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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 2024-07-17 View latest technical analysis

10 day averaged volume of Miller Industries is 93452

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	62.43	63.33	63.92	62.07	1.05 times
16 Tue Jul 2024	63.97	61.20	64.19	61.20	1.566 times
15 Mon Jul 2024	60.50	57.95	61.15	57.95	1.331 times
12 Fri Jul 2024	57.00	56.44	57.70	55.92	1.651 times
11 Thu Jul 2024	55.60	56.49	57.00	55.52	1.951 times
10 Wed Jul 2024	55.42	54.50	55.62	54.05	0.51 times
09 Tue Jul 2024	54.08	54.34	54.48	53.70	0.484 times
08 Mon Jul 2024	54.57	53.72	54.61	53.72	0.767 times
05 Fri Jul 2024	53.35	54.23	54.43	53.03	0.976 times
03 Wed Jul 2024	54.68	54.41	55.10	54.29	0.382 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 62.5, for a target of 59.2 or 56.39

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
Downside Target	61.52
Downside Target	61.87
Upside Target	64.19

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	58.86
Downside Intraday Target	55.28
Upside Intraday Target	65.1
Upside Intraday Target	67.76
Downside Intraday Target	61.52

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	62.43	57.95	64.19	57.95	0.736 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
17 Wed Jul 2024	62.43	54.99	64.19	53.03	0.667 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 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.

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 tired and bears are picking up momentum.

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 but buying is losing 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 57.94 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.