(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 2024-08-15 View latest technical analysis
10 day averaged volume of Miller Industries is 91820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 57.27 | 57.65 | 58.48 | 57.13 | 0.772 times |
| 14 Wed Aug 2024 | 56.50 | 56.88 | 57.38 | 56.29 | 0.853 times |
| 13 Tue Aug 2024 | 56.49 | 57.84 | 57.85 | 56.25 | 0.982 times |
| 12 Mon Aug 2024 | 57.33 | 58.35 | 58.45 | 57.29 | 0.58 times |
| 09 Fri Aug 2024 | 58.07 | 59.51 | 60.11 | 57.45 | 1.12 times |
| 08 Thu Aug 2024 | 59.99 | 62.00 | 64.46 | 59.60 | 1.421 times |
| 07 Wed Aug 2024 | 61.60 | 63.98 | 63.99 | 61.36 | 0.689 times |
| 06 Tue Aug 2024 | 63.21 | 61.53 | 63.88 | 60.47 | 1.133 times |
| 05 Mon Aug 2024 | 60.91 | 61.21 | 61.53 | 58.19 | 1.261 times |
| 02 Fri Aug 2024 | 63.83 | 63.61 | 64.66 | 61.94 | 0.84 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.8, but if it comes above 58.8, then a intra day buy could be more profitable.
If you take a sell trade below 58.8, then use 58.8 as stoploss and 54.2 as target. However if you take a buy trade in stock , then use 58.8 as stoploss and 62.62 as target.
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 48.34 |
| Downside Target | 53.03 |
| Downside Target | 56.25 |
| Upside Target | 57.45 |
| Upside Target | 61.52 |
| 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 | 56.19 |
| Downside Intraday Target | 55.1 |
| Upside Intraday Target | 58.42 |
| Upside Intraday Target | 59.56 |
| Upside Intraday Target | 57.33 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 57.27 | 58.35 | 58.48 | 56.25 | 0.567 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 |
| 15 Thu Aug 2024 | 57.27 | 67.87 | 69.09 | 56.25 | 0.444 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Miller Industries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Miller Industries in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 59.67 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Miller Industries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Miller Industries in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 59.67 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.