Logo image of MLI

MUELLER INDUSTRIES INC (MLI) Stock Technical Analysis

NYSE:MLI - New York Stock Exchange, Inc. - US6247561029 - Common Stock - Currency: USD

78.75  -1.36 (-1.7%)

After market: 78.75 0 (0%)

Technical Rating and Analysis

5

Overall MLI gets a technical rating of 5 out of 10. MLI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

When comparing the yearly performance of all stocks, we notice that MLI is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by MLI over the past year are nicely spread over this period.
MLI is part of the Machinery industry. There are 130 other stocks in this industry. MLI outperforms 80% of them.
MLI has an average volume of 1405630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
MLI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLI is lagging the market.
In the last month MLI has a been trading in the 77.19 - 83.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MUELLER INDUSTRIES INC / MLI Weekly stock chart
MUELLER INDUSTRIES INC / MLI Daily stock chart
Setup Rating and Analysis

8

MLI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 78.21, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

73.24

84.92

We found 2 important support areas.

  • A support zone ranging from 78.06 to 78.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @73.98 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 79.94 to 82.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @84.08 from a horizontal 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
CRS86.16
Mansfield0.9
10 Day High83.86
10 Day Low78.21
20 Day High83.86
20 Day Low77.19
52 Week High96.81
52 Week Low47.46
Performance
1 Week-2.6%
2 Weeks-3.79%
1 Month-0.77%
3 Month-3.33%
6 Month17.59%
12 Month59.7%
2 Year140.28%
3 Year204.88%
5 Year439.94%
10 Year401.75%
15 Year1181.01%
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)-0.13
RSI(14)42.86
LBB78.19
UBB83.11
MUELLER INDUSTRIES INC / MLI Daily stock chart

MUELLER INDUSTRIES INC

NYSE:MLI (1/31/2025, 7:40:03 PM)

After market: 78.75 0 (0%)

78.75

-1.36 (-1.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.7%
1 Week-2.6%
2 Weeks-3.79%
1 Month-0.77%
3 Month-3.33%
6 Month17.59%
12 Month59.7%
2 Year140.28%
3 Year204.88%
5 Year439.94%
10 Year401.75%
15 Year1181.01%
Volatility
ATR(14)1.89
ATR(20)%2.38%
ATR Inc-19.61%
Range Today1.7
ADR(20)1.76
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.16
Mansfield0.9
10 Day High83.86
10 Day Low78.21
20 Day High83.86
20 Day Low77.19
52 Week High96.81
52 Week Low47.46
CS1 End78.21
CR1 Start79.94
Volume & EV
DER(3)-1.3%
DER(5)-0.8%
Volume935.24K
Volume Incr-3.44%
Vol(5)646.77K
Vol(50)1.41M