On Wednesday, Middleby Corp (MIDD) shares reached an oversold status with a Relative Strength Index (RSI) of 23.7, indicating heavy selling pressure. The stock traded as low as $119.64 per share, while the S&P 500 ETF (SPY) recorded an RSI of 63.4.
Middleby’s 52-week trading range shows a low of $118.09 and a high of $182.73, with the last trade at $118.30.
