MICRON TECHNOLOGY INC (MU) Technical Analysis
NASDAQ:MU • US5951121038
370.3 USD
-26.75 (-6.74%)
At close: Mar 6, 2026
369.17 USD
-1.13 (-0.31%)
After Hours: 3/6/2026, 8:00:02 PM
Overall MU gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month MU has a been trading in the 366.06 - 438.77 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that MU is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, MU also shows a nice and consistent pattern of rising prices.
- MU is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 98% of 115 stocks in the same industry.
- MU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MU is performing more or less in line with the market.
- MU has an average volume of 34244000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although MU 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
277.63
409.70
When analyzing the support we can see 3 important areas.
- A support zone ranging from 370.29 to 370.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @296.31 from a trend line in the daily time frame.
- Support @280.43 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 400.78 to 405.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 MU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MU is neutral. |
| ChartMill Relative Strength | 98.71 | POSITIVE | MU has a high relative strength, it outperformed 98.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.62 | NEUTRAL | The RSI value for MU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -7.28 | NEGATIVE | The MACD value suggests MU has a negative trend. |
| Stochastics (14,3) | 27.01 | NEUTRAL | The Stochastics value for MU is a neutral value. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for MU suggests high volalility. |
| Average Directional Index/ADX (14) | 26.48 | POSITIVE | The high ADX value value for MU 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)
MU Technicals: Chart, Performance Metrics, Trend & Indicators
370.3
-26.75 (-6.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-6.74%
1 Week-10.2%
2 Weeks-13.52%
1 Month-3.29%
3 Month56.1%
6 Month181.88%
12 Month298.34%
2 Year214.11%
3 Year513.69%
5 Year319.79%
10 Year3436.77%
15 Year3128.42%
Volatility
ATR(14)23.58
ATR(20)%6.65%
ATR Inc13.21%
Range Today23.73
ADR(20)21.65
ADR(20)%5.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.71
3 months CRS97.74
6 months CRS98.99
Mansfield8.83
10 Day High436.89
10 Day Low367.45
20 Day High438.77
20 Day Low366.06
52 Week High455.5
52 Week Low61.54
CS1 End370.29
CR1 Start400.78
Volume & EV
DER(3)0.57%
DER(5)0.79%
Volume34.46M
Volume Incr-8.05%
Vol(5)33.22M
Vol(50)34.24M
MICRON TECHNOLOGY INC / MU FAQ
What is the ChartMill technical rating of MICRON TECHNOLOGY INC (MU) stock?
ChartMill assigns a technical rating of 9 / 10 to MU.
Can you provide the trend direction for MICRON TECHNOLOGY INC?
The current trend direction for MICRON TECHNOLOGY INC (MU) is Bullish.
Can you provide the RSI signal for MICRON TECHNOLOGY INC?
MICRON TECHNOLOGY INC (MU) has an RSI value of 42.6156. This indicates that the stock is currently neutral.
What is the MACD signal for MU stock?
The MACD indicator for MICRON TECHNOLOGY INC (MU) has a value of -7.28367, indicating a bearish trend.