NASDAQ
On the weekly chart, MIDD has been moving sideways between $122.33 and $161.52 since 14 Aug 2022.
Since 2018, NasdaqScan has found 3 sideways ranges in MIDD. Completed ranges lasted 672 days on average, from 490 to 854 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 32% wide from low to high. The latest retest signal NasdaqScan detected in MIDD was in the week of 15 May 2022, below the earlier $162.12 – $196.49 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 14 Aug 2022 | Open | — | — | |
| 23 May 2021 | 25 Sept 2022 (490 days) | Broke below the range at $122.33 | 15 May 2022 (Go ahead) | |
| 23 Dec 2018 | 25 Apr 2021 (854 days) | Broke above the range at $186.20 | — |
All NASDAQ stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.