(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 2024-09-16 View latest technical analysis
10 day averaged volume of Miller Industries is 100480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 58.14 | 58.62 | 58.73 | 57.67 | 0.599 times |
| 13 Fri Sep 2024 | 58.05 | 58.69 | 59.32 | 57.85 | 0.434 times |
| 12 Thu Sep 2024 | 57.81 | 57.22 | 58.58 | 56.82 | 0.795 times |
| 11 Wed Sep 2024 | 56.89 | 56.50 | 57.31 | 55.50 | 0.464 times |
| 10 Tue Sep 2024 | 57.04 | 57.05 | 57.47 | 56.35 | 1.515 times |
| 09 Mon Sep 2024 | 57.33 | 58.00 | 58.40 | 57.17 | 0.762 times |
| 06 Fri Sep 2024 | 57.73 | 58.95 | 59.35 | 57.73 | 0.719 times |
| 05 Thu Sep 2024 | 58.93 | 58.55 | 58.95 | 57.84 | 1.113 times |
| 04 Wed Sep 2024 | 58.44 | 58.20 | 58.50 | 57.34 | 0.907 times |
| 03 Tue Sep 2024 | 58.33 | 59.85 | 59.99 | 58.00 | 0.891 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 57.7 as stoploss in an intra day buy trade for a target of 59.44. However, stock will show a bearish move below 57.7.
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 48.36 |
| Downside Target | 53.03 |
| Downside Target | 54.31 |
| Downside Target | 55.50 |
| Upside Target | 59.99 |
| Upside Target | 61.08 |
| Upside Target | 61.52 |
| Upside Target | 61.87 |
| Upside Target | 63.72 |
| Upside Target | 69.09 |
| Upside Target | 69.75 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 57.63 |
| Downside Intraday Target | 57.12 |
| Upside Intraday Target | 58.69 |
| Upside Intraday Target | 59.24 |
| Upside Intraday Target | 58.18 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 58.14 | 58.62 | 58.73 | 57.67 | 0.151 times |
| 13 Fri Sep 2024 | 58.05 | 58.00 | 59.32 | 55.50 | 1.094 times |
| 06 Fri Sep 2024 | 57.73 | 59.85 | 59.99 | 57.34 | 1.511 times |
| 30 Fri Aug 2024 | 60.71 | 60.94 | 61.08 | 59.30 | 0.475 times |
| 30 Fri Aug 2024 | 60.71 | 63.72 | 63.72 | 59.30 | 1.34 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 Mon Sep 2024 | 58.14 | 59.85 | 59.99 | 55.50 | 0.368 times |
| 30 Fri Aug 2024 | 60.71 | 67.87 | 69.09 | 56.25 | 1.004 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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Miller Industries ( (MLR) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Miller Industries in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 57.88 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 negative.
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Miller Industries ( (MLR) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Miller Industries in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 57.88 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.