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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 2024-02-05 View latest technical analysis

10 day averaged volume of Miller Industries is 47550

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	40.20	40.61	40.62	40.16	0.671 times
02 Fri Feb 2024	40.76	40.59	41.07	40.29	1.028 times
01 Thu Feb 2024	40.84	40.39	40.93	40.07	0.841 times
31 Wed Jan 2024	40.25	41.16	41.24	40.24	1.203 times
30 Tue Jan 2024	41.10	41.38	41.81	40.98	1.098 times
29 Mon Jan 2024	41.52	41.09	41.54	40.33	0.951 times
26 Fri Jan 2024	41.19	41.64	41.81	41.17	0.789 times
25 Thu Jan 2024	41.33	40.96	41.46	40.90	1.554 times
24 Wed Jan 2024	40.54	40.72	40.84	40.25	0.538 times
23 Tue Jan 2024	40.30	40.59	40.64	40.00	0.991 times

My analysis of stock is bullish for shortterm, and stock might move up till 40.9 or till 41.9. Use a stoploss of 40.17 and if this stock hits its stoploss, then it can fall down till 39.4

Share price targets for Miller Industries (MLR)

Target Type	Value
Downside Target	34.96
Downside Target	35.96
Downside Target	38.33
Downside Target	40.16
Upside Target	40.62
Upside Target	41.07
Upside Target	41.50
Upside Target	41.81
Upside Target	42.27
Upside Target	43.50

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	40.03
Downside Intraday Target	39.87
Upside Intraday Target	40.49
Upside Intraday Target	40.79
Upside Intraday Target	40.33

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	40.20	40.61	40.62	40.16	0.131 times
02 Fri Feb 2024	40.76	41.09	41.81	40.07	1.05 times
26 Fri Jan 2024	41.19	39.57	41.81	39.49	1.508 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

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
05 Mon Feb 2024	40.20	40.39	41.07	40.07	0.116 times
31 Wed Jan 2024	40.25	42.27	42.27	38.33	0.845 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

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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Miller Industries in short term and the buy signal is strong.

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 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 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 40.85 and Miller Industries (MLR) stock is trading below this level. This means that stock is falling with high volumes. 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 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.