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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 2024-09-05 View latest technical analysis

10 day averaged volume of Mueller Industries is 641720

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	66.87	67.80	67.80	66.49	0.859 times
04 Wed Sep 2024	67.87	67.72	68.19	66.89	1.167 times
03 Tue Sep 2024	68.61	72.05	72.83	68.30	1.426 times
30 Fri Aug 2024	72.71	71.56	72.82	71.40	0.938 times
30 Fri Aug 2024	72.71	71.56	72.82	71.40	0.938 times
29 Thu Aug 2024	71.36	70.40	71.80	70.01	0.706 times
28 Wed Aug 2024	69.97	69.79	70.72	69.65	1.06 times
27 Tue Aug 2024	69.79	70.37	70.63	69.43	0.701 times
26 Mon Aug 2024	70.71	71.34	71.71	70.66	0.835 times
23 Fri Aug 2024	70.77	69.69	71.27	69.11	0.914 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.5, but if it comes above 67.5, then a intra day buy could be more profitable.
If you take a sell trade below 67.5, then use 67.5 as stoploss and 65.5 as target. However if you take a buy trade in stock , then use 67.5 as stoploss and 69.23 as target.

Share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Target	53.53
Downside Target	55.20
Downside Target	59.16
Downside Target	62.74
Downside Target	66.43
Upside Target	67.82
Upside Target	69.43
Upside Target	71.27
Upside Target	72.68
Upside Target	72.82
Upside Target	72.83

Intraday share price targets for Mueller Industries (MLI)

Target Type	Value
Downside Intraday Target	64.63
Downside Intraday Target	62.39
Upside Intraday Target	70.97
Upside Intraday Target	75.07
Upside Intraday Target	68.73

Weekly technical analysis of Mueller Industries (MLI)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	66.87	72.05	72.83	66.49	3.679 times
30 Fri Aug 2024	72.71	71.56	72.82	71.40	0.221 times
30 Fri Aug 2024	72.71	71.34	72.82	69.43	0.881 times
23 Fri Aug 2024	70.77	68.42	71.27	67.82	0.867 times
16 Fri Aug 2024	68.46	67.96	69.55	66.43	0.977 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mueller Industries (MLI)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	66.87	72.05	72.83	66.49	0.143 times
30 Fri Aug 2024	72.71	70.79	72.82	62.74	1 times
31 Wed Jul 2024	70.94	57.05	72.68	55.20	0.938 times
28 Fri Jun 2024	56.94	59.10	59.16	53.53	1.385 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 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 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 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 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 SELL signal in short term but selling 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 70 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.