Login or Join
Learn then Earn

(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.

10 day averaged volume of Mueller Industries is 573077

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 56.83 59.30 59.30 56.73 0.9 times
24 Fri May 2024 59.10 58.68 59.12 58.11 0.815 times
23 Thu May 2024 58.26 58.63 58.66 57.80 0.763 times
22 Wed May 2024 58.37 58.71 59.16 58.12 0.748 times
21 Tue May 2024 58.91 58.24 58.92 58.12 0.908 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57, but if it comes above 57, then a intra day buy could be more profitable.
If you take a sell trade below 57, then use 57 as stoploss and 55.8 as target. However if you take a buy trade in stock , then use 57 as stoploss and 58.06 as target.

Share price targets for Mueller Industries (MLI)

Target Type Value
Downside Target 44.39
Downside Target 47.46
Downside Target 49.95
Downside Target 51.90
Downside Target 54.64
Upside Target 58.40
Upside Target 59.16
Upside Target 59.30
Upside Target 59.35
Upside Target 59.59
Upside Target 60.31

Intraday share price targets for Mueller Industries (MLI)

Target Type Value
Downside Intraday Target 55.94
Downside Intraday Target 55.05
Upside Intraday Target 58.51
Upside Intraday Target 60.19
Upside Intraday Target 57.62

Weekly technical analysis of Mueller Industries (MLI)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 56.83 59.30 59.30 56.73 0.214 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
10 Fri May 2024 59.27 57.25 59.35 57.25 0.701 times
03 Fri May 2024 56.81 57.53 58.40 55.63 0.592 times

Price has moved down 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
28 Tue May 2024 56.83 56.06 60.31 55.63 0.671 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
29 Thu Feb 2024 51.38 48.35 51.90 47.46 1.104 times

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 18, 21, 7 Sell
MACD 2, 2Sell
Stochastics 33None
CCI -120Sell
RSI 50Sell
OBV 263675Sell
VWAP 58Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing momentum.

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

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Mueller Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.43 and Mueller Industries (MLI) stock is trading below this level. This means that stock is falling with high volumes. 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.

Learn then Earn
Back to top | Use Dark Theme