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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 2024-02-09 View latest technical analysis

10 day averaged volume of Miller Industries is 44810

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	43.35	42.75	43.37	42.41	0.855 times
08 Thu Feb 2024	42.59	42.41	43.00	42.25	1.178 times
07 Wed Feb 2024	42.61	41.07	42.63	40.63	1.335 times
06 Tue Feb 2024	40.39	40.10	40.51	39.92	0.504 times
05 Mon Feb 2024	40.20	40.61	40.62	40.16	0.712 times
02 Fri Feb 2024	40.76	40.59	41.07	40.29	1.091 times
01 Thu Feb 2024	40.84	40.39	40.93	40.07	0.893 times
31 Wed Jan 2024	40.25	41.16	41.24	40.24	1.277 times
30 Tue Jan 2024	41.10	41.38	41.81	40.98	1.165 times
29 Mon Jan 2024	41.52	41.09	41.54	40.33	1.009 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 43.3, for a target of 41.9 or 40.69

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	43.37
Upside Target	43.50

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	41.06
Downside Intraday Target	38.76
Upside Intraday Target	44.51
Upside Intraday Target	45.66
Downside Intraday Target	42.21

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	43.35	40.61	43.37	39.92	0.844 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
09 Fri Feb 2024	43.35	40.39	43.37	39.92	0.282 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 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 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 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 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 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 green color and prices are above the green 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 41.44 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.