MILLERKNOLL INC (MLKN) Stock Technical Analysis
NASDAQ:MLKN - Nasdaq - US6005441000 - Common Stock - Currency: USD
Overall MLKN gets a technical rating of 1 out of 10. MLKN 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, MLKN is a bad performer in the overall market: 89% of all stocks are doing better.
MLKN is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, of which 81% are performing better than MLKN.
MLKN 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 MLKN is lagging the market.
In the last month MLKN has a been trading in the 15.77 - 18.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MLKN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
15.56
19.24
When analyzing the support we notice one important area.
- Support @15.72 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 16.88 to 17.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.69 to 17.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.73 from a trend line in the daily time frame.
- Resistance @19.05 from a trend line in the weekly time frame.
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 MLKN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLKN is down. |
| ChartMill Relative Strength | 11.91 | NEGATIVE | MLKN has a low relative strength, it was outperformed by 88.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MLKN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLKN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLKN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.7 | NEUTRAL | The RSI value for MLKN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MLKN has a positive trend. |
| Stochastics (14,3) | 35.28 | NEUTRAL | The Stochastics value for MLKN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for MLKN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.04 | NEGATIVE | The low ADX value for MLKN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:MLKN (5/28/2025, 12:34:51 PM)
16.76
-0.24 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.41%
1 Week-1.9%
2 Weeks-4.82%
1 Month3.66%
3 Month-20.93%
6 Month-32.38%
12 Month-38.36%
2 Year25.46%
3 Year-43.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%3.05%
ATR Inc12.38%
Range Today0.32
ADR(20)0.45
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.91
Mansfield-2.92
10 Day High18.04
10 Day Low16.13
20 Day High18.17
20 Day Low15.77
52 Week High31.73
52 Week Low15.25
CS1 End15.72
CR1 Start17.07
Volume & EV
DER(3)-3.11%
DER(5)-2.37%
Volume63.31K
Volume Incr-12.34%
Vol(5)370.22K
Vol(50)635.59K