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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 2024-03-05 View latest technical analysis

10 day averaged volume of Miller Industries is 45570

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	44.67	45.64	45.98	44.54	0.746 times
04 Mon Mar 2024	45.66	45.38	45.95	45.08	1.303 times
01 Fri Mar 2024	45.28	45.24	45.54	44.86	0.792 times
29 Thu Feb 2024	45.01	44.90	45.50	44.59	1.266 times
28 Wed Feb 2024	44.56	44.11	44.64	44.11	1.031 times
27 Tue Feb 2024	44.49	44.59	44.70	43.71	1.038 times
26 Mon Feb 2024	44.18	43.54	44.65	43.54	1.714 times
23 Fri Feb 2024	43.57	42.73	43.57	42.59	0.84 times
22 Thu Feb 2024	42.65	42.46	42.74	42.36	0.487 times
21 Wed Feb 2024	42.64	42.65	42.65	42.23	0.643 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 44.8 as stoploss in an intra day sell trade for a target of 43.51. However, stock will show a bullish move above 44.8.

Share price targets for Miller Industries (MLR)

Target Type	Value
Downside Target	35.96
Downside Target	38.33
Downside Target	39.92
Downside Target	41.50
Downside Target	43.37
Downside Target	44.30
Downside Target	44.54
Upside Target	45.50
Upside Target	45.54
Upside Target	45.98

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	44.15
Downside Intraday Target	43.62
Upside Intraday Target	45.59
Upside Intraday Target	46.5
Upside Intraday Target	45.06

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	44.67	45.38	45.98	44.54	0.351 times
01 Fri Mar 2024	45.28	43.54	45.54	43.54	2.046 times
23 Fri Feb 2024	43.57	42.92	43.57	42.23	0.384 times
16 Fri Feb 2024	43.20	43.42	44.30	41.94	1.651 times
09 Fri Feb 2024	43.35	40.61	43.37	39.92	0.844 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
05 Tue Mar 2024	44.67	45.24	45.98	44.54	0.13 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
29 Fri Dec 2023	42.29	39.71	43.50	38.96	2.191 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 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.

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 green color and prices are above the green 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 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 44.45 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.