MILLER INDUSTRIES INC/TENN (MLR) Stock Technical Analysis
NYSE:MLR - New York Stock Exchange, Inc. - US6005512040 - Common Stock - Currency: USD
Taking everything into account, MLR scores 0 out of 10 in our technical rating. MLR 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, MLR is a bad performer in the overall market: 82% of all stocks are doing better.
MLR is part of the Machinery industry. There are 128 other stocks in this industry, of which 70% are performing better than MLR.
MLR is currently trading near the lower end of its 52 week range, which is not a good sign. MLR is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MLR has a been trading in the 37.40 - 44.03 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.
MLR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 39.97, a Stop Loss order could be placed below this zone.
More info and screens
38.59
68.34
When analyzing the support we notice one important area.
- A support zone ranging from 38.98 to 39.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @42.25 from a horizontal line in the daily time frame.
- Resistance @58.93 from a trend line in the daily time frame.
- Resistance @67.66 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.29
Mansfield-2.84
10 Day High42.26
10 Day Low39.17
20 Day High44.04
20 Day Low37.4
52 Week High78.25
52 Week Low37.4
Performance
1 Week3.21%
2 Weeks2.55%
1 Month-4.91%
3 Month-37.99%
6 Month-37.15%
12 Month-15.48%
2 Year27.24%
3 Year54.72%
5 Year36.54%
10 Year85.34%
15 Year190.07%
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)0.66
RSI(14)43.89
LBB38.81
UBB42.34
41.48
-0.76 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.8%
1 Week3.21%
2 Weeks2.55%
1 Month-4.91%
3 Month-37.99%
6 Month-37.15%
12 Month-15.48%
2 Year27.24%
3 Year54.72%
5 Year36.54%
10 Year85.34%
15 Year190.07%
Volatility
ATR(14)1.89
ATR(20)%4.66%
ATR Inc-37.27%
Range Today0.94
ADR(20)1.79
ADR(20)%4.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.29
Mansfield-2.84
10 Day High42.26
10 Day Low39.17
20 Day High44.04
20 Day Low37.4
52 Week High78.25
52 Week Low37.4
CS1 End39.97
CR1 Start42.25
Volume & EV
DER(3)-0.36%
DER(5)-0.39%
Volume64.80K
Volume Incr-49.66%
Vol(5)69.16K
Vol(50)141.06K