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Mueller Inds Has Returned 18.7% Since SmarTrend Recommendation (MLI)

By Nick Russo

SmarTrend identified a Downtrend for Mueller Inds (NYSE:MLI) on January 25th, 2018 at $34.63. In approximately 2 months, Mueller Inds has returned 18.65% as of today's recent price of $28.17.

In the past 52 weeks, shares of Mueller Inds have traded between a low of $25.50 and a high of $43.96 and are now at $28.17, which is 10% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.3%.

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 changes in momentum for shares of Mueller Inds.

Log in and add Mueller Inds (MLI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights mueller inds

Ticker(s): MLI