misread v.

prefix of Germanic origin affixed to nouns and verbs and meaning "bad, wrong," from Old English mis-, from Proto-Germanic *missa- "divergent, astray" (source also of Old Frisian and Old Saxon mis-, Middle Dutch misse-, Old High German missa-, German miß-, Old Norse mis-, Gothic missa-), perhaps literally "in a changed manner," and with a root sense of "difference, change" (compare Gothic misso "mutually"), and thus possibly from PIE *mit-to-, from root *mei- (1) "to change."

Productive as word-forming element in Old English (as in mislæran "to give bad advice, teach amiss"). In 14c.-16c. in a few verbs its sense began to be felt as "unfavorably," and it came to be used as an intensive prefix with words already expressing negative feeling (as in misdoubt). Practically a separate word in Old and early Middle English (and often written as such). Old English also had an adjective (mislic "diverse, unlike, various") and an adverb (mislice "in various directions, wrongly, astray") derived from it, corresponding to German misslich (adj.). It has become confused with mis- (2).

Middle English reden, ireden, "to counsel, advise," also "to read," from Old English rædan, gerædan (West Saxon), redan, geredan (Anglian) "to advise, counsel, persuade; discuss, deliberate; rule, guide; arrange, equip; forebode; to read (observe and apprehend the meaning of something written), utter aloud (words, letters, etc.); to explain; to learn through reading; to put in order."

This is reconstructed to be from Proto-Germanic *redan, source also of Old Norse raða, Old Frisian reda, Dutch raden, Old High German ratan, German raten "to advise, counsel, interpret, guess," from PIE root *re- "to reason, count."

Cognate words in most modern Germanic languages still mean "counsel, advise" (compare rede). Old English also had a related noun ræd, red "advice," and read is connected to riddle (n.1) via the notion of "interpret." Century Dictionary notes that the past participle should be written red, as it formerly was, and as in lead/led. Middle English past participle variants include eradde, irad, ired, iræd, irudde.  

The sense-transference to "interpret and understand the meaning of written symbols" is said to be unique to English and (perhaps under Old English influence) Old Norse raða. Most languages use a word rooted in the idea of "gather up" as their word for "read" (such as French lire, from Latin legere).

Sense of "make out the character of (a person)" is attested from 1610s. Musical sense of "perform (at first sight) from the notes" is by 1792. To read up "systematically study" is from 1842; read out (v.) "expel by proclamation" (Society of Friends) is from 1788. Read-only in computer jargon is recorded from 1961.