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(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 2024-06-11 View latest technical analysis

10 day averaged volume of Mueller Industries is 540250

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	54.14	54.47	54.73	53.53	1.034 times
10 Mon Jun 2024	54.93	54.78	55.43	54.39	1.223 times
07 Fri Jun 2024	55.33	55.48	55.98	54.97	0.918 times
06 Thu Jun 2024	56.07	56.36	56.93	55.65	0.992 times
05 Wed Jun 2024	56.63	56.34	56.94	56.00	0.662 times
04 Tue Jun 2024	56.13	56.93	57.45	55.84	0.83 times
03 Mon Jun 2024	57.24	59.10	59.16	56.90	0.935 times
31 Fri May 2024	58.91	58.51	59.08	57.76	1.274 times
30 Thu May 2024	58.25	56.95	58.31	56.95	1.291 times
29 Wed May 2024	56.68	56.12	56.83	55.50	0.921 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 54.1, for a target of 55.9 or 57.43

Share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Target	47.46
Downside Target	49.95
Downside Target	51.90
Downside Target	53.53
Upside Target	54.64
Upside Target	57.19
Upside Target	59.16
Upside Target	59.30
Upside Target	59.59
Upside Target	60.31

Intraday share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Intraday Target	53.3
Downside Intraday Target	52.47
Upside Intraday Target	55.2
Upside Intraday Target	56.27
Upside Intraday Target	54.37

Weekly technical analysis of Mueller Industries (MLI)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	54.14	54.78	55.43	53.53	0.52 times
07 Fri Jun 2024	55.33	59.10	59.16	54.97	0.976 times
31 Fri May 2024	58.91	59.30	59.30	55.50	0.994 times
24 Fri May 2024	59.10	57.47	59.16	57.19	0.74 times
17 Fri May 2024	57.51	59.71	60.31	57.32	1.478 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
11 Tue Jun 2024	54.14	59.10	59.16	53.53	0.298 times
31 Fri May 2024	58.91	56.06	60.31	55.50	0.797 times
30 Tue Apr 2024	55.82	54.26	59.59	50.85	1 times
28 Thu Mar 2024	53.93	51.66	54.64	49.95	1.059 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.

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 but buying is losing 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 56.51 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.