Technical Analysis for MU - Micron Technology, Inc.

Grade Last Price % Change Price Change
B 131.52 -0.01% -0.01
MU closed down 0.01 percent on Monday, July 1, 2024, on 1.17 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Multiple of Ten Bullish Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish -0.01%
Calm After Storm Range Contraction -0.01%
Fell Below 20 DMA Bearish -0.54%
Volume Surge Other -0.54%
Earnings Movers Other -0.54%

   Recent Intraday Alerts

Alert Time
Down 3% about 10 hours ago
Down 2 % about 10 hours ago
2x Volume Pace about 10 hours ago
1.5x Volume Pace about 10 hours ago
Fell Below Previous Day's Low about 10 hours 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 Flash Wireless Communication 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 157.535
52 Week Low 60.1471
Average Volume 21,184,588
200-Day Moving Average 95.40
50-Day Moving Average 127.17
20-Day Moving Average 137.37
10-Day Moving Average 140.28
Average True Range 5.84
RSI (14) 46.24
ADX 24.38
+DI 25.86
-DI 30.30
Chandelier Exit (Long, 3 ATRs) 140.00
Chandelier Exit (Short, 3 ATRs) 138.54
Upper Bollinger Bands 151.05
Lower Bollinger Band 123.69
Percent B (%b) 0.29
BandWidth 19.92
MACD Line 2.24
MACD Signal Line 4.08
MACD Histogram -1.8383
Fundamentals Value
Market Cap 145.19 Billion
Num Shares 1.1 Billion
EPS -6.28
Price-to-Earnings (P/E) Ratio -20.94
Price-to-Sales 5.84
Price-to-Book 2.20
PEG Ratio 1.12
Dividend 0.46
Dividend Yield 0.35%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 138.74
Resistance 3 (R3) 138.13 135.11 137.54
Resistance 2 (R2) 135.11 133.27 135.41 137.14
Resistance 1 (R1) 133.31 132.13 134.21 133.93 136.74
Pivot Point 130.29 130.29 130.74 130.60 130.29
Support 1 (S1) 128.50 128.45 129.39 129.11 126.30
Support 2 (S2) 125.48 127.32 125.78 125.90
Support 3 (S3) 123.68 125.48 125.50
Support 4 (S4) 124.30