Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-06 View latest technical analysis

10 day averaged volume of Miller Industries is 45950

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	40.39	40.10	40.51	39.92	0.492 times
05 Mon Feb 2024	40.20	40.61	40.62	40.16	0.694 times
02 Fri Feb 2024	40.76	40.59	41.07	40.29	1.064 times
01 Thu Feb 2024	40.84	40.39	40.93	40.07	0.871 times
31 Wed Jan 2024	40.25	41.16	41.24	40.24	1.245 times
30 Tue Jan 2024	41.10	41.38	41.81	40.98	1.136 times
29 Mon Jan 2024	41.52	41.09	41.54	40.33	0.984 times
26 Fri Jan 2024	41.19	41.64	41.81	41.17	0.816 times
25 Thu Jan 2024	41.33	40.96	41.46	40.90	1.608 times
24 Wed Jan 2024	40.54	40.72	40.84	40.25	0.557 times

My analysis of stock is bullish for shortterm, and stock might move up till 41 or till 41.9. Use a stoploss of 40.21 and if this stock hits its stoploss, then it can fall down till 39.46

Share price targets for Miller Industries (MLR)

Target Type	Value
Downside Target	34.96
Downside Target	35.96
Downside Target	38.33
Downside Target	40.07
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
Downside Intraday Target	39.61
Upside Intraday Target	40.7
Upside Intraday Target	41.01
Downside Intraday Target	40.31

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	40.39	40.61	40.62	39.92	0.224 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
06 Tue Feb 2024	40.39	40.39	41.07	39.92	0.138 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 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 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 SELL signal for Miller Industries in short term but the sell signal is initial and weak.

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 in or above the red cloud Prices appear to be moving up

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

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 40.88 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 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.