MICRON TECHNOLOGY INC (MU)

US5951121038 - Common Stock

87.09  -16.81 (-16.18%)

After market: 86.21 -0.88 (-1.01%)

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. The S&P500 Index however is trading in the upper part of its 52 week range, so MU is lagging the market.
In the last month MU has a been trading in the 84.61 - 112.04 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MU has an average volume of 20280900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, MU outperforms 43% of them, which is more or less in line with the market.
MU is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, MU did better than 62% of them.
Weekly and Daily overview Charts
MU Weekly chart
MU Daily chart
Setup Rating and Analysis

2

The technical rating of MU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

85.36

104.67

We found 1 important support area.

  • A support zone ranging from 86.22 to 86.38. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 100.52 to 101.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 103.48 to 103.63. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS43.23
Mansfield-2.42
10 Day High112.04
10 Day Low84.61
20 Day High112.04
20 Day Low84.61
52 Week High157.54
52 Week Low79.15
Performance
1 Week-11.35%
2 Weeks-13.66%
1 Month-11.47%
3 Month-4.19%
6 Month-37.59%
12 Month0.69%
2 Year74.25%
3 Year-6.51%
5 Year61.94%
10 Year148.76%
15 Year724.72%
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)-0.43
RSI(14)35.31
LBB91.13
UBB111.05
MU Daily chart

MICRON TECHNOLOGY INC

NASDAQ:MU (12/19/2024, 8:04:37 PM)

After market: 86.21 -0.88 (-1.01%)

87.09

-16.81 (-16.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-16.18%
1 Week-11.35%
2 Weeks-13.66%
1 Month-11.47%
3 Month-4.19%
6 Month-37.59%
12 Month0.69%
2 Year74.25%
3 Year-6.51%
5 Year61.94%
10 Year148.76%
15 Year724.72%
Volatility
ATR(14)5.92
ATR(20)%6.06%
ATR Inc225.64%
Range Today6.39
ADR(20)4.29
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.23
Mansfield-2.42
10 Day High112.04
10 Day Low84.61
20 Day High112.04
20 Day Low84.61
52 Week High157.54
52 Week Low79.15
CS1 End86.38
CR1 Start100.52
Volume & EV
DER(3)-0.84%
DER(5)1.3%
Volume91.40M
Volume Incr207.51%
Vol(5)51.38M
Vol(50)20.28M