MLM Chart Analysis
$509.96as of 2026-09-11MLM is in a daily downtrend (price below EMA20 (521.66), price below EMA50 (541.29), price below SMA200 (599.20)). The weekly timeframe agrees (downtrend). Price sits 28.3% below the 52-week high. Nearest resistance 523.68 (3 touches, 2.7% away). Nearest support 502.56 (1 touch, 1.5% below). Price has held a 6-week base box.
Trend regime by timeframe
- • price below EMA20 (521.66)
- • price below EMA50 (541.29)
- • price below SMA200 (599.20)
- • falling pivot lows
- • falling pivot highs
- • price below EMA20 (559.81)
- • price below EMA50 (579.74)
- • falling pivot lows
- • mixed pivot highs
- • price below EMA20 (563.33)
- • rising pivot lows
- • mixed pivot highs
Key support & resistance levels
Levels are clustered from the swing highs and lows of the past year, weighted by the volume traded at each touch. More touches means the market has respected the level more often.
| Level | Type | Tested | From price |
|---|---|---|---|
| $569.80 | Resistance | 1 touch | +11.7% |
| $560.64 | Resistance | 6 touches | +9.9% |
| $540.89 | Resistance | 4 touches | +6.1% |
| $523.68 | Resistance | 3 touches | +2.7% |
| $509.96 | Last close (2026-09-11) | ||
| $502.56 | Support | 1 touch | -1.5% |
| $491.62 | Support · 52-week low | 1 touch | -3.6% |
Detected chart patterns
2026-07-29 → 2026-09-01 · confirmed 2026-09-02
Break level $508.74 · measured objective $588.00
- • both trendlines falling, range compressed to 22% of start
What the levels imply
Conditional paths off the mapped levels — if/then structure, not forecasts.
If: close above resistance 523.68 (3 touches)
Then next objective: $540.89 (+6.1%)
If: close below support 502.56 (1 touch)
Then next objective: $491.62 (-3.6%)
Frequently asked questions
What is MLM's support level?
The nearest mapped support for MLM is $502.56, a level the market has tested 1 time, sitting 1.5% below the last close of $509.96.
What is MLM's resistance level?
The nearest mapped resistance for MLM is $523.68 (3 touches), 2.7% above the last close.
Is MLM in an uptrend or downtrend?
As of 2026-09-11, MLM reads as a daily downtrend (price below EMA20 (521.66); price below EMA50 (541.29); price below SMA200 (599.20)). This is a structural description of price history, not a prediction.
Does MLM have any chart patterns right now?
MLM currently shows a confirmed falling wedge, with a break level at $508.74 and a measured objective of $588.00.
See the full picture in SignalFin
The annotated chart behind this analysis — levels, patterns, and bases drawn on real candlesticks — plus live swing setups, an AI analyst, and daily scans across the whole index.
Open SignalFinEvery number on this page is computed from MLM's price history and refreshed each trading day (data as of 2026-09-11). Nothing here is a prediction or investment advice — scenarios are conditional descriptions of mapped levels. See our disclaimer and data sources.