MICRON TECHNOLOGY INC (MTE.DE) Stock Technical Analysis
FRA:MTE • US5951121038
Taking everything into account, MTE scores 10 out of 10 in our technical rating. 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 25443 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.
- When comparing the yearly performance of all stocks, we notice that MTE is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, MTE also shows a nice and consistent pattern of rising prices.
- MTE is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 96% of 64 stocks in the same industry.
- 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.
- In the last month MTE has a been trading in the 307.50 - 379.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MTE also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
236.63
We found 3 important support areas.
- Support @314.94 from a horizontal line in the daily time frame.
- Support @249.57 from a trend line in the daily time frame.
- Support @239.02 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 368.91 to 371.56. 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 | 99.22 | POSITIVE | MTE.DE has a high relative strength, it outperformed 99.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MTE.DE is above a declining 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) | 55.25 | NEUTRAL | The RSI value for MTE.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.21 | NEGATIVE | The MACD value suggests MTE.DE has a negative trend. |
| Stochastics (14,3) | 75.96 | NEUTRAL | The Stochastics value for MTE.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for MTE.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 23.6 | NEUTRAL | The ADX value for MTE.DE suggests a possible start of a new trend. |
FRA:MTE (2/27/2026, 7:00:00 PM)
349.8
-3 (-0.85%)
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 10 / 10 to MTE.DE.
What is the trend direction for MTE stock?
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 55.2486. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MICRON TECHNOLOGY INC?
The buy/sell signal for MICRON TECHNOLOGY INC (MTE.DE) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for MICRON TECHNOLOGY INC (MTE.DE) stock?
MICRON TECHNOLOGY INC (MTE.DE) has a support level at 314.94 and a resistance level at 368.91. Check the full technical report for our detailed analysis of MTE.DE support and resistance levels.