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(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 2024-12-23 View latest technical analysis

10 day averaged volume of Miller Industries is 81507

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	66.40	66.57	67.52	66.17	0.886 times
20 Fri Dec 2024	67.04	66.15	68.74	66.15	1.569 times
19 Thu Dec 2024	67.17	68.11	70.54	66.62	0.889 times
18 Wed Dec 2024	67.65	70.26	71.28	67.36	1.297 times
17 Tue Dec 2024	69.65	71.49	72.44	69.36	0.789 times
16 Mon Dec 2024	71.70	71.40	72.80	71.40	0.758 times
13 Fri Dec 2024	71.40	71.76	72.02	71.24	0.951 times
12 Thu Dec 2024	71.72	72.23	73.28	71.53	0.776 times
11 Wed Dec 2024	72.43	73.15	73.39	72.17	0.811 times
10 Tue Dec 2024	72.35	73.08	74.00	71.91	0.972 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.6, but if it comes above 67.6, then a intra day buy could be more profitable.
If you take a sell trade below 67.6, then use 67.6 as stoploss and 64.1 as target. However if you take a buy trade in stock , then use 67.6 as stoploss and 70.45 as target.

Share price targets for Miller Industries (MLR)

Target Type	Value
Downside Target	55.50
Downside Target	58.68
Downside Target	62.25
Downside Target	65.01
Upside Target	67.52
Upside Target	71.24
Upside Target	72.25
Upside Target	72.80
Upside Target	74.24
Upside Target	74.50
Upside Target	74.68
Upside Target	78.25

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	65.87
Downside Intraday Target	65.35
Upside Intraday Target	67.22
Upside Intraday Target	68.05
Upside Intraday Target	66.7

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	66.40	66.57	67.52	66.17	0.167 times
20 Fri Dec 2024	67.04	71.40	72.80	66.15	1.129 times
13 Fri Dec 2024	71.40	72.75	74.24	71.24	3.429 times
05 Thu Dec 2024	74.50	73.45	74.68	72.25	0.414 times
26 Tue Nov 2024	74.27	72.79	74.68	72.25	0.504 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
23 Mon Dec 2024	66.40	74.01	74.50	66.15	0.417 times
26 Tue Nov 2024	74.27	65.99	78.25	65.01	1.253 times
31 Thu Oct 2024	65.64	60.91	68.75	58.68	0.926 times
30 Mon Sep 2024	61.00	59.85	62.25	55.50	0.822 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 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 Strong and stock is losing 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 red color and prices are below the red 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 BUY signal in short term and the buying is gaining 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 69.44 and Miller Industries (MLR) stock is trading below this level. This means that stock is falling with high volumes. 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.