(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 2024-04-17 View latest technical analysis
10 day averaged volume of Miller Industries is 62280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 49.28 | 50.87 | 51.00 | 49.24 | 0.782 times |
| 16 Tue Apr 2024 | 50.48 | 50.39 | 50.79 | 49.94 | 0.633 times |
| 15 Mon Apr 2024 | 50.46 | 50.36 | 50.82 | 50.09 | 0.65 times |
| 12 Fri Apr 2024 | 50.28 | 52.19 | 52.19 | 50.19 | 0.894 times |
| 11 Thu Apr 2024 | 52.25 | 51.13 | 52.27 | 50.67 | 0.869 times |
| 10 Wed Apr 2024 | 51.13 | 52.52 | 53.08 | 51.05 | 1.004 times |
| 09 Tue Apr 2024 | 53.13 | 53.30 | 53.60 | 52.59 | 0.551 times |
| 08 Mon Apr 2024 | 53.01 | 53.16 | 53.82 | 52.85 | 0.886 times |
| 05 Fri Apr 2024 | 52.80 | 52.09 | 53.00 | 51.85 | 0.885 times |
| 04 Thu Apr 2024 | 51.99 | 51.50 | 52.88 | 51.22 | 1.018 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.1 as stoploss in an intra day buy trade for a target of 50.51. However, stock will show a bearish move below 49.1.
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 | 47.00 |
| Downside Target | 48.30 |
| Upside Target | 50.56 |
| Upside Target | 51.00 |
| Upside 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 | 48.68 |
| Downside Intraday Target | 48.08 |
| Upside Intraday Target | 50.44 |
| Upside Intraday Target | 51.6 |
| Upside Intraday Target | 49.84 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 49.28 | 50.36 | 51.00 | 49.24 | 0.491 times |
| 12 Fri Apr 2024 | 50.28 | 53.16 | 53.82 | 50.19 | 0.653 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 |
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 |
| 17 Wed Apr 2024 | 49.28 | 50.10 | 53.82 | 49.24 | 0.58 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 down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Miller Industries ( (MLR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Miller Industries ( (MLR) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Miller Industries in short term but the sell signal is initial and weak.
Miller Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Miller Industries in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Miller Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.5 and Miller Industries (MLR) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.
Price action analysis of Miller Industries ( (MLR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Miller Industries ( (MLR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Miller Industries ( (MLR) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Miller Industries in short term but the sell signal is initial and weak.
Miller Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Miller Industries in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Miller Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.5 and Miller Industries (MLR) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.