(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 2024-08-30 View latest technical analysis
10 day averaged volume of Miller Industries is 88670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 60.71 | 60.94 | 61.08 | 59.30 | 2.721 times |
| 30 Fri Aug 2024 | 60.71 | 60.94 | 61.08 | 59.30 | 2.721 times |
| 29 Thu Aug 2024 | 60.98 | 61.64 | 61.82 | 60.68 | 1.182 times |
| 28 Wed Aug 2024 | 60.96 | 61.33 | 61.99 | 60.49 | 0.602 times |
| 27 Tue Aug 2024 | 61.70 | 61.85 | 62.17 | 61.24 | 0.452 times |
| 26 Mon Aug 2024 | 62.36 | 63.72 | 63.72 | 62.08 | 0.768 times |
| 23 Fri Aug 2024 | 63.05 | 61.25 | 63.37 | 60.65 | 0.776 times |
| 22 Thu Aug 2024 | 60.34 | 59.63 | 60.65 | 58.84 | 0.944 times |
| 21 Wed Aug 2024 | 59.94 | 60.05 | 60.29 | 58.96 | 0.615 times |
| 20 Tue Aug 2024 | 59.31 | 60.29 | 60.76 | 58.64 | 0.862 times |
Stock of Miller Industries (MLR) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 62 or till 64.4. Use a stoploss of 60.02 and if this stock hits its stoploss, then it can fall down till 58.05
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 | 61.52 |
| Upside Target | 61.87 |
| Upside Target | 63.37 |
| Upside Target | 63.72 |
| Upside Target | 64.46 |
| Upside Target | 69.09 |
| Upside Target | 69.75 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 59.65 |
| Downside Intraday Target | 58.58 |
| Upside Intraday Target | 61.43 |
| Upside Intraday Target | 62.14 |
| Downside Intraday Target | 60.36 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 60.71 | 60.94 | 61.08 | 59.30 | 0.475 times |
| 30 Fri Aug 2024 | 60.71 | 63.72 | 63.72 | 59.30 | 1.34 times |
| 23 Fri Aug 2024 | 63.05 | 59.43 | 63.37 | 58.64 | 0.915 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 |
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 |
| 30 Fri Aug 2024 | 60.71 | 67.87 | 69.09 | 56.25 | 1.004 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Miller Industries in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Miller Industries in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 60.88 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Miller Industries in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Miller Industries in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 60.88 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.