MICRON TECHNOLOGY INC (MTE.DE) Stock Technical Analysis
Europe - FRA:MTE - US5951121038 - Common Stock
We assign a technical rating of 9 out of 10 to MTE. 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.
Although MTE has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
104.54
We found 2 important support areas.
- A support zone ranging from 124.53 to 124.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @105.60 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 218.41 to 218.81. 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 | 98.57 | POSITIVE | MTE.DE has a high relative strength, it outperformed 98.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MTE.DE is below 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) | 51.14 | NEUTRAL | The RSI value for MTE.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.49 | NEGATIVE | The MACD value suggests MTE.DE has a negative trend. |
| Stochastics (14,3) | 43.78 | NEUTRAL | The Stochastics value for MTE.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for MTE.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 34.94 | POSITIVE | The high ADX value value for MTE.DE suggests a strong trend. |
FRA:MTE (11/19/2025, 7:00:00 PM)
194
-5.68 (-2.84%)
MICRON TECHNOLOGY INC / MTE.DE FAQ
What is the ChartMill technical rating of MICRON TECHNOLOGY INC (MTE.DE) stock?
ChartMill assigns a technical rating of 9 / 10 to MTE.DE.
Can you provide the trend direction for MICRON TECHNOLOGY INC?
The current trend direction for MICRON TECHNOLOGY INC (MTE.DE) is Bullish.
What is the RSI signal for MTE stock?
MICRON TECHNOLOGY INC (MTE.DE) has an RSI value of 51.1397. This indicates that the stock is currently neutral.
What is the MACD signal for MTE stock?
The MACD indicator for MICRON TECHNOLOGY INC (MTE.DE) has a value of -2.48917, indicating a bearish trend.
Can you provide the short term momentum for MICRON TECHNOLOGY INC?
The short term momentum for MICRON TECHNOLOGY INC (MTE.DE) is positive.