(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 2024-07-15 View latest technical analysis
10 day averaged volume of Miller Industries is 85580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 60.50 | 57.95 | 61.15 | 57.95 | 1.454 times |
| 12 Fri Jul 2024 | 57.00 | 56.44 | 57.70 | 55.92 | 1.803 times |
| 11 Thu Jul 2024 | 55.60 | 56.49 | 57.00 | 55.52 | 2.13 times |
| 10 Wed Jul 2024 | 55.42 | 54.50 | 55.62 | 54.05 | 0.557 times |
| 09 Tue Jul 2024 | 54.08 | 54.34 | 54.48 | 53.70 | 0.528 times |
| 08 Mon Jul 2024 | 54.57 | 53.72 | 54.61 | 53.72 | 0.838 times |
| 05 Fri Jul 2024 | 53.35 | 54.23 | 54.43 | 53.03 | 1.066 times |
| 03 Wed Jul 2024 | 54.68 | 54.41 | 55.10 | 54.29 | 0.417 times |
| 03 Wed Jul 2024 | 54.68 | 54.41 | 55.10 | 54.29 | 0.417 times |
| 02 Tue Jul 2024 | 54.40 | 54.24 | 54.85 | 53.72 | 1.011 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 59.3, for a target of 57.4 or 55.77
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 44.54 |
| Downside Target | 48.34 |
| Downside Target | 51.37 |
| Downside Target | 53.03 |
| Downside Target | 55.28 |
| Downside Target | 57.70 |
| Downside Target | 57.95 |
| Downside Target | 58.01 |
| Upside Target | 61.15 |
| Upside Target | 61.52 |
| Upside Target | 61.87 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 58.58 |
| Downside Intraday Target | 56.67 |
| Upside Intraday Target | 61.78 |
| Upside Intraday Target | 63.07 |
| Downside Intraday Target | 59.87 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 60.50 | 57.95 | 61.15 | 57.95 | 0.248 times |
| 12 Fri Jul 2024 | 57.00 | 53.72 | 57.70 | 53.70 | 3.95 times |
| 05 Fri Jul 2024 | 53.35 | 54.41 | 55.10 | 53.03 | 0.557 times |
| 03 Wed Jul 2024 | 54.68 | 54.99 | 55.28 | 53.72 | 0.375 times |
| 28 Fri Jun 2024 | 55.02 | 56.31 | 58.01 | 54.31 | 1.418 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 Mon Jul 2024 | 60.50 | 54.99 | 61.15 | 53.03 | 0.534 times |
| 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 |
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 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 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 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 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 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 red color and prices are in or above the red 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
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 55.94 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.
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 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 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 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 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 red color and prices are in or above the red 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
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 55.94 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.