MICRON TECHNOLOGY INC (MU) Stock Technical Analysis
NASDAQ:MU - Nasdaq - US5951121038 - Common Stock - Currency: USD
Overall MU gets a technical rating of 0 out of 10. MU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than MU.
MU is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so MU is not an exception.
In the last month MU has a been trading in the 61.54 - 98.42 range, which is quite wide. It is currently trading near the lows of this range.
MU has an average volume of 25037300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MU is part of the Semiconductors & Semiconductor Equipment industry. There are 109 other stocks in this industry, MU did better than 41% of them.
MU has a poor technical rating and the quality of the setup is also 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.
More info and screens
62.95
113.17
2 important support areas can be observed.
- A support zone ranging from 64.72 to 65.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.59 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @71.04 from a horizontal line in the daily time frame.
- Resistance @94.55 from a trend line in the weekly time frame.
- Resistance @99.15 from a trend line in the daily time frame.
- Resistance @104.17 from a trend line in the daily time frame.
- Resistance @108.60 from a horizontal line in the daily time frame.
- Resistance @112.05 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
CRS13.87
Mansfield-2.9
10 Day High78.56
10 Day Low61.54
20 Day High98.42
20 Day Low61.54
52 Week High157.54
52 Week Low61.54
Performance
1 Week-4.04%
2 Weeks3.12%
1 Month-29.54%
3 Month-35.32%
6 Month-38.15%
12 Month-41.88%
2 Year3.7%
3 Year-2.13%
5 Year39.36%
10 Year137.26%
15 Year613.8%
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)-0.53
RSI(14)35.3
LBB57.78
UBB87.18
66.74
-2.06 (-2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.99%
1 Week-4.04%
2 Weeks3.12%
1 Month-29.54%
3 Month-35.32%
6 Month-38.15%
12 Month-41.88%
2 Year3.7%
3 Year-2.13%
5 Year39.36%
10 Year137.26%
15 Year613.8%
Volatility
ATR(14)6.98
ATR(20)%9.08%
ATR Inc-53.05%
Range Today2.36
ADR(20)5.18
ADR(20)%7.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.87
Mansfield-2.9
10 Day High78.56
10 Day Low61.54
20 Day High98.42
20 Day Low61.54
52 Week High157.54
52 Week Low61.54
CS1 End65.65
CR1 Start71.04
Volume & EV
DER(3)0.67%
DER(5)0.51%
Volume19.83M
Volume Incr-24.35%
Vol(5)24.15M
Vol(50)25.04M