MICRON TECHNOLOGY INC (MTE.DE) Stock Technical Analysis
FRA:MTE - Deutsche Boerse Ag - US5951121038 - Common Stock - Currency: EUR
Overall MTE gets a technical rating of 5 out of 10. MTE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month MTE has a been trading in the 92.79 - 112.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: MTE has an average volume of 15524 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that MTE is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MTE is part of the Semiconductors & Semiconductor Equipment industry. There are 56 other stocks in this industry, MTE did better than 63% of them.
MTE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTE is lagging the market.
MTE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
92.03
108.01
We found 1 important resistance area.
- A resistance zone ranging from 105.09 to 106.94. 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 | DOWN | NEGATIVE | The short term trend for MTE.DE is down. |
| ChartMill Relative Strength | 75.07 | POSITIVE | MTE.DE has a high relative strength, it outperformed 75.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTE.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MTE.DE is below 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) | 36.58 | NEUTRAL | The RSI value for MTE.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.76 | NEGATIVE | The MACD value suggests MTE.DE has a negative trend. |
| Stochastics (14,3) | 14.62 | OVERSOLD | The low Stochastics value suggests MTE.DE may be oversold. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for MTE.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 26.73 | 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)
FRA:MTE (7/23/2025, 2:17:30 PM)
92.96
-0.19 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.2%
1 Week-9.77%
2 Weeks-12.45%
1 Month-14.35%
3 Month35.65%
6 Month-5.84%
12 Month-6.83%
2 Year43.79%
3 Year55.59%
5 Year120.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.67
ATR(20)%3.94%
ATR Inc27.39%
Range Today0.85
ADR(20)3.33
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.07
Mansfield-0.39
10 Day High107.56
10 Day Low92.79
20 Day High112
20 Day Low92.79
52 Week High112
52 Week Low51.73
CS1 EndN/A
CR1 Start105.09
Volume & EV
DER(3)-0.56%
DER(5)-3.16%
Volume2.54K
Volume Incr47.98%
Vol(5)21.11K
Vol(50)15.52K