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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 2024-03-11 View latest technical analysis

10 day averaged volume of Miller Industries is 72390

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	47.77	48.40	48.68	47.72	0.584 times
08 Fri Mar 2024	48.18	49.98	50.19	48.03	1.27 times
07 Thu Mar 2024	49.95	50.45	51.37	48.43	2.567 times
06 Wed Mar 2024	45.07	45.00	45.45	44.55	1.196 times
05 Tue Mar 2024	44.67	45.64	45.98	44.54	0.47 times
04 Mon Mar 2024	45.66	45.38	45.95	45.08	0.821 times
01 Fri Mar 2024	45.28	45.24	45.54	44.86	0.499 times
29 Thu Feb 2024	45.01	44.90	45.50	44.59	0.797 times
28 Wed Feb 2024	44.56	44.11	44.64	44.11	0.649 times
27 Tue Feb 2024	44.49	44.59	44.70	43.71	0.653 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.6, but if it comes below 46.6, then a intra day sell could be more profitable.
If you take a sell trade below 46.6, then use 46.6 as stoploss and 44.61 as target. However if you take a buy trade in stock , then use 46.6 as stoploss and 49 as target.

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	43.50
Downside Target	44.54
Downside Target	45.50
Downside Target	45.54
Downside Target	47.72
Upside Target	48.68
Upside Target	51.37

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	47.43
Downside Intraday Target	47.1
Upside Intraday Target	48.39
Upside Intraday Target	49.02
Upside Intraday Target	48.06

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	47.77	48.40	48.68	47.72	0.092 times
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

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
11 Mon Mar 2024	47.77	45.24	51.37	44.54	0.539 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 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 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 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 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 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 and the buying is gaining 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 46.93 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.