Miller Industries Inc

MLR remains in a Stage 2 advancing phase with clear higher highs and higher lows driving a bullish medium-term structure. Short-term pullbacks into the rising EMA zone are being absorbed, presenting controlled entry opportunities. Despite this constructive behavior, the long-term downtrend and 200 DMA overhead resistance warrant caution and guide entries toward key support levels.

• ↑Revenue rose 12.1% YoY to $240M in Q2 with ~$250M quarterly guidance
• ↑Military backlog surpassed $200M with revenue recognition slated for 2028–29
• ↓Forward P/E of 45.9x raises concern over growth sustainability