(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 2024-08-12 View latest technical analysis
10 day averaged volume of Miller Industries is 105164
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 57.33 | 58.35 | 58.45 | 57.29 | 0.507 times |
| 09 Fri Aug 2024 | 58.07 | 59.51 | 60.11 | 57.45 | 0.978 times |
| 08 Thu Aug 2024 | 59.99 | 62.00 | 64.46 | 59.60 | 1.241 times |
| 07 Wed Aug 2024 | 61.60 | 63.98 | 63.99 | 61.36 | 0.602 times |
| 06 Tue Aug 2024 | 63.21 | 61.53 | 63.88 | 60.47 | 0.989 times |
| 05 Mon Aug 2024 | 60.91 | 61.21 | 61.53 | 58.19 | 1.101 times |
| 02 Fri Aug 2024 | 63.83 | 63.61 | 64.66 | 61.94 | 0.733 times |
| 01 Thu Aug 2024 | 65.97 | 67.87 | 69.09 | 65.01 | 0.978 times |
| 31 Wed Jul 2024 | 67.94 | 68.40 | 69.75 | 66.84 | 0.827 times |
| 30 Tue Jul 2024 | 68.06 | 67.82 | 69.28 | 67.18 | 1.63 times |
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 57.1, for a target of 60.6 or 63.52
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 48.34 |
| Downside Target | 53.03 |
| Downside Target | 57.29 |
| Upside Target | 61.52 |
| Upside Target | 61.94 |
| Upside Target | 62.34 |
| Upside Target | 64.19 |
| Upside Target | 64.46 |
| Upside Target | 66.98 |
| Upside Target | 69.09 |
| Upside Target | 69.75 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 56.93 |
| Downside Intraday Target | 56.53 |
| Upside Intraday Target | 58.09 |
| Upside Intraday Target | 58.85 |
| Upside Intraday Target | 57.69 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 57.33 | 58.35 | 58.45 | 57.29 | 0.103 times |
| 09 Fri Aug 2024 | 58.07 | 61.21 | 64.46 | 57.45 | 0.965 times |
| 02 Fri Aug 2024 | 63.83 | 66.61 | 69.75 | 61.94 | 1.033 times |
| 26 Fri Jul 2024 | 66.19 | 62.85 | 66.98 | 62.34 | 1.035 times |
| 19 Fri Jul 2024 | 62.12 | 57.95 | 64.19 | 57.95 | 0.998 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 |
| 12 Mon Aug 2024 | 57.33 | 67.87 | 69.09 | 57.29 | 0.336 times |
| 31 Wed Jul 2024 | 67.94 | 54.99 | 69.75 | 53.03 | 1.215 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 getting stronger in this stock.
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 positive zone. This is a BUY 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 63.15 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 getting stronger in this stock.
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 positive zone. This is a BUY 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 63.15 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.