MICRON TECHNOLOGY INC (1MU.MI) Stock Technical Analysis
BIT:1MU - Euronext Milan - US5951121038 - Common Stock - Currency: EUR
Taking everything into account, 1MU scores 7 out of 10 in our technical rating. 1MU has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: 1MU has an average volume of 5787 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.
1MU is part of the Semiconductors & Semiconductor Equipment industry. There are 55 other stocks in this industry. 1MU outperforms 77% of them.
In the last month 1MU has a been trading in the 63.16 - 106.84 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, 1MU turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
1MU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 1MU is lagging the market slightly.
Although 1MU has an excellent technical rating, it does not present a decent entry opportunity 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
94.19
106.84
We found 1 important support area.
- A support zone ranging from 95.14 to 96.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @103.33 from a horizontal line in the weekly time frame.
- Resistance @105.78 from a horizontal 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 | 47.71 | NEUTRAL | 1MU.MI is not amongst the best or worst performers 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) | 69.76 | NEUTRAL | The RSI value for 1MU.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.74 | POSITIVE | The MACD value suggests 1MU.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.55 | OVERBOUGHT | The high Stochastics value suggests 1MU.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for 1MU.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.75 | POSITIVE | The high ADX value value for 1MU.MI suggests a strong trend. |
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)
BIT:1MU (6/19/2025, 7:00:00 PM)
103.32
-2.42 (-2.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.29%
1 Week3.52%
2 Weeks18.96%
1 Month71.43%
3 Month11.65%
6 Month7.02%
12 Month-8.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.42
ATR(20)%4.2%
ATR Inc-47.69%
Range Today2.74
ADR(20)2.66
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.71
Mansfield0.57
10 Day High106.84
10 Day Low82.19
20 Day High106.84
20 Day Low63.16
52 Week High147.72
52 Week Low54.27
CS1 End96.17
CR1 Start103.33
Volume & EV
DER(3)0%
DER(5)0%
Volume3.67K
Volume Incr-3.46%
Vol(5)4.98K
Vol(50)5.79K