MUELLER INDUSTRIES INC (MLI)
US6247561029 - Common Stock
Taking everything into account, MLI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MLI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MLI did better than 90% of all other stocks. On top of that, MLI also shows a nice and consistent pattern of rising prices.
MLI is part of the Machinery industry. There are 132 other stocks in this industry. MLI outperforms 83% of them.
MLI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MLI has a been trading in the 50.85 - 59.76 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, MLI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 58.46. Right above this resistance zone may be a good entry point.
More info and screens
38.92
59.87
When analyzing the support we can see 4 important areas.
- A support zone ranging from 54.09 to 55.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.45 to 51.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.40 from a horizontal line in the daily time frame.
- Support @39.31 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.46 to 59.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.11
Mansfield1.73
10 Day High59.76
10 Day Low55.63
20 Day High59.76
20 Day Low50.85
52 Week High59.76
52 Week Low34.96
Performance
1 Week0.47%
2 Weeks0.34%
1 Month12.6%
3 Month17.31%
6 Month40.75%
12 Month47.91%
2 Year116.42%
3 Year151%
5 Year332.43%
10 Year304.37%
15 Year960.9%
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)0.11
RSI(14)61.31
LBB55.78
UBB59.76
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 59.29 | 55.62 | 3.67 (6.19%) | 16.16% |
| An entry @59.29. This is a Buy Stop order right above the resistance zone. | An exit @55.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.67 points, which is 6.19%. | When investing 16.16% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
MUELLER INDUSTRIES INC
NYSE:MLI (5/13/2024, 4:37:47 PM)
After market: 58.21 -0.06 (-0.1%)58.27
-1 (-1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.69%
1 Week0.47%
2 Weeks0.34%
1 Month12.6%
3 Month17.31%
6 Month40.75%
12 Month47.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.58
ATR(20)%2.82%
ATR Inc
Range Today1.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High59.76
10 Day Low55.63
20 Day High59.76
20 Day Low50.85
52 Week High59.76
52 Week Low34.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume462.48K
Volume Incr-37.31%
Vol(5)445.05K
Vol(50)675.23K