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Middleby Corp Up 24.0% Since SmarTrend Uptrend Call (MIDD)

By James Quinn

SmarTrend identified an Uptrend for Middleby Corp (NASDAQ:MIDD) on January 9th, 2019 at $108.62. In approximately 3 months, Middleby Corp has returned 24.01% as of today's recent price of $134.70.

In the past 52 weeks, shares of Middleby Corp have traded between a low of $96.65 and a high of $138.89 and are now at $134.70, which is 39% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.4%.

The Middleby Corporation designs, manufactures, markets, and services a broad line of equipment for use in cooking and preparing food. The Company products are used in commercial and institutional kitchens and restaurants. Middleby serves customers worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Middleby Corp shares.

Log in and add Middleby Corp (MIDD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights middleby corp

Ticker(s): MIDD