Technical Analysis for MLI - Mueller Industries, Inc.

Grade Last Price % Change Price Change
C 64.45 2.19% 1.38
MLI closed down 3.94 percent on Monday, January 30, 2023, on 1.34 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 2.19%
Fell Below 50 DMA Bearish 2.19%
180 Bearish Setup Bearish Swing Setup 2.19%
Expansion Pivot Sell Setup Bearish Swing Setup 2.19%
Earnings Movers Other 2.19%
Gapped Down Weakness 2.19%
50 DMA Support Bullish -1.84%
Crossed Above 50 DMA Bullish -1.03%
Gapped Up Strength -1.03%
Fell Below 50 DMA Bearish -0.06%

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Alert Time
50 DMA Resistance 12 minutes ago
Rose Above 10 DMA 12 minutes ago
Up 2% 12 minutes ago
60 Minute Opening Range Breakout about 1 hour ago
20 DMA Resistance about 1 hour 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 Computer Hardware Industrial Machinery Aluminum Products 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 70.425
52 Week Low 50.05
Average Volume 289,155
200-Day Moving Average 60.73
50-Day Moving Average 64.48
20-Day Moving Average 63.37
10-Day Moving Average 64.61
Average True Range 1.77
RSI 47.37
ADX 20.94
+DI 26.72
-DI 21.50
Chandelier Exit (Long, 3 ATRs) 62.25
Chandelier Exit (Short, 3 ATRs) 63.48
Upper Bollinger Bands 68.69
Lower Bollinger Band 58.05
Percent B (%b) 0.47
BandWidth 16.79
MACD Line 0.44
MACD Signal Line 0.35
MACD Histogram 0.0923
Fundamentals Value
Market Cap 3.6 Billion
Num Shares 57.1 Million
EPS 2.33
Price-to-Earnings (P/E) Ratio 27.07
Price-to-Sales 0.83
Price-to-Book 2.64
PEG Ratio 0.00
Dividend 0.40
Dividend Yield 0.63%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 66.70
Resistance 3 (R3) 67.01 66.11 66.10
Resistance 2 (R2) 66.11 65.19 65.96 65.89
Resistance 1 (R1) 64.59 64.61 64.14 64.28 65.69
Pivot Point 63.69 63.69 63.47 63.54 63.69
Support 1 (S1) 62.17 62.77 61.72 61.86 60.45
Support 2 (S2) 61.27 62.19 61.12 60.25
Support 3 (S3) 59.75 61.27 60.05
Support 4 (S4) 59.44