MICRON TECHNOLOGY INC (MU) Stock Technical Analysis
NASDAQ:MU - Nasdaq - US5951121038 - Common Stock - Currency: USD
Taking everything into account, MU scores 5 out of 10 in our technical rating. 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.
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.
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 87.35 - 107.88 range, which is quite wide. It is currently trading near the high of this range.
MU has an average volume of 25309900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MU did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
MU is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 64% of 108 stocks in the same industry.
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
We found 4 important support areas.
- A support zone ranging from 95.62 to 98.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 91.64 to 92.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 88.25 to 88.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @86.27 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @102.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 107.62 to 108.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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
CRS73.08
Mansfield-1.29
10 Day High107.88
10 Day Low87.35
20 Day High107.88
20 Day Low87.35
52 Week High157.54
52 Week Low83.54
Performance
1 Week12.54%
2 Weeks10.24%
1 Month-5.54%
3 Month0.53%
6 Month0.32%
12 Month19.98%
2 Year78.45%
3 Year16.12%
5 Year96.31%
10 Year236.42%
15 Year1038.85%
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)1.4
RSI(14)57.5
LBB85.51
UBB106.41
NASDAQ:MU (2/21/2025, 11:14:09 AM)
100.955
-2.23 (-2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.16%
1 Week12.54%
2 Weeks10.24%
1 Month-5.54%
3 Month0.53%
6 Month0.32%
12 Month19.98%
2 Year78.45%
3 Year16.12%
5 Year96.31%
10 Year236.42%
15 Year1038.85%
Volatility
ATR(14)4.06
ATR(20)%4.5%
ATR Inc-26.17%
Range Today3.23
ADR(20)3.69
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.08
Mansfield-1.29
10 Day High107.88
10 Day Low87.35
20 Day High107.88
20 Day Low87.35
52 Week High157.54
52 Week Low83.54
CS1 End102.67
CR1 Start107.62
Volume & EV
DER(3)1.26%
DER(5)2.19%
Volume4.50M
Volume Incr-7.66%
Vol(5)19.97M
Vol(50)25.31M