The Middleby Corp. (MIDD) goes negative by breaking below intraday moving average 2012/02/29 16:39

The intraday price for The Middleby Corp. has moved below its 200 period 30 minute moving average of 98.13. MIDD is around 97.74 bucks now. The Middleby Corp. has a positive trend.

The price is above the trend line, which is about $95.75.

Other stocks to watch – these have a positive correlation with The Middleby Corp.:

E-Mini CNX Nifty (NA) with a correlation of 98.14%

Shipping Corporation Of India Ltd. (SCP) with a correlation of 98.72%

Sei Tax Exempt Trust Tax Advantage Income Fd Cl (SEATX) with a correlation of 98.71%

S&P India 10 Index (SINU) with a correlation of 98.56%

Tata Motors Ltd (TTM) with a correlation of 98.6%

For the math geeks and quants – the most recent Slope: 2.39 Intercept: 95.75 close: 97.74