MICRON TECHNOLOGY INC (MTE.DE) Stock Technical Analysis
FRA:MTE - US5951121038 - Common Stock
108.84 EUR
+6 (+5.83%)
Taking everything into account, MTE scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MTE is showing a nice and steady performance.
Warning: MTE has an average volume of 14621 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MTE did better than 88% of all other stocks.
MTE is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 86% of 60 stocks in the same industry.
MTE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MTE has a been trading in the 97.82 - 110.30 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MTE 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
94.72
109.94
We found 3 important support areas.
- Support @108.76 from a horizontal line in the daily time frame.
- A support zone ranging from 99.61 to 103.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.68 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 108.85 to 108.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MTE.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTE.DE is up. |
| ChartMill Relative Strength | 88.25 | POSITIVE | MTE.DE has a high relative strength, it outperformed 88.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTE.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTE.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTE.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.31 | NEUTRAL | The RSI value for MTE.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests MTE.DE has a positive trend. |
| Stochastics (14,3) | 58.52 | NEUTRAL | The Stochastics value for MTE.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for MTE.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.16 | NEGATIVE | The low ADX value for MTE.DE suggests a weak or negative 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)
FRA:MTE (9/5/2025, 7:00:00 PM)
108.84
+6 (+5.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg5.83%
1 Week6.14%
2 Weeks6.14%
1 Month7.1%
3 Month12.17%
6 Month30.38%
12 Month40.29%
2 Year69.53%
3 Year107.12%
5 Year165.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.55
ATR(20)%3.45%
ATR Inc38.05%
Range Today3.68
ADR(20)3.31
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.25
Mansfield0.92
10 Day High110.3
10 Day Low98.2
20 Day High110.3
20 Day Low97.82
52 Week High112
52 Week Low51.73
CS1 End108.76
CR1 Start108.85
Volume & EV
DER(3)1%
DER(5)0.47%
Volume23.22K
Volume Incr-30.28%
Vol(5)10.34K
Vol(50)14.62K