(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 2024-09-24 View latest technical analysis
10 day averaged volume of Miller Industries is 112900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 60.55 | 61.43 | 61.58 | 60.00 | 0.572 times |
| 23 Mon Sep 2024 | 61.00 | 61.50 | 62.25 | 60.35 | 1.264 times |
| 20 Fri Sep 2024 | 61.50 | 60.70 | 61.99 | 60.07 | 2.998 times |
| 19 Thu Sep 2024 | 61.50 | 61.25 | 62.00 | 60.08 | 0.907 times |
| 18 Wed Sep 2024 | 60.00 | 58.83 | 60.91 | 58.60 | 0.716 times |
| 17 Tue Sep 2024 | 58.78 | 58.80 | 59.61 | 58.47 | 0.727 times |
| 16 Mon Sep 2024 | 58.14 | 58.62 | 58.73 | 57.67 | 0.533 times |
| 13 Fri Sep 2024 | 58.05 | 58.69 | 59.32 | 57.85 | 0.386 times |
| 12 Thu Sep 2024 | 57.81 | 57.22 | 58.58 | 56.82 | 0.708 times |
| 11 Wed Sep 2024 | 56.89 | 56.50 | 57.31 | 55.50 | 0.413 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 60.8 as stoploss in an intra day sell trade for a target of 59.27. However, stock will show a bullish move above 60.8.
Share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Target | 48.36 |
| Downside Target | 53.03 |
| Downside Target | 54.31 |
| Downside Target | 55.50 |
| Downside Target | 59.30 |
| Upside Target | 61.52 |
| Upside Target | 61.87 |
| Upside Target | 62.00 |
| Upside Target | 62.25 |
| Upside Target | 69.09 |
| Upside Target | 69.75 |
Intraday share price targets for Miller Industries (MLR)
| Target Type | Value |
| Downside Intraday Target | 59.62 |
| Downside Intraday Target | 58.68 |
| Upside Intraday Target | 61.87 |
| Upside Intraday Target | 63.18 |
| Upside Intraday Target | 60.93 |
Weekly technical analysis of Miller Industries (MLR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 60.55 | 61.50 | 62.25 | 60.00 | 0.312 times |
| 20 Fri Sep 2024 | 61.50 | 58.62 | 62.00 | 57.67 | 1.665 times |
| 13 Fri Sep 2024 | 58.05 | 58.00 | 59.32 | 55.50 | 1.094 times |
| 06 Fri Sep 2024 | 57.73 | 59.85 | 59.99 | 57.34 | 1.511 times |
| 30 Fri Aug 2024 | 60.71 | 60.94 | 61.08 | 59.30 | 0.475 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 |
| 24 Tue Sep 2024 | 60.55 | 59.85 | 62.25 | 55.50 | 0.73 times |
| 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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 60.21 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.
Price action analysis of Miller Industries ( (MLR) ) based on a short 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.
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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 60.21 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.