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MU Technical Analysis

Micron Technology Inc
$
81.420
+3.650(+4.690%)

MU Technical Signal Analysis

MU have 1 buy signal and 5 sell signals now. The current trend is consolidation starting from 2025-04-25. The total price change during this trend is -2.52%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of MU over last 5 trading day is $1,385,825,431.18

1 Bullish Signal

vs

5 Bearish Signal

Name

Signal

Value

Meaning

Momentum (10 days)

MOM_10 > 0

8.44

Bullish

Name

Signal

Value

Meaning

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 > 100

106.265

Bearish

Awesome Oscillator (5, 34)

AO_5_34 < 0

-4.115

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-2.276

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 80

81.865

Bearish

Williams %R (14 days)

WILLR_14 > -20

-17.264

Bearish

MU Support and Resistance Level

The support levels for MU are at 67.91812333333333, 64.45954333333331, and 58.86133333333332, while the resistance levels are at 79.11454333333332, 82.57312333333333, and 88.17133333333332. With the current stock price at 81.42, it is leaning more toward the resistance levels.

MU Technical Analysis

Technical Analysis of MU Stock

Price Action and Technical Indicators:

  • Current Price: MU closed at $94.72 on March 21, 2025.
  • Fibonacci Levels: The stock is trading below the Fibonacci pivot of $95.88, with resistance at $103.12 and $107.58, and support at $88.65 and $84.19.
  • RSI: The RSI is at 47.33, indicating a neutral position, neither overbought nor oversold.
  • MACD: The MACD line is slightly above the signal line, suggesting mild bullish momentum.
  • Stochastics: The Stochastics are showing a bearish crossover, indicating potential short-term weakness.
  • Bollinger Bands: The bands are narrowing, suggesting reduced volatility, but the price is below the middle band, indicating bearish pressure.

Volume and Sentiment:

  • Volume: The volume has been decreasing, indicating a lack of strong buying pressure.
  • News Sentiment: Negative sentiment due to earnings misses and geopolitical tensions.

Conclusion:

Based on the technical analysis, MU stock is showing bearish signals. The price is below the Fibonacci pivot, and the Stochastics indicate a potential downturn. The decreasing volume and negative news sentiment further support this bearish outlook.

Recommendation: Sell MU stock with a target price of $88.65, the next support level.

MU FAQs

Which bull technical signals does MU have?

Bullish technical signals of MU include: MOM_10 > 0.

Which bearish technical signals does MU have?

How reliable is technical analysis?

How can I use moving averages to set entry and exit points for MU stock?

Is MU a buy based on overall technical signals summary?

MU Buy or Sell

MU has 1 buy signals and 5 sell signals now. Overall the technical rating for MU is Strong sell.

StrongSellSellNeutralBuyStrongBuy
Strong sell
Sell
5
Buy
1

MU Moving Average

This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 81.42 above the SMA_5. In the short term, the stock shows a positive trend with the 77.98800000000008 above the SMA_20. In the mid term, the stock shows a negative trend with the 72.39350000000005 below the SMA_60. In the long term, the stock shows a negative trend with the 87.45916666666679 below the SMA_200.

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

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