(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 2024-06-10 View latest technical analysis
10 day averaged volume of Miller Industries is 65490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 58.38 | 56.52 | 58.67 | 56.52 | 0.849 times |
| 07 Fri Jun 2024 | 57.20 | 57.34 | 57.51 | 55.97 | 1.431 times |
| 06 Thu Jun 2024 | 57.75 | 58.26 | 58.73 | 57.74 | 0.556 times |
| 05 Wed Jun 2024 | 58.59 | 57.86 | 58.71 | 57.71 | 0.545 times |
| 04 Tue Jun 2024 | 57.81 | 58.20 | 58.38 | 57.06 | 0.86 times |
| 03 Mon Jun 2024 | 58.73 | 61.28 | 61.52 | 58.54 | 1.054 times |
| 31 Fri May 2024 | 60.80 | 59.85 | 61.87 | 59.45 | 1.997 times |
| 30 Thu May 2024 | 59.24 | 57.84 | 59.52 | 57.80 | 0.692 times |
| 29 Wed May 2024 | 57.77 | 58.11 | 58.31 | 57.21 | 1.364 times |
| 28 Tue May 2024 | 59.01 | 59.71 | 59.71 | 58.55 | 0.907 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 58 as stoploss in an intra day buy trade for a target of 58.93. However, stock will show a bearish move below 58.
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 39.92 |
| Downside Target | 44.54 |
| Downside Target | 45.50 |
| Downside Target | 48.34 |
| Downside Target | 51.37 |
| Downside Target | 53.82 |
| Downside Target | 55.97 |
| Upside Target | 60.66 |
| Upside Target | 60.68 |
| Upside Target | 61.52 |
| Upside Target | 61.87 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 57.04 |
| Downside Intraday Target | 55.71 |
| Upside Intraday Target | 59.19 |
| Upside Intraday Target | 60.01 |
| Downside Intraday Target | 57.86 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 58.38 | 56.52 | 58.67 | 56.52 | 0.191 times |
| 07 Fri Jun 2024 | 57.20 | 61.28 | 61.52 | 55.97 | 0.896 times |
| 31 Fri May 2024 | 60.80 | 59.71 | 61.87 | 57.21 | 1.082 times |
| 24 Fri May 2024 | 59.35 | 59.98 | 60.66 | 57.95 | 0.935 times |
| 17 Fri May 2024 | 59.87 | 58.14 | 60.68 | 57.41 | 0.716 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 |
| 10 Mon Jun 2024 | 58.38 | 61.28 | 61.52 | 55.97 | 0.21 times |
| 31 Fri May 2024 | 60.80 | 48.36 | 61.87 | 48.36 | 1.374 times |
| 30 Tue Apr 2024 | 48.71 | 50.10 | 53.82 | 48.34 | 0.879 times |
| 28 Thu Mar 2024 | 50.10 | 45.24 | 51.37 | 44.54 | 1.374 times |
Scroll below to view daily charts
Price has moved down 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.
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 58.68 and Miller Industries (MLR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.
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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.
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 58.68 and Miller Industries (MLR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.