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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 2024-02-15 View latest technical analysis

10 day averaged volume of Miller Industries is 53360

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	43.94	42.76	43.95	42.46	1.046 times
14 Wed Feb 2024	42.64	42.37	42.80	42.07	0.738 times
13 Tue Feb 2024	42.04	43.00	43.13	41.94	1.99 times
12 Mon Feb 2024	43.96	43.42	44.30	43.19	1.756 times
09 Fri Feb 2024	43.35	42.75	43.37	42.41	0.718 times
08 Thu Feb 2024	42.59	42.41	43.00	42.25	0.99 times
07 Wed Feb 2024	42.61	41.07	42.63	40.63	1.121 times
06 Tue Feb 2024	40.39	40.10	40.51	39.92	0.424 times
05 Mon Feb 2024	40.20	40.61	40.62	40.16	0.598 times
02 Fri Feb 2024	40.76	40.59	41.07	40.29	0.916 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 44.3, for a target of 42.8 or 41.46

Share price targets for Miller Industries (MLR)

Target Type	Value
Downside Target	34.96
Downside Target	35.96
Downside Target	38.33
Downside Target	41.50
Downside Target	41.81
Downside Target	41.94
Downside Target	42.27
Downside Target	43.37
Downside Target	43.50
Upside Target	44.30

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	42.49
Downside Intraday Target	41.03
Upside Intraday Target	44.85
Upside Intraday Target	45.75
Downside Intraday Target	43.39

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	43.94	43.42	44.30	41.94	1.437 times
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

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
15 Thu Feb 2024	43.94	40.39	44.30	39.92	0.565 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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 42.52 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.