Technical Analysis for MLI - Mueller Industries, Inc.

Grade Last Price % Change Price Change
A 47.26 2.61% 1.20
MLI closed up 2.61 percent on Thursday, May 6, 2021, on 60 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical MLI trend table...

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Reversal New Highs Setup Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
New 52 Week High Strength 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Older End-of-Day Signals for MLI ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 2% about 11 hours ago
60 Minute Opening Range Breakout about 11 hours ago
Outside Day about 17 hours ago
Fell Below Previous Day's Low about 17 hours ago
Rose Above Previous Day's High about 17 hours ago
View Earlier Intraday Alerts

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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 Alloy Distribution Center Refrigeration Corrosion Building Material Distribution Systems Manufactured Housing Drainage Extrusion Computer Hardware Aluminum Products Manufacturing Industries Industrial Machinery Brass Forging Steel Pipe Barbecue Water Distribution Systems Barbecue Grill 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 47.29
52 Week Low 20.91
Average Volume 250,609
200-Day Moving Average 35.11
50-Day Moving Average 43.34
20-Day Moving Average 45.13
10-Day Moving Average 45.78
Average True Range 1.03
ADX 34.54
+DI 28.22
-DI 9.43
Chandelier Exit (Long, 3 ATRs ) 44.21
Chandelier Exit (Short, 3 ATRs ) 45.57
Upper Bollinger Band 46.79
Lower Bollinger Band 43.47
Percent B (%b) 1.14
BandWidth 7.36
MACD Line 0.99
MACD Signal Line 0.92
MACD Histogram 0.0626
Fundamentals Value
Market Cap 2.7 Billion
Num Shares 57.1 Million
EPS 2.33
Price-to-Earnings (P/E) Ratio 20.28
Price-to-Sales 0.83
Price-to-Book 2.64
PEG Ratio 0.00
Dividend 0.40
Dividend Yield 0.85%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 49.41
Resistance 3 (R3) 49.18 48.23 49.05
Resistance 2 (R2) 48.23 47.69 48.35 48.93
Resistance 1 (R1) 47.75 47.35 47.99 47.98 48.81
Pivot Point 46.80 46.80 46.93 46.92 46.80
Support 1 (S1) 46.32 46.26 46.56 46.55 45.71
Support 2 (S2) 45.37 45.92 45.49 45.59
Support 3 (S3) 44.89 45.37 45.47
Support 4 (S4) 45.12