MUELLER INDUSTRIES INC (MLI) Stock Technical Analysis
NYSE:MLI - New York Stock Exchange, Inc. - US6247561029 - Common Stock - Currency: USD
Taking everything into account, MLI scores 7 out of 10 in our technical rating. In the last year, MLI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that MLI is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, MLI also shows a nice and consistent pattern of rising prices.
MLI is part of the Machinery industry. There are 127 other stocks in this industry. MLI outperforms 94% of them.
In the last month MLI has a been trading in the 73.25 - 82.73 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MLI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MLI is lagging the market slightly.
MLI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 78.19, a Stop Loss order could be placed below this zone.
More info and screens
75.52
84.92
When analyzing the support we can see 2 important areas.
- A support zone ranging from 79.69 to 80.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 76.28 to 78.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 80.27 to 82.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @84.08 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.34
Mansfield0.99
10 Day High82.44
10 Day Low76.7
20 Day High82.73
20 Day Low73.25
52 Week High96.81
52 Week Low50.84
Performance
1 Week-2.62%
2 Weeks-4.96%
1 Month0.23%
3 Month-0.66%
6 Month18.68%
12 Month51.08%
2 Year112.85%
3 Year188.72%
5 Year553.3%
10 Year332.88%
15 Year1067.6%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)43.71
LBB77.74
UBB82.32
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 78.23 | 76.69 | 1.54 (1.97%) | 25.00% |
| An entry @78.23. This is a Buy Stop order right above the resistance zone. | An exit @76.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.54 points, which is 1.97%. | For a 0.49% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MLI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:MLI (3/5/2025, 2:43:06 PM)
80.23
+2.03 (+2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.6%
1 Week-2.62%
2 Weeks-4.96%
1 Month0.23%
3 Month-0.66%
6 Month18.68%
12 Month51.08%
2 Year112.85%
3 Year188.72%
5 Year553.3%
10 Year332.88%
15 Year1067.6%
Volatility
ATR(14)2.4
ATR(20)%3.33%
ATR Inc43.15%
Range Today1.63
ADR(20)2.5
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.34
Mansfield0.99
10 Day High82.44
10 Day Low76.7
20 Day High82.73
20 Day Low73.25
52 Week High96.81
52 Week Low50.84
CS1 End78.19
CR1 Start78.22
Volume & EV
DER(3)-5.08%
DER(5)-4.21%
Volume658.55K
Volume Incr16.9%
Vol(5)915.14K
Vol(50)866.65K