(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 2024-04-19 View latest technical analysis
10 day averaged volume of Miller Industries is 49650
Date | Daily Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 49.19 | 48.78 | 49.80 | 48.51 | 1.307 times |
18 Thu Apr 2024 | 48.99 | 49.48 | 49.89 | 48.86 | 1.027 times |
17 Wed Apr 2024 | 49.28 | 50.87 | 51.00 | 49.24 | 0.981 times |
16 Tue Apr 2024 | 50.48 | 50.39 | 50.79 | 49.94 | 0.794 times |
15 Mon Apr 2024 | 50.46 | 50.36 | 50.82 | 50.09 | 0.816 times |
12 Fri Apr 2024 | 50.28 | 52.19 | 52.19 | 50.19 | 1.122 times |
11 Thu Apr 2024 | 52.25 | 51.13 | 52.27 | 50.67 | 1.09 times |
10 Wed Apr 2024 | 51.13 | 52.52 | 53.08 | 51.05 | 1.259 times |
09 Tue Apr 2024 | 53.13 | 53.30 | 53.60 | 52.59 | 0.691 times |
08 Mon Apr 2024 | 53.01 | 53.16 | 53.82 | 52.85 | 1.112 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.2, but if it comes above 49.2, then a intra day buy could be more profitable.
If you take a sell trade below 49.2, then use 49.2 as stoploss and 47.6 as target. However if you take a buy trade in stock , then use 49.2 as stoploss and 50.58 as target.
Share price targets for Miller Industries (MLR)
Target Type | Value |
Downside Target | 38.33 |
Downside Target | 39.92 |
Downside Target | 42.27 |
Downside Target | 43.50 |
Downside Target | 44.54 |
Downside Target | 45.50 |
Downside Target | 47.00 |
Downside Target | 48.30 |
Upside Target | 50.56 |
Upside Target | 51.00 |
Upside Target | 51.37 |
Upside Target | 53.00 |
Upside Target | 53.82 |
Intraday share price targets for Miller Industries (MLR)
Target Type | Value |
Downside Intraday Target | 48.13 |
Downside Intraday Target | 47.08 |
Upside Intraday Target | 50.62 |
Upside Intraday Target | 52.06 |
Upside Intraday Target | 49.57 |
Weekly technical analysis of Miller Industries (MLR)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 49.19 | 50.36 | 51.00 | 48.51 | 0.934 times |
12 Fri Apr 2024 | 50.28 | 53.16 | 53.82 | 50.19 | 0.653 times |
05 Fri Apr 2024 | 52.80 | 50.10 | 53.00 | 49.37 | 1.549 times |
28 Thu Mar 2024 | 50.10 | 48.30 | 50.56 | 48.30 | 0.946 times |
22 Fri Mar 2024 | 48.40 | 47.37 | 48.94 | 47.00 | 0.807 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 |
19 Fri Apr 2024 | 49.19 | 50.10 | 53.82 | 48.51 | 0.664 times |
28 Thu Mar 2024 | 50.10 | 45.24 | 51.37 | 44.54 | 1.374 times |
29 Thu Feb 2024 | 45.01 | 40.39 | 45.50 | 39.92 | 0.953 times |
31 Wed Jan 2024 | 40.25 | 42.27 | 42.27 | 38.33 | 0.845 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 neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Miller Industries in short term but the sell signal is initial and weak.
Miller Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Miller Industries in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 50.75 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 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 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 neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Miller Industries in short term but the sell signal is initial and weak.
Miller Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Miller Industries in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 50.75 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.