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(MLI) Mueller Industries complete technical analysis [charts+indicators] | Buy/Sell Mueller Industries | (MLI) share price targets

Complete technical analysis of Mueller Industries (MLI) by charts plus indicators, forecast predictions and share price targets for Mueller Industries (MLI)

Mueller Industries trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-01-19 View latest technical analysis

10 day averaged volume of Mueller Industries is 447250

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	46.29	45.92	46.32	45.20	1.6 times
18 Thu Jan 2024	46.50	45.93	46.52	45.68	1.322 times
17 Wed Jan 2024	45.56	44.68	45.61	44.39	0.951 times
16 Tue Jan 2024	45.27	45.06	45.39	44.94	0.932 times
12 Fri Jan 2024	45.32	46.00	46.30	45.15	0.77 times
12 Fri Jan 2024	45.32	46.00	46.30	45.15	0.77 times
11 Thu Jan 2024	45.50	45.40	45.71	44.69	0.986 times
10 Wed Jan 2024	45.59	45.40	45.64	45.03	0.922 times
09 Tue Jan 2024	45.74	45.36	45.93	44.72	0.953 times
08 Mon Jan 2024	46.00	45.10	46.03	45.07	1.052 times

My analysis of stock is bearish for shortterm, and stock might move down till 45.4 or till 44.3. Use a stoploss of 46.31 and if the stock hits stoploss, then it can shoot up till 47.24

Share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Target	35.01
Downside Target	37.48
Downside Target	41.23
Downside Target	42.16
Downside Target	44.39
Upside Target	46.30
Upside Target	47.08
Upside Target	47.13
Upside Target	47.88
Upside Target	48.70
Upside Target	71.79
Upside Target	75.63
Upside Target	77.93

Intraday share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Intraday Target	44.95
Downside Intraday Target	43.6
Upside Intraday Target	47.08
Upside Intraday Target	47.86
Downside Intraday Target	45.73

Weekly technical analysis of Mueller Industries (MLI)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	46.29	45.06	46.52	44.39	6.239 times
12 Fri Jan 2024	45.32	46.00	46.30	45.15	0.164 times
12 Fri Jan 2024	45.32	45.10	46.30	44.69	0.922 times
05 Fri Jan 2024	45.26	46.62	47.08	45.26	5.816 times
29 Fri Dec 2023	47.15	47.56	47.88	47.13	0.204 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mueller Industries (MLI)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	46.29	46.62	47.08	44.39	0.443 times
29 Fri Dec 2023	47.15	41.35	48.70	41.23	1.34 times
30 Thu Nov 2023	41.53	37.66	42.16	37.48	1.019 times
31 Tue Oct 2023	37.71	75.00	75.63	35.01	1.375 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mueller Industries (MLI)

Price action analysis of Mueller Industries ( (MLI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mueller Industries ( (MLI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mueller Industries ( (MLI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mueller Industries ( (MLI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mueller Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Mueller Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mueller Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mueller Industries in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mueller Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.79 and Mueller Industries (MLI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mueller Industries (MLI) stock. Volume based technical analysis of Mueller Industries (MLI) stock is negative.

Mueller Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.