MICRON TECHNOLOGY INC (MU)

US5951121038 - Common Stock

97.51  +1.17 (+1.21%)

After market: 97.6158 +0.11 (+0.11%)

Technical Rating and Analysis

2

Overall MU gets a technical rating of 2 out of 10. MU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

MU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MU has a been trading in the 95.53 - 114.30 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.
MU is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 80% of 108 stocks in the same industry.
MU has an average volume of 22764400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, MU turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
Weekly and Daily overview Charts
MU Weekly chart
MU Daily chart
Setup Rating and Analysis

3

The technical rating of MU 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.

Support and Resistance Analysis

85.20

113.17

3 important support areas can be observed.

  • Support @91.45 from a trend line in the weekly time frame.
  • Support @88.69 from a trend line in the daily time frame.
  • A support zone ranging from 86.06 to 86.38. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 103.20 to 104.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 110.58 to 112.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS62.32
Mansfield-1.57
10 Day High114.3
10 Day Low95.53
20 Day High114.3
20 Day Low95.53
52 Week High157.54
52 Week Low72.93
Performance
1 Week-10.25%
2 Weeks-4.15%
1 Month-10.61%
3 Month-5.19%
6 Month-24.7%
12 Month26.85%
2 Year69.14%
3 Year16.08%
5 Year105.24%
10 Year171.24%
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)-1.44
RSI(14)40.69
LBB92.89
UBB114.76
MU Daily chart

MICRON TECHNOLOGY INC

NASDAQ:MU (11/18/2024, 8:00:01 PM)

After market: 97.6158 +0.11 (+0.11%)

97.51

+1.17 (+1.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.21%
1 Week-10.25%
2 Weeks-4.15%
1 Month-10.61%
3 Month-5.19%
6 Month-24.7%
12 Month26.85%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.11
ATR(20)%3.85%
ATR Inc
Range Today2.54
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 High114.3
10 Day Low95.53
20 Day High114.3
20 Day Low95.53
52 Week High157.54
52 Week Low72.93
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.25M
Volume Incr14.04%
Vol(5)18.30M
Vol(50)22.76M