MICRON TECHNOLOGY INC (MTE.DE) Stock Technical Analysis
FRA:MTE - Deutsche Boerse Ag - US5951121038 - Common Stock - Currency: EUR
Taking everything into account, MTE scores 4 out of 10 in our technical rating. MTE was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month MTE has a been trading in the 89.51 - 107.56 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MTE has an average volume of 15099 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MTE is part of the Semiconductors & Semiconductor Equipment industry. There are 53 other stocks in this industry. MTE outperforms 75% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, MTE did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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 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
90.08
105.68
When analyzing the support we notice one important area.
- A support zone ranging from 90.99 to 90.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 91.01 to 92.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 98.51 to 98.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @104.63 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for MTE.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTE.DE is down. |
| ChartMill Relative Strength | 80.93 | POSITIVE | MTE.DE has a high relative strength, it outperformed 80.93% 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) | DOWN | NEGATIVE | The current price of MTE.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.73 | NEUTRAL | The RSI value for MTE.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests MTE.DE has a negative trend. |
| Stochastics (14,3) | 24.59 | NEUTRAL | The Stochastics value for MTE.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for MTE.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for MTE.DE suggests a possible start of a new 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 (8/1/2025, 7:00:00 PM)
91
-4.56 (-4.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-4.77%
1 Week-3.62%
2 Weeks-6.99%
1 Month-14.55%
3 Month28.35%
6 Month0.92%
12 Month4.51%
2 Year41.66%
3 Year62.44%
5 Year139.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.49
ATR(20)%3.96%
ATR Inc100.62%
Range Today5
ADR(20)3.14
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.93
Mansfield-0.49
10 Day High101.62
10 Day Low89.51
20 Day High107.56
20 Day Low89.51
52 Week High112
52 Week Low51.73
CS1 End90.99
CR1 Start91.01
Volume & EV
DER(3)-5.77%
DER(5)-4.19%
Volume12.41K
Volume Incr-19.18%
Vol(5)12.87K
Vol(50)15.10K