MILLER INDUSTRIES INC/TENN (MLR) Technical Analysis
NYSE:MLR • US6005512040
Current stock price
MLR Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to MLR. Although MLR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- In the last month MLR has a been trading in the 41.29 - 48.94 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, MLR did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- MLR is part of the Machinery industry. There are 131 other stocks in this industry, MLR did better than 60% of them.
- MLR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MLR is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
MLR Weekly and Daily overview Charts
MLR Setup Rating and Analysis
MLR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 42.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
MLR Support and Resistance Analysis
40.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 41.96 to 42.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.87 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 43.80 to 43.85. 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 45.97 to 46.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
MLR 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 | UP | POSITIVE | The long term trend for MLR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLR is neutral. |
| ChartMill Relative Strength | 72.36 | POSITIVE | MLR has a high relative strength, it outperformed 72.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MLR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MLR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.17 | NEUTRAL | The RSI value for MLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests MLR has a negative trend. |
| Stochastics (14,3) | 30.49 | NEUTRAL | The Stochastics value for MLR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MLR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for MLR suggests a possible start of a new trend. |
MLR Chart- and CandleStick Pattern Analysis
MLR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.86 | 43.05 | 0.81 (1.85%) | 25.00% |
| An entry @43.86. This is a Buy Stop order right above the resistance zone. | An exit @43.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.81 points, which is 1.85%. | For a 0.46% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MLR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MLR Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MLR (3/19/2026, 12:29:29 PM)
43.04
-0.75 (-1.71%)
MILLER INDUSTRIES INC/TENN / MLR TA FAQ
What is the ChartMill technical rating of MILLER INDUSTRIES INC/TENN (MLR) stock?
ChartMill assigns a technical rating of 7 / 10 to MLR.
What is the trend direction for MLR stock?
The current trend direction for MILLER INDUSTRIES INC/TENN (MLR) is Bullish.
Can you provide the RSI signal for MILLER INDUSTRIES INC/TENN?
MILLER INDUSTRIES INC/TENN (MLR) has an RSI value of 51.1651. This indicates that the stock is currently neutral.
What are the support and resistance levels for MILLER INDUSTRIES INC/TENN (MLR) stock?
MILLER INDUSTRIES INC/TENN (MLR) has a support level at 42.51 and a resistance level at 43.8. Check the full technical report for our detailed analysis of MLR support and resistance levels.