(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 2024-08-21 View latest technical analysis
10 day averaged volume of Miller Industries is 88280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 59.94 | 60.05 | 60.29 | 58.96 | 0.617 times |
| 20 Tue Aug 2024 | 59.31 | 60.29 | 60.76 | 58.64 | 0.865 times |
| 19 Mon Aug 2024 | 60.48 | 59.43 | 60.57 | 59.33 | 1.083 times |
| 16 Fri Aug 2024 | 59.47 | 57.42 | 60.01 | 57.42 | 1.376 times |
| 15 Thu Aug 2024 | 57.27 | 57.65 | 58.48 | 57.13 | 0.803 times |
| 14 Wed Aug 2024 | 56.50 | 56.88 | 57.38 | 56.29 | 0.887 times |
| 13 Tue Aug 2024 | 56.49 | 57.84 | 57.85 | 56.25 | 1.022 times |
| 12 Mon Aug 2024 | 57.33 | 58.35 | 58.45 | 57.29 | 0.604 times |
| 09 Fri Aug 2024 | 58.07 | 59.51 | 60.11 | 57.45 | 1.164 times |
| 08 Thu Aug 2024 | 59.99 | 62.00 | 64.46 | 59.60 | 1.478 times |
My analysis of stock is bearish for shortterm, and stock might move down till 57.9 or till 53.3. Use a stoploss of 61.75 and if the stock hits stoploss, then it can shoot up till 65.57
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 48.34 |
| Downside Target | 53.03 |
| Downside Target | 56.25 |
| Downside Target | 57.45 |
| Downside Target | 58.64 |
| Upside Target | 60.01 |
| Upside Target | 61.94 |
| Upside Target | 62.34 |
| 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 | 58.8 |
| Downside Intraday Target | 57.66 |
| Upside Intraday Target | 60.92 |
| Upside Intraday Target | 61.9 |
| Downside Intraday Target | 59.78 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 59.94 | 59.43 | 60.76 | 58.64 | 0.547 times |
| 16 Fri Aug 2024 | 59.47 | 58.35 | 60.01 | 56.25 | 0.802 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 |
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 |
| 21 Wed Aug 2024 | 59.94 | 67.87 | 69.09 | 56.25 | 0.6 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Miller Industries in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Miller Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
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
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 58.63 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Miller Industries in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Miller Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
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
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 58.63 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 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.