Technical Analysis for MLI - Mueller Industries, Inc.

Grade Last Price % Change Price Change
A 57.33 -1.85% -1.08
MLI closed down 1.85 percent on Friday, April 26, 2024, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 9
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish -1.85%
Upper Bollinger Band Walk Strength -1.85%
Inside Day Range Contraction -1.85%
Above Upper BB Strength -1.85%
Overbought Stochastic Strength -1.85%
Up 3 Days in a Row Strength -1.85%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 15 hours ago
Down 2 % about 15 hours ago
Possible Inside Day about 16 hours ago
60 Minute Opening Range Breakdown about 19 hours ago
Down 1% about 19 hours ago

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Profile

Mueller Industries, Inc. Description

Mueller Industries, Inc. engages in the manufacture and sale of copper, brass, plastic, and aluminum products in the United States, Canada, Mexico, Great Britain, and China. It operates in two segments, Plumbing & Refrigeration and Original Equipment Manufacturers (OEM). The Plumbing & Refrigeration segment offers copper tubes in straight lengths and coils; copper and plastic fittings, line sets, plastic pipes, valves, and related components for use in water distribution systems, heating systems, air-conditioning, and refrigeration applications, as well as for drainage, waste, and vent systems. It also fabricates steel pipe nipples; and resells imported brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialty products to plumbing wholesalers and building materials retailers, as well as to distributors of manufactured housing and recreational vehicle industries. This segment markets its products through its sales offices and distribution centers, and a network of agents. The OEM segment manufactures and sells brass, bronze, and copper alloy rods for applications that require a high degree of machinability, wear and corrosion resistance, and electrical conductivity; brass and aluminum forgings for use in various products, including automotive components, brass fittings, industrial machinery, valve bodies, gear blanks, and computer hardware; and cold-formed aluminum and copper impact extrusions for use in automotive, military ordnance, aerospace, and general manufacturing industries. It also manufactures and fabricates valves and custom OEM products for refrigeration and air-conditioning, gas appliance, and barbecue grill applications; and manufactures shaped and formed tube for baseboard heating, appliances, and medical instruments. This segment sells its products directly to OEM customers, as well as to other manufacturers and distributors. The company was founded in 1900 and is headquartered in Memphis, Tennessee.


Classification

Sector: Industrials
Industry: Metal Fabrication
Keywords: Aerospace Building Materials Chemical Elements Plumbing Alloys Refrigeration Distribution Center Corrosion Distribution Systems Manufactured Housing Drainage Extrusion Industrial Machinery Aluminum Products Computer Hardware Manufacturing Industries Brass Forging Steel Pipe Barbecue Barbecue Grill Water Distribution Systems Refrigeration Applications

Is MLI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 59.59
52 Week Low 34.6973
Average Volume 701,494
200-Day Moving Average 43.90
50-Day Moving Average 52.31
20-Day Moving Average 53.72
10-Day Moving Average 54.51
Average True Range 1.61
RSI (14) 67.64
ADX 24.01
+DI 33.48
-DI 10.47
Chandelier Exit (Long, 3 ATRs) 54.75
Chandelier Exit (Short, 3 ATRs) 55.69
Upper Bollinger Bands 58.06
Lower Bollinger Band 49.38
Percent B (%b) 0.92
BandWidth 16.16
MACD Line 1.30
MACD Signal Line 0.75
MACD Histogram 0.5526
Fundamentals Value
Market Cap 6.51 Billion
Num Shares 114 Million
EPS 5.30
Price-to-Earnings (P/E) Ratio 10.82
Price-to-Sales 1.65
Price-to-Book 2.41
PEG Ratio 0.00
Dividend 0.60
Dividend Yield 1.05%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.44
Resistance 3 (R3) 60.62 59.78 59.92
Resistance 2 (R2) 59.78 58.99 59.68 59.74
Resistance 1 (R1) 58.55 58.50 58.13 58.37 59.57
Pivot Point 57.71 57.71 57.50 57.61 57.71
Support 1 (S1) 56.48 56.92 56.06 56.30 55.09
Support 2 (S2) 55.64 56.43 55.54 54.92
Support 3 (S3) 54.41 55.64 54.74
Support 4 (S4) 54.23