MICRON TECHNOLOGY INC (MTE.DE) Stock Technical Analysis
Europe - FRA:MTE - US5951121038 - Common Stock
134.86 EUR
-0.08 (-0.06%)
Overall MTE gets a technical rating of 10 out of 10. 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 17962 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.
Looking at the yearly performance, MTE did better than 91% of all other stocks.
MTE is part of the Semiconductors & Semiconductor Equipment industry. There are 57 other stocks in this industry. MTE outperforms 85% of them.
MTE 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 MTE is lagging the market slightly.
MTE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MTE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
97.51
136.21
3 important support areas can be observed.
- A support zone ranging from 134.85 to 134.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 107.76 to 109.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @98.49 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 MTE.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTE.DE is up. |
| ChartMill Relative Strength | 91.49 | POSITIVE | MTE.DE has a high relative strength, it outperformed 91.49% 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) | 64.26 | NEUTRAL | The RSI value for MTE.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests MTE.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.35 | NEUTRAL | The Stochastics value for MTE.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for MTE.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 44.8 | POSITIVE | The high ADX value value for MTE.DE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 137.44 | 134.84 | 2.60 (1.89%) | 25.00% |
| An entry @137.44. This is a Buy Stop order right above the 10 day moving average. | An exit @134.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.60 points, which is 1.89%. | For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MTE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:MTE (9/26/2025, 7:00:00 PM)
134.86
-0.08 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.06%
1 Week-1.58%
2 Weeks0.97%
1 Month31.52%
3 Month26.11%
6 Month65.9%
12 Month39.94%
2 Year110.06%
3 Year156.63%
5 Year228.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.55
ATR(20)%3.77%
ATR Inc-25.85%
Range Today2.76
ADR(20)4.47
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.49
Mansfield2.97
10 Day High144.4
10 Day Low132.08
20 Day High144.4
20 Day Low98.2
52 Week High144.4
52 Week Low51.73
CS1 End134.85
CR1 StartN/A
Volume & EV
DER(3)-0.1%
DER(5)0.35%
Volume26.47K
Volume Incr60.02%
Vol(5)29.80K
Vol(50)17.96K