(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 2024-08-16 View latest technical analysis
10 day averaged volume of Miller Industries is 88620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 59.47 | 57.42 | 60.01 | 57.42 | 1.371 times |
| 15 Thu Aug 2024 | 57.27 | 57.65 | 58.48 | 57.13 | 0.8 times |
| 14 Wed Aug 2024 | 56.50 | 56.88 | 57.38 | 56.29 | 0.884 times |
| 13 Tue Aug 2024 | 56.49 | 57.84 | 57.85 | 56.25 | 1.018 times |
| 12 Mon Aug 2024 | 57.33 | 58.35 | 58.45 | 57.29 | 0.601 times |
| 09 Fri Aug 2024 | 58.07 | 59.51 | 60.11 | 57.45 | 1.16 times |
| 08 Thu Aug 2024 | 59.99 | 62.00 | 64.46 | 59.60 | 1.473 times |
| 07 Wed Aug 2024 | 61.60 | 63.98 | 63.99 | 61.36 | 0.714 times |
| 06 Tue Aug 2024 | 63.21 | 61.53 | 63.88 | 60.47 | 1.174 times |
| 05 Mon Aug 2024 | 60.91 | 61.21 | 61.53 | 58.19 | 1.307 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 58.6 as stoploss in an intra day buy trade for a target of 62.49. However, stock will show a bearish move below 58.6.
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 48.34 |
| Downside Target | 53.03 |
| Downside Target | 56.25 |
| Downside Target | 57.45 |
| Upside Target | 60.01 |
| Upside Target | 61.52 |
| Upside Target | 62.34 |
| Upside Target | 64.19 |
| Upside Target | 64.46 |
| Upside Target | 66.98 |
| Upside Target | 69.09 |
| Upside Target | 69.75 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 57.14 |
| Downside Intraday Target | 54.82 |
| Upside Intraday Target | 60.9 |
| Upside Intraday Target | 62.34 |
| Downside Intraday Target | 58.58 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 59.47 | 58.35 | 60.01 | 56.25 | 0.802 times |
| 09 Fri Aug 2024 | 58.07 | 61.21 | 64.46 | 57.45 | 0.965 times |
| 02 Fri Aug 2024 | 63.83 | 66.61 | 69.75 | 61.94 | 1.033 times |
| 26 Fri Jul 2024 | 66.19 | 62.85 | 66.98 | 62.34 | 1.035 times |
| 19 Fri Jul 2024 | 62.12 | 57.95 | 64.19 | 57.95 | 0.998 times |
Price has moved up 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 |
| 16 Fri Aug 2024 | 59.47 | 67.87 | 69.09 | 56.25 | 0.498 times |
| 31 Wed Jul 2024 | 67.94 | 54.99 | 69.75 | 53.03 | 1.215 times |
| 28 Fri Jun 2024 | 55.02 | 61.28 | 61.52 | 54.31 | 1.112 times |
| 31 Fri May 2024 | 60.80 | 48.36 | 61.87 | 48.36 | 1.374 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Miller Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Miller Industries in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Miller Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Miller Industries in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 59.3 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 falling down
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Miller Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Miller Industries in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Miller Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Miller Industries in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 59.3 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 falling down
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.