MICRON TECHNOLOGY INC (1MU.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:1MU • US5951121038
We assign a technical rating of 10 out of 10 to 1MU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 1MU is showing a nice and steady performance.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: 1MU has an average volume of 18827 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that 1MU is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by 1MU over the past year are nicely spread over this period.
- 1MU is part of the Semiconductors & Semiconductor Equipment industry. There are 63 other stocks in this industry. 1MU outperforms 95% of them.
- 1MU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 1MU is lagging the market slightly.
- In the last month 1MU has a been trading in the 275.45 - 382.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although 1MU has an excellent technical rating, it 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
214.07
We found 3 important support areas.
- A support zone ranging from 323.69 to 324.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @224.59 from a trend line in the daily time frame.
- Support @216.23 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1MU.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1MU.MI is up. |
| ChartMill Relative Strength | 98.87 | POSITIVE | 1MU.MI has a high relative strength, it outperformed 98.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1MU.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1MU.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 1MU.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.71 | NEUTRAL | The RSI value for 1MU.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.03 | NEGATIVE | The MACD value suggests 1MU.MI has a negative trend. |
| Stochastics (14,3) | 63.98 | NEUTRAL | The Stochastics value for 1MU.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for 1MU.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 44.03 | POSITIVE | The high ADX value value for 1MU.MI suggests a strong trend. |
BIT:1MU (2/5/2026, 7:00:00 PM)
325.45
-33.55 (-9.35%)
MICRON TECHNOLOGY INC / 1MU.MI FAQ
What is the technical rating for 1MU stock?
ChartMill assigns a technical rating of 10 / 10 to 1MU.MI.
What is the current trend direction of MICRON TECHNOLOGY INC (1MU.MI) stock?
The current trend direction for MICRON TECHNOLOGY INC (1MU.MI) is Bullish.
Can you provide the RSI signal for MICRON TECHNOLOGY INC?
MICRON TECHNOLOGY INC (1MU.MI) has an RSI value of 54.7112. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MICRON TECHNOLOGY INC?
The buy/sell signal for MICRON TECHNOLOGY INC (1MU.MI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for MICRON TECHNOLOGY INC?
MICRON TECHNOLOGY INC (1MU.MI) has a support level at 224.59. Check the full technical report for our detailed analysis of 1MU.MI support and resistance levels.