(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 2024-02-07 View latest technical analysis
10 day averaged volume of Miller Industries is 43500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 42.61 | 41.07 | 42.63 | 40.63 | 1.375 times |
| 06 Tue Feb 2024 | 40.39 | 40.10 | 40.51 | 39.92 | 0.52 times |
| 05 Mon Feb 2024 | 40.20 | 40.61 | 40.62 | 40.16 | 0.733 times |
| 02 Fri Feb 2024 | 40.76 | 40.59 | 41.07 | 40.29 | 1.124 times |
| 01 Thu Feb 2024 | 40.84 | 40.39 | 40.93 | 40.07 | 0.92 times |
| 31 Wed Jan 2024 | 40.25 | 41.16 | 41.24 | 40.24 | 1.315 times |
| 30 Tue Jan 2024 | 41.10 | 41.38 | 41.81 | 40.98 | 1.2 times |
| 29 Mon Jan 2024 | 41.52 | 41.09 | 41.54 | 40.33 | 1.039 times |
| 26 Fri Jan 2024 | 41.19 | 41.64 | 41.81 | 41.17 | 0.862 times |
| 25 Thu Jan 2024 | 41.33 | 40.96 | 41.46 | 40.90 | 1.699 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 42.3, for a target of 41.3 or 40.37
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 |
| Downside Target | 41.50 |
| Downside Target | 41.81 |
| Downside Target | 42.27 |
| Upside Target | 42.63 |
| Upside Target | 43.50 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 40.81 |
| Downside Intraday Target | 39.01 |
| Upside Intraday Target | 43.52 |
| Upside Intraday Target | 44.43 |
| Downside Intraday Target | 41.72 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 42.61 | 40.61 | 42.63 | 39.92 | 0.469 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 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 |
| 07 Wed Feb 2024 | 42.61 | 40.39 | 42.63 | 39.92 | 0.195 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 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 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 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. Bears are weakening, and bulls are picking up momentum!
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 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 41.12 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 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 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 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. Bears are weakening, and bulls are picking up momentum!
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 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 41.12 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.