(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 2024-01-23 View latest technical analysis
10 day averaged volume of Miller Industries is 43020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 40.30 | 40.59 | 40.64 | 40.00 | 1.095 times |
| 22 Mon Jan 2024 | 40.21 | 39.57 | 40.31 | 39.49 | 1.113 times |
| 19 Fri Jan 2024 | 39.34 | 39.32 | 39.49 | 38.61 | 0.823 times |
| 18 Thu Jan 2024 | 39.24 | 38.75 | 39.32 | 38.33 | 1.007 times |
| 17 Wed Jan 2024 | 38.68 | 39.00 | 39.34 | 38.59 | 0.73 times |
| 16 Tue Jan 2024 | 39.34 | 39.55 | 40.03 | 39.29 | 1.016 times |
| 12 Fri Jan 2024 | 39.92 | 40.02 | 40.02 | 39.43 | 0.742 times |
| 12 Fri Jan 2024 | 39.92 | 40.02 | 40.02 | 39.43 | 0.742 times |
| 11 Thu Jan 2024 | 39.66 | 39.31 | 39.72 | 39.17 | 1.06 times |
| 10 Wed Jan 2024 | 39.52 | 39.51 | 39.58 | 38.92 | 1.709 times |
My analysis of stock is bearish for shortterm, and stock might move down till 39.2 or till 37.8. Use a stoploss of 40.4 and if the stock hits stoploss, then it can shoot up till 41.58
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 34.96 |
| Downside Target | 35.96 |
| Downside Target | 38.33 |
| Downside Target | 40.03 |
| Upside Target | 40.62 |
| Upside Target | 40.64 |
| Upside Target | 41.50 |
| Upside Target | 42.27 |
| Upside Target | 43.50 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 39.65 |
| Downside Intraday Target | 38.99 |
| Upside Intraday Target | 40.8 |
| Upside Intraday Target | 41.29 |
| Downside Intraday Target | 40.14 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 40.30 | 39.57 | 40.64 | 39.49 | 0.618 times |
| 19 Fri Jan 2024 | 39.34 | 39.55 | 40.03 | 38.33 | 4.821 times |
| 12 Fri Jan 2024 | 39.92 | 40.02 | 40.02 | 39.43 | 0.12 times |
| 12 Fri Jan 2024 | 39.92 | 40.33 | 40.62 | 38.92 | 1.313 times |
| 05 Fri Jan 2024 | 40.36 | 42.27 | 42.27 | 39.70 | 4.761 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 |
| 23 Tue Jan 2024 | 40.30 | 42.27 | 42.27 | 38.33 | 0.608 times |
| 29 Fri Dec 2023 | 42.29 | 39.71 | 43.50 | 38.96 | 2.191 times |
| 30 Thu Nov 2023 | 39.74 | 36.33 | 41.50 | 35.96 | 1.06 times |
| 31 Tue Oct 2023 | 36.37 | 38.91 | 39.98 | 34.96 | 1.145 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 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 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 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 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 moving up
CCI has generated a buy signal for Miller Industries in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 39.63 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 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 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 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 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 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 moving up
CCI has generated a buy signal for Miller Industries in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 39.63 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.