Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2024-04-12 View latest technical analysis

10 day averaged volume of Mueller Industries is 494810

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	51.72	51.93	52.21	51.38	0.783 times
11 Thu Apr 2024	52.25	51.80	52.44	51.34	0.889 times
10 Wed Apr 2024	51.71	52.84	53.24	51.51	1.136 times
09 Tue Apr 2024	53.96	54.19	54.39	53.12	0.794 times
08 Mon Apr 2024	54.01	54.11	54.44	53.61	0.878 times
05 Fri Apr 2024	53.85	52.87	53.89	52.87	0.815 times
04 Thu Apr 2024	52.79	53.71	53.92	52.55	0.925 times
03 Wed Apr 2024	53.20	51.96	53.59	51.88	1.037 times
02 Tue Apr 2024	52.25	53.05	53.05	51.70	1.265 times
01 Mon Apr 2024	53.54	54.26	54.34	53.14	0.973 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 52.2, but if it comes above 52.2, then a intra day buy could be more profitable.
If you take a sell trade below 52.2, then use 52.2 as stoploss and 51.3 as target. However if you take a buy trade in stock , then use 52.2 as stoploss and 53.02 as target.

Share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Target	41.23
Downside Target	44.39
Downside Target	47.46
Downside Target	48.70
Downside Target	49.95
Upside Target	52.78
Upside Target	54.34
Upside Target	54.39
Upside Target	54.44
Upside Target	54.64

Intraday share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Intraday Target	50.56
Downside Intraday Target	49.4
Upside Intraday Target	53.66
Upside Intraday Target	55.6
Upside Intraday Target	52.5

Weekly technical analysis of Mueller Industries (MLI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	51.72	54.11	54.44	51.34	0.893 times
05 Fri Apr 2024	53.85	54.26	54.34	51.70	1.15 times
28 Thu Mar 2024	53.93	54.11	54.64	52.78	0.777 times
22 Fri Mar 2024	53.98	52.50	54.39	51.74	0.43 times
15 Fri Mar 2024	52.40	51.85	52.60	50.84	2.136 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
12 Fri Apr 2024	51.72	54.26	54.44	51.34	0.313 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	1.075 times
31 Wed Jan 2024	48.00	46.62	49.96	44.39	0.85 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Mueller Industries ( (MLI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mueller Industries ( (MLI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 Strong and stock is gaining momentum.

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

Mueller Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 52.87 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.