MILLER INDUSTRIES INC/TENN (MLR)

US6005512040 - Common Stock

51.07  +1.86 (+3.78%)

After market: 51.07 0 (0%)

Technical Rating and Analysis

9

Overall MLR gets a technical rating of 9 out of 10. In the last year, MLR was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that MLR is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by MLR over the past year are nicely spread over this period.
MLR is one of the better performing stocks in the Machinery industry, it outperforms 89% of 132 stocks in the same industry.
MLR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MLR is performing more or less in line with the market.
In the last month MLR has a been trading in the 48.34 - 53.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MLR Weekly chart
MLR Daily chart
Setup Rating and Analysis

3

Although MLR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

38.51

53.67

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 47.92 to 49.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 42.63 to 42.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 38.90 to 39.05. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 52.81 to 53.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.7
Mansfield1.5
10 Day High51.21
10 Day Low48.34
20 Day High53.82
20 Day Low48.34
52 Week High53.82
52 Week Low32.48
Performance
1 Week4.22%
2 Weeks4.25%
1 Month-1.77%
3 Month25.29%
6 Month37.28%
12 Month51.77%
2 Year106.93%
3 Year22.03%
5 Year92.35%
10 Year151.45%
15 Year565.84%
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)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)58.55
LBB48.26
UBB50.98
MLR Daily chart

MILLER INDUSTRIES INC/TENN

NYSE:MLR (5/2/2024, 7:07:21 PM)

After market: 51.07 0 (0%)

51.07

+1.86 (+3.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.78%
1 Week4.22%
2 Weeks4.25%
1 Month-1.77%
3 Month25.29%
6 Month37.28%
12 Month51.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.12
ATR(20)%2.41%
ATR Inc
Range Today1.96
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High51.21
10 Day Low48.34
20 Day High53.82
20 Day Low48.34
52 Week High53.82
52 Week Low32.48
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume65.60K
Volume Incr-16.91%
Vol(5)48.60K
Vol(50)59.62K