MICRON TECHNOLOGY INC (MU) Stock Technical Analysis
NASDAQ:MU - Nasdaq - US5951121038 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to MU. Although MU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
66% of all other stocks performed better in the past year than MU.
The long and short term trends are both positive. This is looking good!
In the last month MU has a been trading in the 90.93 - 117.26 range, which is quite wide. It is currently trading near the high of this range.
MU has an average volume of 23269700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MU is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 62% of 110 stocks in the same industry.
MU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MU is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
62.95
117.20
2 important support areas can be observed.
- Support @65.65 from a horizontal line in the weekly time frame.
- Support @63.59 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 116.02 to 116.04. 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 MU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MU is up. |
| ChartMill Relative Strength | 34.77 | NEUTRAL | MU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MU is above 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) | 80.26 | OVERBOUGHT | The high RSI value suggests MU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.44 | POSITIVE | The MACD value suggests MU has a positive trend. |
| Stochastics (14,3) | 94.92 | OVERBOUGHT | The high Stochastics value suggests MU may be overbought. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for MU suggests some volalility. |
| Average Directional Index/ADX (14) | 33.26 | 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)
NASDAQ:MU (6/12/2025, 9:46:10 AM)
114.41
-1.62 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.4%
1 Week12.38%
2 Weeks20.64%
1 Month19.7%
3 Month15.12%
6 Month13.2%
12 Month-17.92%
2 Year83.85%
3 Year109.9%
5 Year125.21%
10 Year515.87%
15 Year1266.67%
Volatility
ATR(14)3.89
ATR(20)%3.12%
ATR Inc-5.53%
Range Today1.19
ADR(20)3.26
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.77
Mansfield1.14
10 Day High117.26
10 Day Low92.22
20 Day High117.26
20 Day Low90.93
52 Week High157.54
52 Week Low61.54
CS1 End65.65
CR1 StartN/A
Volume & EV
DER(3)1.09%
DER(5)0.06%
Volume2.35M
Volume Incr23.85%
Vol(5)22.86M
Vol(50)23.27M