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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 2024-06-13 View latest technical analysis

10 day averaged volume of Mueller Industries is 555660

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	56.60	55.54	56.65	55.33	1.109 times
12 Wed Jun 2024	55.81	55.65	56.50	55.02	1.096 times
11 Tue Jun 2024	54.14	54.47	54.73	53.53	1.005 times
10 Mon Jun 2024	54.93	54.78	55.43	54.39	1.189 times
07 Fri Jun 2024	55.33	55.48	55.98	54.97	0.892 times
06 Thu Jun 2024	56.07	56.36	56.93	55.65	0.964 times
05 Wed Jun 2024	56.63	56.34	56.94	56.00	0.644 times
04 Tue Jun 2024	56.13	56.93	57.45	55.84	0.807 times
03 Mon Jun 2024	57.24	59.10	59.16	56.90	0.909 times
31 Fri May 2024	58.91	58.51	59.08	57.76	1.239 times

My analysis of stock is bearish for shortterm, and stock might move down till 55.7 or till 54. Use a stoploss of 57.12 and if the stock hits stoploss, then it can shoot up till 58.52

Share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Target	47.46
Downside Target	49.95
Downside Target	51.90
Downside Target	53.53
Downside Target	54.64
Upside Target	56.65
Upside Target	59.16
Upside Target	59.30
Upside Target	59.59
Upside Target	60.31

Intraday share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Intraday Target	54.54
Downside Intraday Target	52.47
Upside Intraday Target	57.66
Upside Intraday Target	58.71
Downside Intraday Target	55.59

Weekly technical analysis of Mueller Industries (MLI)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	56.60	54.78	56.65	53.53	1.043 times
07 Fri Jun 2024	55.33	59.10	59.16	54.97	0.976 times
31 Fri May 2024	58.91	59.30	59.30	55.50	0.994 times
24 Fri May 2024	59.10	57.47	59.16	57.19	0.74 times
17 Fri May 2024	57.51	59.71	60.31	57.32	1.478 times

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

Monthly technical analysis of Mueller Industries (MLI)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	56.60	59.10	59.16	53.53	0.401 times
31 Fri May 2024	58.91	56.06	60.31	55.50	0.797 times
30 Tue Apr 2024	55.82	54.26	59.59	50.85	1 times
28 Thu Mar 2024	53.93	51.66	54.64	49.95	1.059 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 neutral. A longer time frame might give a better analysis.

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

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

MACD generated a SELL signal for Mueller Industries in short term and the sell signal is strong.

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

Mueller Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying 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 56.21 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 falling down

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 has given negative 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.