SmarTrend identified an Uptrend for Mueller Industries (NYSE:MLI) on November 23rd, 2012 at $45.92. In approximately 2 months, Mueller Industries has returned 17.76% as of today's recent price of $54.07.

Over the past year, Mueller Industries has traded in a range of $39.72 to $54.30 and is now at $54.21, 36% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.5%.

Mueller Industries, Inc. manufactures and sells brass, copper, plastic and aluminum products. The Company's products include copper tube and fittings, brass and copper alloy rods and bars, aluminum and brass forgings, aluminum and copper impact extrusions, plastic fittings and valves, refrigeration valves and fittings, and fabricated tubular products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Mueller Industries shares.

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