(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 2024-06-28 View latest technical analysis
10 day averaged volume of Miller Industries is 103140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 55.02 | 55.00 | 56.12 | 54.71 | 2.951 times |
| 27 Thu Jun 2024 | 55.29 | 55.86 | 56.04 | 55.11 | 0.617 times |
| 26 Wed Jun 2024 | 55.49 | 55.45 | 55.91 | 54.31 | 0.791 times |
| 25 Tue Jun 2024 | 55.80 | 57.02 | 57.02 | 55.47 | 0.651 times |
| 24 Mon Jun 2024 | 57.36 | 56.31 | 58.01 | 56.22 | 0.881 times |
| 21 Fri Jun 2024 | 56.00 | 57.07 | 57.60 | 56.00 | 2.113 times |
| 20 Thu Jun 2024 | 57.93 | 56.72 | 58.17 | 55.86 | 0.971 times |
| 18 Tue Jun 2024 | 57.00 | 58.21 | 58.21 | 56.85 | 1.07 times |
| 18 Tue Jun 2024 | 57.00 | 58.21 | 58.21 | 56.85 | 1.07 times |
| 17 Mon Jun 2024 | 57.97 | 57.32 | 58.28 | 56.44 | 0.516 times |
Stock of Miller Industries (MLR) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 54.7, for a target of 56.1 or 57.22
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 |
| Upside 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 | 53.55 |
| Downside Intraday Target | 52.08 |
| Upside Intraday Target | 57.25 |
| Upside Intraday Target | 59.48 |
| Upside Intraday Target | 55.78 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 55.02 | 56.31 | 58.01 | 54.31 | 1.418 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 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 |
| 28 Fri Jun 2024 | 55.02 | 61.28 | 61.52 | 54.31 | 1.112 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 SELL. Signal strength is Strong 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Miller Industries in short term and SELL 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 56.2 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 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 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 SELL. Signal strength is Strong 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Miller Industries in short term and SELL 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 56.2 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.