MLR Stock Price Prediction

Miller Industries Inc

Add to Watchlist

Advanced Chart

41.480

-0.760(-1.800%)

Overview
Forecast
Valuation

Should I Buy Miller Industries Inc Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. MLR has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.

MLR stock price ended at $41.48 on Friday, after losing -1.8%

The Miller Industries Inc stock price decreased by -1.8% on the last trading day (Friday Apr 2025), dropping from 41.59 to 41.48. Throughout the last trading session, the stock experienced a fluctuation of 2.29% , ranging from a day low of $40.9 to a day high of 41.835. The price has declined in 4 of the last 10 days, resulting in a total change of 2.55% during this period. On the last day, trading volume decrease by 2.52K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 64.84K shares were traded, amounting to approximately 2.68M.

MLR Technical Signals

MLR(Miller Industries Inc Corp) has 1 buy signal and 4 sell signals now. The current trend is consolidation starting from 2025-04-14. The total price change during this trend is +2.04%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of MLR over the last 5 trading days is 2.83M. Overall, the technical indicator signals lean more toward a Bearish outlook in the mid-term.

MLR Moving Average Analysis

Miller Industries Inc's overall moving average trend leans more bearish as of Saturday, April 26, 2025, with 3 negative signals and 1 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $42.62, and $43.8. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $38.8, and $37.62. A break-down below any of these levels will issue sell signals.

MLR Short Selling Analysis

The short sale ratio of Miller Industries Inc(MLR) as of 24 Apr 2025 is 20.38%, rising from last trading day. With increasing price from 41.00 to 42.24. The short sell activity indicate that short sellers may be anticipating a price reversion.

Technical Signal

Technical Signals Summary

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

1 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Momentum (10 days)

MOM_10 > 0

1.03

Bullish

4 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 > 80

80.2

Bearish

Awesome Oscillator (5, 34)

AO_5_34 < 0

-1.61

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-1.65

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 80

96.1

Bearish

MLR Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Miller Industries Inc(MLR), our algorithm predicts MLR's 1-month price at $40.84, with an 1.61%upwardshift. Using a similarity score up to 97.78%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Miller Industries Inc (MLR.N) stock, as of Sunday, April 20, 2025 , forecasts a 1.61% change over the next month, based on its high correlation with HST.O stock patterns. The similarity between their price movements over the analyzed periods is 97.78%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

MLR

Future prediction

Up: 1.61%

HST

Up: 1.61%Similarity: 97.78%

Name

Similarity

Up/Down

HST.O

97.78%

+1.61%

SXI.N

97.53%

+0.68%

EMN.N

97.49%

-1.20%

EPAM.N

97.24%

+8.13%

WSM.N

97.22%

+8.61%

PCAR.O

97.11%

+4.22%

ASIX.N

97.10%

+5.76%

IHG.N

97.01%

+4.59%

IPAR.O

96.99%

+4.26%

CTSH.O

96.95%

+3.93%

MLR Seasonality Analysis

Based on MLR's historical stock price data across all years, the probability of a positive return in April is27.27%, suggesting it maynotbe an ideal month to invest in MLR. In contrast,Julyoffers the highest probability of positive returns at70.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Miller Industries Inc (MLR.N) stock in July has the highest probability of a positive return (70.00%), while February has the lowest probability (27.27%).

Performance Seasonality

The chart shows Miller Industries Inc. (MLR)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.