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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 2024-03-25 View latest technical analysis

10 day averaged volume of Miller Industries is 61270

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Mar 2024	49.98	48.30	50.02	48.30	1.206 times
22 Fri Mar 2024	48.40	48.66	48.66	48.07	0.79 times
21 Thu Mar 2024	48.48	48.43	48.94	48.28	0.929 times
20 Wed Mar 2024	48.23	47.39	48.48	47.32	0.788 times
19 Tue Mar 2024	47.67	47.00	47.93	47.00	0.847 times
18 Mon Mar 2024	47.25	47.37	48.08	47.25	1.111 times
15 Fri Mar 2024	47.56	46.84	48.00	46.84	2.04 times
14 Thu Mar 2024	47.39	48.13	48.42	47.01	1.033 times
13 Wed Mar 2024	48.12	48.04	49.00	48.01	0.938 times
12 Tue Mar 2024	48.13	47.53	48.79	47.41	0.832 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.8, but if it comes below 48.8, then a intra day sell could be more profitable.
If you take a sell trade below 48.8, then use 48.8 as stoploss and 47.09 as target. However if you take a buy trade in stock , then use 48.8 as stoploss and 50.9 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	46.84
Downside Target	48.30
Downside Target	48.94
Downside Target	49.00
Upside Target	50.02
Upside Target	51.37

Intraday share price targets for Miller Industries (MLR)

Target Type	Value
Downside Intraday Target	48.85
Downside Intraday Target	47.71
Upside Intraday Target	50.57
Upside Intraday Target	51.15
Downside Intraday Target	49.43

Weekly technical analysis of Miller Industries (MLR)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Mar 2024	49.98	48.30	50.02	48.30	0.27 times
22 Fri Mar 2024	48.40	47.37	48.94	47.00	0.807 times
15 Fri Mar 2024	47.56	48.40	49.00	46.84	0.741 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

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
25 Mon Mar 2024	49.98	45.24	51.37	44.54	1.188 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 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 gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 48.09 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.