(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 2024-10-15 View latest technical analysis
10 day averaged volume of Miller Industries is 88340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 62.78 | 62.90 | 64.23 | 62.77 | 0.946 times |
| 14 Mon Oct 2024 | 63.36 | 62.81 | 63.56 | 62.53 | 0.32 times |
| 11 Fri Oct 2024 | 62.99 | 61.00 | 63.06 | 60.45 | 0.764 times |
| 10 Thu Oct 2024 | 60.67 | 62.16 | 62.29 | 60.05 | 1.286 times |
| 09 Wed Oct 2024 | 62.90 | 62.23 | 64.86 | 62.05 | 1.404 times |
| 08 Tue Oct 2024 | 62.25 | 62.16 | 62.29 | 61.02 | 0.857 times |
| 07 Mon Oct 2024 | 62.46 | 61.52 | 62.72 | 61.34 | 0.583 times |
| 04 Fri Oct 2024 | 61.99 | 63.13 | 63.13 | 61.52 | 0.779 times |
| 03 Thu Oct 2024 | 61.84 | 62.71 | 62.71 | 61.52 | 0.934 times |
| 02 Wed Oct 2024 | 62.80 | 61.07 | 63.90 | 60.52 | 2.101 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.6, but if it comes below 62.6, then a intra day sell could be more profitable.
If you take a sell trade below 62.6, then use 62.6 as stoploss and 61.48 as target. However if you take a buy trade in stock , then use 62.6 as stoploss and 64 as target.
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 53.03 |
| Downside Target | 54.31 |
| Downside Target | 55.50 |
| Downside Target | 57.67 |
| Downside Target | 61.52 |
| Downside Target | 62.53 |
| Upside Target | 63.90 |
| Upside Target | 64.23 |
| Upside Target | 64.86 |
| Upside Target | 69.09 |
| Upside Target | 69.75 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 62.13 |
| Downside Intraday Target | 61.48 |
| Upside Intraday Target | 63.83 |
| Upside Intraday Target | 64.88 |
| Upside Intraday Target | 63.18 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 62.78 | 62.81 | 64.23 | 62.53 | 0.259 times |
| 11 Fri Oct 2024 | 62.99 | 61.52 | 64.86 | 60.05 | 0.902 times |
| 04 Fri Oct 2024 | 61.99 | 60.17 | 63.90 | 58.68 | 1.345 times |
| 27 Fri Sep 2024 | 60.20 | 61.50 | 62.25 | 59.55 | 0.537 times |
| 20 Fri Sep 2024 | 61.50 | 58.62 | 62.00 | 57.67 | 1.665 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 |
| 15 Tue Oct 2024 | 62.78 | 60.91 | 64.86 | 58.68 | 0.525 times |
| 30 Mon Sep 2024 | 61.00 | 59.85 | 62.25 | 55.50 | 0.822 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 |
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 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 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 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 neutral. A longer time frame might give a better analysis.
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 and the buy 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Miller Industries in short term and BUY signal is strong.
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
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 62.35 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 and the buy 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Miller Industries in short term and BUY signal is strong.
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
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 62.35 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.