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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 2024-06-20 View latest technical analysis

10 day averaged volume of Mueller Industries is 583560

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	55.44	54.60	56.40	54.58	1.055 times
18 Tue Jun 2024	55.18	55.00	55.60	54.57	0.98 times
18 Tue Jun 2024	55.18	55.00	55.60	54.57	0.98 times
17 Mon Jun 2024	55.14	54.70	55.41	54.01	1.035 times
14 Fri Jun 2024	54.89	55.67	55.67	54.13	1.049 times
13 Thu Jun 2024	56.60	55.54	56.65	55.33	1.056 times
12 Wed Jun 2024	55.81	55.65	56.50	55.02	1.044 times
11 Tue Jun 2024	54.14	54.47	54.73	53.53	0.957 times
10 Mon Jun 2024	54.93	54.78	55.43	54.39	1.132 times
07 Fri Jun 2024	55.33	55.48	55.98	54.97	0.85 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 55 as stoploss in an intra day buy trade for a target of 56.34. However, stock will show a bearish move below 55.

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	55.60
Upside Target	56.40
Upside Target	56.65
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	54.54
Downside Intraday Target	53.64
Upside Intraday Target	56.37
Upside Intraday Target	57.3
Upside Intraday Target	55.47

Weekly technical analysis of Mueller Industries (MLI)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	55.44	55.00	56.40	54.57	1.01 times
18 Tue Jun 2024	55.18	54.70	55.60	54.01	0.385 times
14 Fri Jun 2024	54.89	54.78	56.65	53.53	1.305 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

Price has moved up 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
20 Thu Jun 2024	55.44	59.10	59.16	53.53	0.65 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mueller Industries ( (MLI) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mueller Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mueller Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 55.27 and Mueller Industries (MLI) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.