MICRON TECHNOLOGY INC (MTE.DE) Stock Technical Analysis
FRA:MTE - Deutsche Boerse Ag - US5951121038 - Common Stock - Currency: EUR
Taking everything into account, MTE scores 8 out of 10 in our technical rating. Although MTE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: MTE has an average volume of 17747 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!
MTE is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 74% of 55 stocks in the same industry.
In the last month MTE has a been trading in the 81.41 - 107.12 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, MTE turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
MTE 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 MTE is lagging the market slightly.
MTE has an excellent technical rating, but the quality of the setup is only medium 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
103.24
106.80
We found 1 important support area.
- A support zone ranging from 104.28 to 105.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 105.67 to 105.74. 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 | 42.99 | NEUTRAL | MTE.DE is not amongst the best or worst performers 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) | 75.26 | OVERBOUGHT | The high RSI value suggests MTE.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests MTE.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.97 | OVERBOUGHT | The high Stochastics value suggests MTE.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MTE.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 35.09 | 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 (6/20/2025, 5:28:18 PM)
105.66
+1.38 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.32%
1 Week5.07%
2 Weeks8.89%
1 Month29.42%
3 Month20.6%
6 Month25.56%
12 Month-19.38%
2 Year82.05%
3 Year98.95%
5 Year128.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.32
ATR(20)%2.91%
ATR Inc-33.36%
Range Today2.32
ADR(20)2.77
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.99
Mansfield1.22
10 Day High107.12
10 Day Low95.01
20 Day High107.12
20 Day Low81.41
52 Week High136.9
52 Week Low51.73
CS1 End105.65
CR1 Start105.67
Volume & EV
DER(3)-4.89%
DER(5)-1.73%
Volume7.99K
Volume Incr-14.14%
Vol(5)12.36K
Vol(50)17.75K