Home Investment report Herman Miller MLHR Investment Report

Herman Miller MLHR Investment Report

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Source: Daily Stock Exchange Traders

Longer Term Trading Plans for MLHR
  • Buy MLHR on 44.65 target 48.15 stop loss @ 44.52 Details
  • Summary technical data tells us to buy MLHR near 44.65 with a bullish target of 48.15. This data also tells us to set a stop loss @ 44.52 to protect against an excessive loss in case the stock begins to move against the trade. 44.65 is the first level of support below 45.75, and by rule, any test of support is a buy signal. In this case, 44.65 support would be tested, so a buy signal would exist.

  • MLHR shorts under 48.15, target 44.65, stop loss @ 48.29 Details
  • Technical summary data suggests a short sell of MLHR as it approaches 48.15 with a bearish target of 44.65. We should however have a stop loss in place at 48.29. 48.15 is the first resistance level above 45.75, and by rule, any resistance test is a short signal. In this case, if resistor 48.15 is tested, a short signal would exist.

MLHR swing trading plans
  • Buy MLHR on 47.29, target 48.15, Stop Loss @ 47.15 Details
  • If 47.29 starts to break higher, technical summary data tells us to buy MLHR just over 47.29, with a bullish target of 48.15. The data also tells us to set a stop loss @ 47.15 in case the stock turns against the trade. 47.29 is the first resistance level above 45.75, and by rule, any breakout above resistance is a buy signal. In this case, 47.29, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • MLHR shorts near 47.29, target 44.91, Stop Loss @ 47.43. Details
  • Technical summary data suggests a short sale of MLHR if it tests 47.29 with a bearish target of 44.91. We should have a stop loss in place at 47.43 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 47.29, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

Day Trading Packages for MLHR
  • Buy MLHR on 46.68, Target 47.29, Stop Loss @ 46.57 Details
  • If 46.68 starts to break higher, technical summary data tells us to buy MLHR just over 46.68, with a bullish target of 47.29. The data also tells us to set a stop loss @ 46.57 in case the stock turns against the trade. 46.68 is the first resistance level above 45.75, and by rule, any breakout above resistance is a buy signal. In this case, 46.68, initial resistance, would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • MLHR shorts near 46.68, target 45.42, Stop Loss @ 46.79. Details
  • Technical summary data suggests a short sale of MLHR if it tests 46.68 with a bearish target of 45.42. We should have a stop loss in place at 46.79 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 46.68, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

MLHR Technical Summary | Raw data for trading plans

Term → Near Middle Long
Bias Neutral Neutral Strong
P1 0 0 44.65
P2 45.42 44.91 48.15
P3 46.68 47.29 51.86


MLHR Swing Trading Analysis for July 13, 2021


MLHR Day Trading Analysis for July 13, 2021

This report was produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most timely trading strategies for individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The objective of this specific report is to optimize exchanges by Herman Miller (NASDAQ: MLHR) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of publication, but the support and resistance levels for MLHR change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and stock market crash protection using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if MLHR is testing support buy signals, resistance is the target. Conversely, if resistance is tested, it is a sign of controlling risk or selling, and support would be the target on the downside accordingly. In each case, the trigger point is designed to be both a great place to take a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading and long term investment plans for MLHR as well. All these elements are proposed under the summary table.

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Fundamental Charts for MLHR


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