MICRON TECHNOLOGY INC (MU) Stock Technical Analysis
NASDAQ:MU - US5951121038 - Common Stock
117.69 USD
+0.01 (+0.01%)
Taking everything into account, MU scores 8 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, MU is showing a nice and steady performance.
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!
MU 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 MU is lagging the market slightly.
MU has an average volume of 22635100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MU did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
MU is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, MU did better than 66% of them.
In the last month MU has a been trading in the 103.38 - 128.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MU has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 112.94, a Stop Loss order could be placed below this zone.
More info and screens
64.99
129.19
When analyzing the support we can see 4 important areas.
- A support zone ranging from 111.97 to 112.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @108.55 from a trend line in the daily time frame.
- A support zone ranging from 104.88 to 104.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.65 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 121.82 to 122.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @124.76 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 127.91 to 127.91. This zone is formed by a combination of multiple trend lines 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 | 80.12 | POSITIVE | MU has a high relative strength, it outperformed 80.12% off all stocks 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 | 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) | 50.6 | NEUTRAL | The RSI value for MU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MU has a negative trend. |
| Stochastics (14,3) | 49.83 | NEUTRAL | The Stochastics value for MU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for MU suggests some volalility. |
| Average Directional Index/ADX (14) | 20.67 | NEUTRAL | The ADX value for MU 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 122.31 | 113.45 | 8.86 (7.24%) | 13.80% |
| An entry @122.31. This is a Buy Stop order right above the resistance zone. | An exit @113.45. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.86 points, which is 7.24%. | For a 1.00% total portfolio risk, you can invest 13.80% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:MU (8/25/2025, 10:06:07 AM)
117.69
+0.01 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.01%
1 Week-2.64%
2 Weeks-1.02%
1 Month5.77%
3 Month26.04%
6 Month19.06%
12 Month14.42%
2 Year68.26%
3 Year108.17%
5 Year158.58%
10 Year617.12%
15 Year1721.67%
Volatility
ATR(14)5.08
ATR(20)%4.07%
ATR Inc-32.51%
Range Today1.41
ADR(20)3.94
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.12
Mansfield0.79
10 Day High128.6
10 Day Low113.46
20 Day High128.6
20 Day Low103.38
52 Week High129.85
52 Week Low61.54
CS1 End112.94
CR1 Start121.82
Volume & EV
DER(3)-0.94%
DER(5)0.35%
Volume2.03M
Volume Incr-21.87%
Vol(5)15.94M
Vol(50)22.64M