MICRON TECHNOLOGY INC (MTE.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:MTE - US5951121038 - Common Stock
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.
Although MTE has an excellent technical rating, it does not offer a high quality setup 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
133.65
3 important support areas can be observed.
- A support zone ranging from 197.34 to 199.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @187.24 from a trend line in the daily time frame.
- Support @135.00 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 | 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 | 99.17 | POSITIVE | MTE.DE has a high relative strength, it outperformed 99.17% off all stocks 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) | 64.15 | NEUTRAL | The RSI value for MTE.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.98 | POSITIVE | The MACD value suggests MTE.DE has a positive trend. |
| Stochastics (14,3) | 90.07 | OVERBOUGHT | The high Stochastics value suggests MTE.DE may be overbought. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for MTE.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.21 | NEGATIVE | The low ADX value for MTE.DE suggests a weak or negative trend. |
FRA:MTE (12/23/2025, 7:00:00 PM)
234.3
+3.85 (+1.67%)
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.
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 64.1523. 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 1.98141, indicating a bullish trend.
Can you provide the short term momentum for MICRON TECHNOLOGY INC?
The short term momentum for MICRON TECHNOLOGY INC (MTE.DE) is positive.