(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 2024-06-24 View latest technical analysis
10 day averaged volume of Miller Industries is 93600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 57.36 | 56.31 | 58.01 | 56.22 | 0.971 times |
| 21 Fri Jun 2024 | 56.00 | 57.07 | 57.60 | 56.00 | 2.328 times |
| 20 Thu Jun 2024 | 57.93 | 56.72 | 58.17 | 55.86 | 1.069 times |
| 18 Tue Jun 2024 | 57.00 | 58.21 | 58.21 | 56.85 | 1.179 times |
| 18 Tue Jun 2024 | 57.00 | 58.21 | 58.21 | 56.85 | 1.179 times |
| 17 Mon Jun 2024 | 57.97 | 57.32 | 58.28 | 56.44 | 0.568 times |
| 14 Fri Jun 2024 | 57.07 | 56.41 | 57.18 | 55.56 | 1.455 times |
| 13 Thu Jun 2024 | 57.17 | 59.00 | 59.00 | 57.10 | 0.652 times |
| 12 Wed Jun 2024 | 59.17 | 59.21 | 60.48 | 58.67 | 0.649 times |
| 11 Tue Jun 2024 | 57.75 | 57.73 | 58.28 | 57.60 | 0.326 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 57 as stoploss in an intra day buy trade for a target of 57.99. However, stock will show a bearish move below 57.
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 | 55.56 |
| Upside Target | 58.01 |
| Upside Target | 58.21 |
| Upside Target | 58.28 |
| Upside Target | 60.48 |
| Upside Target | 61.52 |
| Upside Target | 61.87 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 56.38 |
| Downside Intraday Target | 55.41 |
| Upside Intraday Target | 58.17 |
| Upside Intraday Target | 58.99 |
| Downside Intraday Target | 57.2 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 57.36 | 56.31 | 58.01 | 56.22 | 0.212 times |
| 21 Fri Jun 2024 | 56.00 | 58.21 | 58.21 | 55.86 | 2.619 times |
| 18 Tue Jun 2024 | 57.00 | 57.32 | 58.28 | 56.44 | 0.476 times |
| 14 Fri Jun 2024 | 57.07 | 56.52 | 60.48 | 55.56 | 1.182 times |
| 07 Fri Jun 2024 | 57.20 | 61.28 | 61.52 | 55.97 | 0.896 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 |
| 24 Mon Jun 2024 | 57.36 | 61.28 | 61.52 | 55.56 | 0.799 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Miller Industries in short term but the sell signal is initial and weak.
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 green color and prices are in or below 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 57.14 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 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Miller Industries in short term but the sell signal is initial and weak.
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 green color and prices are in or below 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 57.14 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.