MUELLER INDUSTRIES INC (MLI)

US6247561029 - Common Stock

81.59  +0.95 (+1.18%)

Technical Rating and Analysis

7

Taking everything into account, MLI scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, MLI did better than 92% of all other stocks. On top of that, MLI also shows a nice and consistent pattern of rising prices.
MLI is one of the better performing stocks in the Machinery industry, it outperforms 89% of 131 stocks in the same industry.
MLI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MLI is performing more or less in line with the market.
In the last month MLI has a been trading in the 77.19 - 84.08 range, which is quite wide. It is currently trading near the high of this range.
MLI has an average volume of 1422610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MLI Weekly chart
MLI Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, MLI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

72.09

84.92

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 79.73 to 81.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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 @72.82 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 83.53 to 84.08. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS92
Mansfield1.66
10 Day High81.28
10 Day Low77.19
20 Day High84.08
20 Day Low77.19
52 Week High96.81
52 Week Low46.43
Performance
1 Week-0.17%
2 Weeks0.85%
1 Month-2.78%
3 Month11.64%
6 Month28.35%
12 Month74.21%
2 Year146.04%
3 Year212.2%
5 Year452.9%
10 Year413.79%
15 Year1211.75%
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)0.08
RSI(14)50.02
LBB78.34
UBB81.45
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
81.0779.721.35 (1.67%)25.00%
An entry @81.07. This is a Buy Stop order right above the resistance zone.An exit @79.72. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.35 points, which is 1.67%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%.

  • 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 (1/15/2025, 11:10:03 AM)

81.59

+0.95 (+1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.18%
1 Week-0.17%
2 Weeks0.85%
1 Month-2.78%
3 Month11.64%
6 Month28.35%
12 Month74.21%
2 Year146.04%
3 Year212.2%
5 Year452.9%
10 Year413.79%
15 Year1211.75%
Volatility
ATR(14)1.86
ATR(20)%2.79%
ATR Inc-5.09%
Range Today1.38
ADR(20)2.15
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92
Mansfield1.66
10 Day High81.28
10 Day Low77.19
20 Day High84.08
20 Day Low77.19
52 Week High96.81
52 Week Low46.43
CS1 End80.3
CR1 Start80.74
Volume & EV
DER(3)1.89%
DER(5)1.04%
Volume150.49K
Volume Incr-25.35%
Vol(5)781.26K
Vol(50)1.42M