MILLER ENERGY RES INC (MILL) Technical Analysis
NYSE:MILL • US6005271050
Current stock price
MILL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MILL. MILL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MILL is a bad performer in the overall market: 99% of all stocks are doing better.
- MILL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MILL is lagging the market.
- In the last month MILL has a been trading in the 0.17 - 0.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MILL Weekly and Daily overview Charts
MILL Setup Rating and Analysis
Although the technical rating is bad, MILL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for MILL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MILL Support and Resistance Analysis
0.24
When analyzing the support we notice one important area.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MILL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MILL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MILL is down. |
| ChartMill Relative Strength | 1.86 | NEGATIVE | MILL has a low relative strength, it was outperformed by 98.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MILL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MILL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MILL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.51 | NEUTRAL | The RSI value for MILL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MILL has a positive trend. |
| Stochastics (14,3) | 50.79 | NEUTRAL | The Stochastics value for MILL is a neutral value. |
| Average True Range in percent/ATR (20) | 23.4 | HIGH VOLATILITY | The high ATR as a percentage value for MILL suggests high volalility. |
MILL Chart- and CandleStick Pattern Analysis
MILL Technicals: Chart, Performance Metrics, Trend & Indicators
0.25
-0.05 (-16.67%)
MILLER ENERGY RES INC / MILL TA FAQ
Can you provide the ChartMill technical rating for MILLER ENERGY RES INC?
ChartMill assigns a technical rating of 0 / 10 to MILL.
What is the current trend direction of MILLER ENERGY RES INC (MILL) stock?
The current trend direction for MILLER ENERGY RES INC (MILL) is Bearish.
What is the RSI signal for MILLER ENERGY RES INC (MILL) stock?
MILLER ENERGY RES INC (MILL) has an RSI value of 41.5061. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MILLER ENERGY RES INC?
The MACD indicator for MILLER ENERGY RES INC (MILL) has a value of 0.00912211, indicating a bearish trend.
Can you provide the short term momentum for MILLER ENERGY RES INC?
The short term momentum for MILLER ENERGY RES INC (MILL) is negative.