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(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 2024-09-30 View latest technical analysis

10 day averaged volume of Miller Industries is 102030

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	61.00	60.17	61.03	59.38	0.555 times
27 Fri Sep 2024	60.20	60.34	61.16	59.55	0.411 times
26 Thu Sep 2024	59.65	61.16	61.16	59.62	0.394 times
25 Wed Sep 2024	60.32	60.49	61.26	60.09	0.656 times
24 Tue Sep 2024	60.55	61.43	61.58	60.00	0.633 times
23 Mon Sep 2024	61.00	61.50	62.25	60.35	1.399 times
20 Fri Sep 2024	61.50	60.70	61.99	60.07	3.318 times
19 Thu Sep 2024	61.50	61.25	62.00	60.08	1.004 times
18 Wed Sep 2024	60.00	58.83	60.91	58.60	0.792 times
17 Tue Sep 2024	58.78	58.80	59.61	58.47	0.805 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.6, but if it comes below 60.6, then a intra day sell could be more profitable.
If you take a sell trade below 60.6, then use 60.6 as stoploss and 59.16 as target. However if you take a buy trade in stock , then use 60.6 as stoploss and 62.4 as target.

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	59.32
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	59.91
Downside Intraday Target	58.82
Upside Intraday Target	61.56
Upside Intraday Target	62.12
Downside Intraday Target	60.47

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	61.00	60.17	61.03	59.38	0.159 times
27 Fri Sep 2024	60.20	61.50	62.25	59.55	0.537 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

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
30 Mon Sep 2024	61.00	59.85	62.25	55.50	0.822 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 up 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Miller Industries stock for short term is BUY. 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.

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. Bulls 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 moving up

CCI has generated a buy signal for Miller Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 60.8 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.