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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 2024-03-08 View latest technical analysis

10 day averaged volume of Miller Industries is 67030

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Mar 2024	48.18	49.98	50.19	48.03	1.371 times
07 Thu Mar 2024	49.95	50.45	51.37	48.43	2.772 times
06 Wed Mar 2024	45.07	45.00	45.45	44.55	1.292 times
05 Tue Mar 2024	44.67	45.64	45.98	44.54	0.507 times
04 Mon Mar 2024	45.66	45.38	45.95	45.08	0.886 times
01 Fri Mar 2024	45.28	45.24	45.54	44.86	0.539 times
29 Thu Feb 2024	45.01	44.90	45.50	44.59	0.861 times
28 Wed Feb 2024	44.56	44.11	44.64	44.11	0.701 times
27 Tue Feb 2024	44.49	44.59	44.70	43.71	0.706 times
26 Mon Feb 2024	44.18	43.54	44.65	43.54	1.165 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 48.5, for a target of 46.3 or 44.39

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
Downside Target	45.50
Downside Target	45.54
Upside Target	51.37

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	44.69
Downside Intraday Target	41.2
Upside Intraday Target	51.52
Upside Intraday Target	54.86
Downside Intraday Target	48.03

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Mar 2024	48.18	45.38	51.37	44.54	1.719 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Miller Industries (MLR)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Mar 2024	48.18	45.24	51.37	44.54	0.497 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 46.59 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.