extending

Structural target+12.8% from close

47.20

Move after the correction retraces 61.8% of A–C

Reward : risk

1.6 : 1

Invalidation 8.0% from the reference level · 1.8 ATR

Track record: this setup reached its target first in 29% of 1,608 past cases, averaging +0.08R. Method

NoteResearch scenario generated from Viridia's structural model. Not a recommendation.BasisMinor degree, daily bars through Oct 20, 2026. Followed for up to 60 sessions in the track record.MethodA setup restates the preferred count as a trade: the entry (the close, or the level where the correction in progress most often ends), the stop where the count is wrong (a rule level, or the end of a finished pattern), and the count's own Fibonacci target. Reward:risk is measured from the middle of the entry range. A setup needs reward:risk of at least 1 : 1. It is research output from the wave count, not a recommendation or a forecast.

Engine details

Analysis engine: pivots-1.0.0+rules-1.0.0+candidates-1.0.0+fib-1.0.1+rank-1.1.0+setup-1.0.1
Bars analysed to: Oct 20, 2026
Price history: Automatic, updated nightly
Daily bars: 75 since Jul 7, 2026
Avg volume, 50 days: 531.8K
Dollar volume, 20 days: $16.1M
SEC CIK: 0002088281
Provider symbols: nasdaqtrader: MFP · massive: MFP
Listing changes: None since Sep 24, 2026

SourcePrices: Massive (end of day, split-adjusted). Listings: Nasdaq Trader, SECUpdatedOct 21, 2026, 8:00 AM EDTMethodSecurity master, daily snapshot diff

MethodStructure: the intermediate-degree swing structure (higher highs and lows, lower highs and lows, expanding or contracting). Wave: the preferred daily wave count's expected direction (constructive up, defensive down), unresolved when the alternate is within 5 points. Fibonacci: the nearest confluence zone of Fibonacci relationships and the distance to it (inside, or within 3%, counts as at a zone). Regime: price against its 50- and 200-day averages. Momentum: 3-month return and its lead over SPY (strong when both are positive and the lead is over 5 points; weak when both are negative). Risk: 20-day volatility against the 1-year level (elevated above 1.25×), and the 1-year drawdown and beta to SPY.

Structure at a glance

Daily chart, as of Oct 20, 2026

Since the count's last pivot (38.51, Oct 13, 2026) price has moved +8.7%, the way the count expects.12 of 12 rule-valid counts expect the current move to be up.

Preferred count

Zigzag down · complete, next move up ↑

A three-wave zigzag correction down looks complete, so the larger trend would normally resume up.

A-B-C from 52.58, Aug 26, 2026

Pattern Confidence80High

6 of 6 checks met

Key levels, preferred count

Reassess−8.0% from close

38.51

The pattern ended here. A move below it means its last wave is still going, so the pattern isn't complete.

Target, next move+12.8% from close

47.20

Move after the correction retraces 61.8% of A–C

Nearest confluence zone+2.2% from close

42.33–43.23

4 Fibonacci relationships meet here.

Alternate count

Ending diagonal down · complete, next move up ↑

A five-wave decline (ending diagonal) looks complete, so a correction up would normally follow.

1-2-3-4-5 from 52.58, Aug 26, 2026

Pattern Confidence71High

3 of 3 checks met

Why this count is preferred · 6 met, 0 not met

Met

Wave B retraces 38.2% to 85.4% of wave A
Wave B retraces under 90% of wave A (deeper B waves fit a flat better)
Wave C travels beyond the end of wave A (a failure is a truncation)
Wave C equals 61.8%, 100% or 123.6% of wave A
Alternate waves are related by a Fibonacci ratio within 5% (wave 5 to wave 1, C to A, or triangle legs at 61.8%), the more reliable kind of relationship
The count starts at the price extreme of the prior swing (a new trend begins where the old one ended)

Not met

None.

MethodPattern Confidence = (guidelines met + 2) ÷ (guidelines measured + 4), from the rulebook's guidelines, Fibonacci tendencies and wave-personality checks (wave 3 speed and volume, wave 5 volume, alternation in time, a start at the prior extreme), alternate waves in Fibonacci ratio, and the rarity of running flats. The alternate is the best-ranked count that tells a different story. It ranks the rule-valid counts against each other; it is not a probability of any outcome.

What changed

Structural events, most recent first

Oct 20, 2026New leading countNew leading count: Zigzag complete ↑ (confidence 80).
Oct 20, 2026Count droppedEnding Diagonal w5 ↓ is no longer among the leading counts; now Zigzag complete ↑.
Oct 20, 2026New Fib zoneA new Fibonacci confluence zone formed near 42.78.
Oct 16, 2026New Fib zoneA new Fibonacci confluence zone formed near 38.05.
Oct 12, 2026New Fib zoneA new Fibonacci confluence zone formed near 38.08.
Oct 7, 2026New leading countNew leading count: Ending Diagonal w5 ↓ (confidence 67).
Oct 7, 2026Count droppedFlat complete ↑ is no longer among the leading counts; now Ending Diagonal w5 ↓.
Oct 5, 2026New leading countNew leading count: Flat complete ↑ (confidence 78).
Oct 5, 2026Count droppedZigzag wC ↓ is no longer among the leading counts; now Flat complete ↑.
Sep 30, 2026New leading countNew leading count: Zigzag wC ↓ (confidence 71).
Sep 30, 2026Count droppedFlat complete ↑ is no longer among the leading counts; now Zigzag wC ↓.

Last swing high

52.58

Aug 26, 2026

Last swing low

34.65

Jul 7, 2026

Elliott Wave

Wave counts are built on these swings and each one passes every rule in the rulebook. They are ranked by how many guidelines they satisfy; the preferred and alternate counts are summarized above the chart.

MethodPrice versus its 50- and 200-day averages: above both with the 50 above the 200 is an uptrend, below both with the 50 below the 200 is a downtrend, anything else is mixed. Swings: adaptive ZigZag on daily bars, pivots-1.0.0+rules-1.0.0+candidates-1.0.0+fib-1.0.1+rank-1.1.0+setup-1.0.1.