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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 2024-02-20 View latest technical analysis

10 day averaged volume of Miller Industries is 54460

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	42.72	42.92	43.05	42.41	0.74 times
16 Fri Feb 2024	43.20	43.60	43.94	42.83	0.81 times
15 Thu Feb 2024	43.94	42.76	43.95	42.46	1.025 times
14 Wed Feb 2024	42.64	42.37	42.80	42.07	0.723 times
13 Tue Feb 2024	42.04	43.00	43.13	41.94	1.95 times
12 Mon Feb 2024	43.96	43.42	44.30	43.19	1.721 times
09 Fri Feb 2024	43.35	42.75	43.37	42.41	0.703 times
08 Thu Feb 2024	42.59	42.41	43.00	42.25	0.97 times
07 Wed Feb 2024	42.61	41.07	42.63	40.63	1.098 times
06 Tue Feb 2024	40.39	40.10	40.51	39.92	0.415 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43 as stoploss in an intra day sell trade for a target of 41.77. However, stock will show a bullish move above 43.

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	41.94
Downside Target	42.27
Downside Target	42.41
Upside Target	43.05
Upside Target	43.37
Upside Target	43.50
Upside Target	44.30

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	42.4
Downside Intraday Target	42.09
Upside Intraday Target	43.04
Upside Intraday Target	43.37
Upside Intraday Target	42.73

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	42.72	42.92	43.05	42.41	0.119 times
16 Fri Feb 2024	43.20	43.42	44.30	41.94	1.651 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

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
20 Tue Feb 2024	42.72	40.39	44.30	39.92	0.646 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Miller Industries ( (MLR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 losing momentum.

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

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 coming down

CCI has generated a SELL signal for Miller Industries in short term but SELL signal is weak.

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 42.88 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 positive

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