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(MLR) Miller Industries complete technical analysis [charts+indicators] | Buy/Sell Miller Industries | (MLR) share price targets

Complete technical analysis of Miller Industries (MLR) by charts plus indicators, forecast predictions and share price targets for Miller Industries (MLR)

Miller Industries trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-04-11 View latest technical analysis

10 day averaged volume of Miller Industries is 68560

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Apr 2024	52.25	51.13	52.27	50.67	0.789 times
10 Wed Apr 2024	51.13	52.52	53.08	51.05	0.912 times
09 Tue Apr 2024	53.13	53.30	53.60	52.59	0.5 times
08 Mon Apr 2024	53.01	53.16	53.82	52.85	0.805 times
05 Fri Apr 2024	52.80	52.09	53.00	51.85	0.804 times
04 Thu Apr 2024	51.99	51.50	52.88	51.22	0.925 times
03 Wed Apr 2024	50.66	49.99	51.30	49.96	2.372 times
02 Tue Apr 2024	50.41	49.78	51.16	49.72	0.942 times
01 Mon Apr 2024	49.63	50.10	50.46	49.37	0.804 times
28 Thu Mar 2024	50.10	50.29	50.56	49.73	1.282 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 51.9, but if it comes below 51.9, then a intra day sell could be more profitable.
If you take a sell trade below 51.9, then use 51.9 as stoploss and 49.98 as target. However if you take a buy trade in stock , then use 51.9 as stoploss and 54.2 as target.

Share price targets for Miller Industries (MLR)

Target Type	Value
Downside Target	38.33
Downside Target	39.92
Downside Target	42.27
Downside Target	43.50
Downside Target	44.54
Downside Target	45.50
Downside Target	46.84
Downside Target	48.30
Downside Target	50.56
Downside Target	50.67
Downside Target	51.37
Upside Target	53.00
Upside Target	53.82

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	50.67
Downside Intraday Target	49.1
Upside Intraday Target	53.82
Upside Intraday Target	55.4
Downside Intraday Target	52.25

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Apr 2024	52.25	53.16	53.82	50.67	0.514 times
05 Fri Apr 2024	52.80	50.10	53.00	49.37	1.549 times
28 Thu Mar 2024	50.10	48.30	50.56	48.30	0.946 times
22 Fri Mar 2024	48.40	47.37	48.94	47.00	0.807 times
15 Fri Mar 2024	47.56	48.40	49.00	46.84	0.741 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Miller Industries (MLR)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Apr 2024	52.25	50.10	53.82	49.37	0.445 times
28 Thu Mar 2024	50.10	45.24	51.37	44.54	1.374 times
29 Thu Feb 2024	45.01	40.39	45.50	39.92	0.953 times
31 Wed Jan 2024	40.25	42.27	42.27	38.33	0.845 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Miller Industries (MLR)

Price action analysis of Miller Industries ( (MLR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Miller Industries ( (MLR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Miller Industries ( (MLR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Miller Industries ( (MLR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Miller Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Miller Industries in short term and the buy signal is strong.

Miller Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Miller Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Miller Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.25 and Miller Industries (MLR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Miller Industries (MLR) stock. Volume based technical analysis of Miller Industries (MLR) stock is negative.

Miller Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.