(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 2024-09-20 View latest technical analysis
10 day averaged volume of Miller Industries is 79660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 61.50 | 60.70 | 61.99 | 60.07 | 4.249 times |
| 19 Thu Sep 2024 | 61.50 | 61.25 | 62.00 | 60.08 | 1.285 times |
| 18 Wed Sep 2024 | 60.00 | 58.83 | 60.91 | 58.60 | 1.014 times |
| 17 Tue Sep 2024 | 58.78 | 58.80 | 59.61 | 58.47 | 1.031 times |
| 16 Mon Sep 2024 | 58.14 | 58.62 | 58.73 | 57.67 | 0.756 times |
| 13 Fri Sep 2024 | 58.05 | 58.69 | 59.32 | 57.85 | 0.547 times |
| 12 Thu Sep 2024 | 57.81 | 57.22 | 58.58 | 56.82 | 1.003 times |
| 11 Wed Sep 2024 | 56.89 | 56.50 | 57.31 | 55.50 | 0.585 times |
| 10 Tue Sep 2024 | 57.04 | 57.05 | 57.47 | 56.35 | 1.911 times |
| 09 Mon Sep 2024 | 57.33 | 58.00 | 58.40 | 57.17 | 0.962 times |
Stock of Miller Industries (MLR) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.1, but if it comes below 61.1, then a intra day sell could be more profitable.
If you take a sell trade below 61.1, then use 61.1 as stoploss and 59.39 as target. However if you take a buy trade in stock , then use 61.1 as stoploss and 63.2 as target.
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 |
| Downside Target | 59.30 |
| Upside Target | 61.52 |
| Upside Target | 61.87 |
| Upside Target | 62.00 |
| 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 | 58.78 |
| Downside Intraday Target | 56.06 |
| Upside Intraday Target | 63.11 |
| Upside Intraday Target | 64.72 |
| Downside Intraday Target | 60.39 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 61.50 | 58.62 | 62.00 | 57.67 | 1.665 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Miller Industries (MLR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 61.50 | 59.85 | 62.00 | 55.50 | 0.638 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 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 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 short 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 short to mid 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Miller Industries in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 but selling is losing 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 59.43 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.
Price action analysis of Miller Industries ( (MLR) ) based on a short 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 short 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 short to mid 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Miller Industries in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 but selling is losing 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 59.43 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.