MICRON TECHNOLOGY INC (MU)

US5951121038 - Common Stock

125.29  -2.6 (-2.03%)

After market: 125.6 +0.31 (+0.25%)

Technical Rating and Analysis

10

Taking everything into account, MU scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MU has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MU is one of the better performing stocks in the market, outperforming 96% of all stocks.
MU is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry. MU outperforms 93% of them.
MU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MU has a been trading in the 106.63 - 130.13 range, which is quite wide. It is currently trading near the high of this range.
MU has an average volume of 24175100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MU Weekly chart
MU Daily chart
Setup Rating and Analysis

4

MU has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

75.46

129.29

5 important support areas can be observed.

  • A support zone ranging from 116.81 to 117.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 106.77 to 106.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 90.75 to 91.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @78.69 from a horizontal line in the daily time frame.
  • Support @76.22 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @128.01 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.33
Mansfield3.55
10 Day High130.13
10 Day Low117.44
20 Day High130.13
20 Day Low106.63
52 Week High130.54
52 Week Low60.5
Performance
1 Week3.34%
2 Weeks9.23%
1 Month17.35%
3 Month57.6%
6 Month61.54%
12 Month83.79%
2 Year69.68%
3 Year48.91%
5 Year284.21%
10 Year338.23%
15 YearN/A
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)0.94
RSI(14)61.94
LBB108.61
UBB130.84
MU Daily chart

MICRON TECHNOLOGY INC

NASDAQ:MU (5/17/2024, 7:15:02 PM)

After market: 125.6 +0.31 (+0.25%)

125.29

-2.6 (-2.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.03%
1 Week3.34%
2 Weeks9.23%
1 Month17.35%
3 Month57.6%
6 Month61.54%
12 Month83.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.46
ATR(20)%2.87%
ATR Inc
Range Today4.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High130.13
10 Day Low117.44
20 Day High130.13
20 Day Low106.63
52 Week High130.54
52 Week Low60.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.77M
Volume Incr-19.99%
Vol(5)14.89M
Vol(50)24.18M