MUELLER INDUSTRIES INC (MLI)

US6247561029 - Common Stock

90.36  +1.68 (+1.89%)

After market: 90.36 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, MLI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MLI has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MLI did better than 95% of all other 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 131 other stocks in this industry. MLI outperforms 96% of them.
MLI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MLI is lagging the market slightly.
MLI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
MLI Weekly chart
MLI Daily chart
Setup Rating and Analysis

6

MLI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

62.99

91.26

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 88.68 to 88.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 75.97 to 76.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @70.54 from a horizontal line in the daily time frame.
  • Support @68.19 from a trend line in the weekly time frame.
  • Support @63.63 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.94
Mansfield3.61
10 Day High96.81
10 Day Low82.06
20 Day High96.81
20 Day Low77
52 Week High96.81
52 Week Low40.52
Performance
1 Week-5.22%
2 Weeks8.87%
1 Month25.36%
3 Month27.68%
6 Month52.89%
12 Month119.11%
2 Year162.79%
3 Year226.62%
5 Year475.73%
10 Year450.81%
15 Year1437.39%
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)-0.21
RSI(14)62.87
LBB79.01
UBB98.99
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
91.6788.673.00 (3.27%)25.00%
An entry @91.67. This is a Buy Stop order right above the 10 day moving average.An exit @88.67. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.00 points, which is 3.27%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%.

  • 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.
MLI Daily chart

MUELLER INDUSTRIES INC

NYSE:MLI (11/18/2024, 4:25:08 PM)

After market: 90.36 0 (0%)

90.36

+1.68 (+1.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.89%
1 Week-5.22%
2 Weeks8.87%
1 Month25.36%
3 Month27.68%
6 Month52.89%
12 Month119.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.01
ATR(20)%3.5%
ATR Inc
Range Today2.43
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High96.81
10 Day Low82.06
20 Day High96.81
20 Day Low77
52 Week High96.81
52 Week Low40.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume577.82K
Volume Incr-21.58%
Vol(5)680.08K
Vol(50)834.52K