Technical Analysis for MU - Micron Technology, Inc.

Grade Last Price % Change Price Change
B 127.89 0.06% 0.08
MU closed up 0.06 percent on Thursday, May 16, 2024, on 65 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 30
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
New Uptrend Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bearish Other 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 9 hours ago
Up 1% about 10 hours ago
Rose Above Previous Day's High about 10 hours ago
Fell Below Upper Bollinger Band about 10 hours ago
Up 2% 1 day ago

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Profile

Micron Technology, Inc. Description

Micron Technology, Inc., together with its subsidiaries, engages in manufacturing and marketing semiconductor devices worldwide. Its products for data storage and retrieval comprise dynamic random access memory (DRAM) products, including DDR2 and DDR3 for use as main system memory in computers and servers; and other specialty DRAM memory products, such as DDR and DDR2 mobile low power DRAM, DDR, SDRAM, reduced latency DRAM, and pseudo-static RAM used in laptop computers, tablets, and other consumer devices. The company also offers NAND flash memory products, including RealSSD solid-state drives, flash memory cards, CompactFlash and memory stick products, SD memory cards, and JumpDrive products used in mobile phones, MP3/4 players, computers, solid-state drives, tablets, digital still cameras, and other personal and consumer applications. In addition, it resells flash memory products that are purchased from other NAND flash suppliers. Further, Micron Technology, Inc. provides NOR flash memory products that are electrically re-writeable, non-volatile semiconductor memory devices used in consumer electronics, industrial, wired and wireless communications, computing, and automotive applications; and manufactures semiconductor components for CMOS image sensors and other semiconductor products. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors, as well as through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.


Classification

Sector: Technology
Industry: Semiconductor Memory
Keywords: S&P 500 Computing Nasdaq 100 Semiconductor Consumer Electronics Camera Mobile Phone Wireless Communication Flash Semiconductor Devices Laptop Semiconductor Products Computer Data Storage Consumer Applications Flash Memory Image Sensor Laptop Computer MP3 Memory Products Computer Memory Dynamic Random Access Memory Random Access CMOS Computer Storage Devices Consumer Devices Computer Data DDR3 SDRAM Solid State Drive Automotive Applications Flash Memory Products Memory Devices Non-Volatile Memory SDRAM Semiconductor Memory Synchronous Dynamic Random Access Memory

Is MU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 130.5431
52 Week Low 60.1471
Average Volume 24,350,741
200-Day Moving Average 85.31
50-Day Moving Average 113.74
20-Day Moving Average 116.59
10-Day Moving Average 121.59
Average True Range 3.90
RSI (14) 67.64
ADX 26.3
+DI 38.96
-DI 15.42
Chandelier Exit (Long, 3 ATRs) 118.42
Chandelier Exit (Short, 3 ATRs) 117.43
Upper Bollinger Bands 128.59
Lower Bollinger Band 104.59
Percent B (%b) 0.97
BandWidth 20.59
MACD Line 3.43
MACD Signal Line 2.31
MACD Histogram 1.1231
Fundamentals Value
Market Cap 141.18 Billion
Num Shares 1.1 Billion
EPS -6.28
Price-to-Earnings (P/E) Ratio -20.36
Price-to-Sales 5.84
Price-to-Book 2.20
PEG Ratio 1.12
Dividend 0.46
Dividend Yield 0.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 132.51
Resistance 3 (R3) 132.74 131.44 131.74
Resistance 2 (R2) 131.44 130.26 131.32 131.48
Resistance 1 (R1) 129.66 129.53 129.01 129.43 131.23
Pivot Point 128.36 128.36 128.03 128.24 128.36
Support 1 (S1) 126.58 127.18 125.93 126.35 124.55
Support 2 (S2) 125.28 126.45 125.16 124.30
Support 3 (S3) 123.50 125.28 124.04
Support 4 (S4) 123.27