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Mueller Inds Shares Up 7.3% Since SmarTrend's Buy Recommendation (MLI)

By Shiri Gupta

SmarTrend identified an Uptrend for Mueller Inds (NYSE:MLI) on March 26th, 2020 at $22.90. In approximately 2 months, Mueller Inds has returned 7.32% as of today's recent price of $24.57.

In the past 52 weeks, Mueller Inds share prices have been bracketed by a low of $16.78 and a high of $34.11 and are now at $24.57, 46% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.9%.

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 Inds shares.

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