MICRON TECHNOLOGY INC (MU) Stock Technical Analysis
NASDAQ:MU - Nasdaq - US5951121038 - Common Stock
Overall MU gets a technical rating of 5 out of 10. In the last year, MU was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MU has a been trading in the 83.54 - 112.04 range, which is quite wide. It is currently trading near the high of this range.
MU has an average volume of 23179400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, MU outperforms 65% of them, which is more or less in line with the market.
MU is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 65% of 109 stocks in the same industry.
MU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MU is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MU has an average technical rating and it also does not offer a high 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
85.41
114.54
5 important support areas can be observed.
- A support zone ranging from 105.04 to 105.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 99.17 to 99.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.46 to 95.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @89.76 from a trend line in the weekly time frame.
- Support @86.27 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 111.90 to 113.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.46
Mansfield-0.92
10 Day High106.74
10 Day Low87.51
20 Day High112.04
20 Day Low83.54
52 Week High157.54
52 Week Low79.15
Performance
1 Week6.45%
2 Weeks21.09%
1 Month-2.62%
3 Month-4.86%
6 Month-7.45%
12 Month20.84%
2 Year75.37%
3 Year28.54%
5 Year99.19%
10 Year261.42%
15 Year1112.73%
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)1.69
RSI(14)60.13
LBB81.7
UBB109.61
MICRON TECHNOLOGY INC
NASDAQ:MU (1/17/2025, 8:16:28 PM)
After market: 105.75 0 (0%)105.75
+3.15 (+3.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.07%
1 Week6.45%
2 Weeks21.09%
1 Month-2.62%
3 Month-4.86%
6 Month-7.45%
12 Month20.84%
2 Year75.37%
3 Year28.54%
5 Year99.19%
10 Year261.42%
15 Year1112.73%
Volatility
ATR(14)4.63
ATR(20)%5.05%
ATR Inc-29.41%
Range Today3.38
ADR(20)3.91
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.46
Mansfield-0.92
10 Day High106.74
10 Day Low87.51
20 Day High112.04
20 Day Low83.54
52 Week High157.54
52 Week Low79.15
CS1 End105.74
CR1 Start111.9
Volume & EV
DER(3)1.65%
DER(5)1.26%
Volume18.91M
Volume Incr-35.14%
Vol(5)20.81M
Vol(50)23.18M