MICRON TECHNOLOGY INC (MTE.DE) Stock Technical Analysis
FRA:MTE - Deutsche Boerse Ag - US5951121038 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to MTE. MTE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, MTE is a bad performer in the overall market: 89% of all stocks are doing better.
MTE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month MTE has a been trading in the 82.77 - 102.94 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: MTE has an average volume of 21117 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MTE is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 77% of 58 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of MTE is bad and it also does not present a quality setup 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.
More info and screens
79.47
107.18
We found 1 important support area.
- Support @80.27 from a trend line in the weekly time frame.
7 important resistance areas can be observed.
- A resistance zone ranging from 83.49 to 84.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 91.69 to 92.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @94.78 from a trend line in the weekly time frame.
- Resistance @97.07 from a trend line in the daily time frame.
- A resistance zone ranging from 99.46 to 100.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @103.76 from a horizontal line in the daily time frame.
- Resistance @106.12 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.64
Mansfield-1.92
10 Day High96.04
10 Day Low82.77
20 Day High102.94
20 Day Low82.77
52 Week High147.62
52 Week Low74.77
Performance
1 Week-7.18%
2 Weeks-13.51%
1 Month-7.05%
3 Month-13.55%
6 Month7.61%
12 Month-7.92%
2 Year48.36%
3 Year17.68%
5 Year105.03%
10 YearN/A
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)-1.14
RSI(14)38.24
LBB79.8
UBB103.39
FRA:MTE (3/7/2025, 7:00:00 PM)
83.48
-1.5 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.77%
1 Week-7.18%
2 Weeks-13.51%
1 Month-7.05%
3 Month-13.55%
6 Month7.61%
12 Month-7.92%
2 Year48.36%
3 Year17.68%
5 Year105.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.27
ATR(20)%4.89%
ATR Inc-30.42%
Range Today2.91
ADR(20)3.47
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.64
Mansfield-1.92
10 Day High96.04
10 Day Low82.77
20 Day High102.94
20 Day Low82.77
52 Week High147.62
52 Week Low74.77
CS1 End80.27
CR1 Start83.49
Volume & EV
DER(3)-0.01%
DER(5)-1.12%
Volume11.56K
Volume Incr-8.75%
Vol(5)14.92K
Vol(50)21.12K