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$MU (MICRON TECHNOLOGY INC) Price Analysis
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Penke

I guess you are interested in MICRON TECHNOLOGY INC. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“ˆ Technical Analysis (TA) – MICRON TECHNOLOGY INC’s Price Targets

I'm going to help you getting a better view of MICRON TECHNOLOGY INC. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Technical Analysis of MICRON TECHNOLOGY INC
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of MICRON TECHNOLOGY INC. The general trend of MICRON TECHNOLOGY INC is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine MICRON TECHNOLOGY INC's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. MICRON TECHNOLOGY INC Price Targets

1.1 sr

Score

Let's take a look at the sr of MICRON TECHNOLOGY INC.

  • The price is trading arround resistance levels. This can be considered as a potential exit level.
MICRON TECHNOLOGY INC Daily sr Chart

2. Trend Indicators

2.1 mas

Score

Let's take a look at the mas of MICRON TECHNOLOGY INC.

  • The SHORT shows weakening trend behaviour.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is leading the MEDIUM, indicating positive trend alignment.
  • The SHORT is leading the INTER, indicating positive trend alignment.
  • The SHORT is leading the LONG, indicating positive trend alignment.
  • The MEDIUM shows a strengthening upward trend.
  • Price action is trading under pressure relative to the MEDIUM.
  • The MEDIUM is leading the INTER, indicating positive trend alignment.
  • The MEDIUM is leading the LONG, indicating positive trend alignment.
  • The INTER shows a strengthening upward trend.
  • Price action is supported by the INTER.
  • The INTER is leading the LONG, indicating positive trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is supported by the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

MICRON TECHNOLOGY INC Daily mas Chart
2.2 macd

Score

Let's take a look at the macd of MICRON TECHNOLOGY INC.

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is negative. Market conditions reflect cautious sentiment, with sellers exerting more influence and limiting upside progress for MICRON TECHNOLOGY INC.
  • Momentum is weakening. Bearish pressure is increasing as confidence fades and market participants shift toward defensive positioning.
MICRON TECHNOLOGY INC Daily macd ChartMICRON TECHNOLOGY INC Daily macd Chart
2.3 dmi

Score

Let's take a look at the dmi of MICRON TECHNOLOGY INC.

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • Directional bias leans bearish while trend strength is beginning to build, often seen during early stages of downside development.
MICRON TECHNOLOGY INC Daily dmi Chart
2.4 sar

Score

Let's take a look at the sar of MICRON TECHNOLOGY INC.

  • Price action is under pressure relative to the prevailing trend structure, which is commonly interpreted as a bearish market signal.
MICRON TECHNOLOGY INC Daily sar Chart

3. Momentum Indicators

3.1 rsi

Score

Let's take a look at the rsi of MICRON TECHNOLOGY INC. The current phase is Correction in bull market.

  • Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Momentum is improving as buying interest gradually strengthens.
MICRON TECHNOLOGY INC Daily rsi ChartMICRON TECHNOLOGY INC Daily rsi Chart
3.2 stoch

Score

Let's take a look at the stoch of MICRON TECHNOLOGY INC. The current phase is Oversold in bull market.

  • Momentum favors sellers, indicating reduced buying interest and growing downside pressure.
  • Selling pressure appears exhausted, often seen near potential stabilization or rebound phases.
  • Momentum is leaning bearish, with selling pressure outweighing buying interest and signaling increased short-term caution for MICRON TECHNOLOGY INC.
  • Momentum is improving as buying interest strengthens and short-term sentiment turns more positive.
MICRON TECHNOLOGY INC Daily stoch ChartMICRON TECHNOLOGY INC Daily stoch Chart
3.3 cci

Score

Let's take a look at the cci of MICRON TECHNOLOGY INC.

  • Price action appears stretched to the downside, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
MICRON TECHNOLOGY INC Daily cci ChartMICRON TECHNOLOGY INC Daily cci Chart
3.4 cmo

Score

Let's take a look at the cmo of MICRON TECHNOLOGY INC.

  • Momentum is leaning negative, indicating cautious market conditions and increasing downside participation.
MICRON TECHNOLOGY INC Daily cmo ChartMICRON TECHNOLOGY INC Daily cmo Chart
3.5 willr

Score

Let's take a look at the willr of MICRON TECHNOLOGY INC.

  • Downward momentum appears stretched, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
MICRON TECHNOLOGY INC Daily willr ChartMICRON TECHNOLOGY INC Daily willr Chart

4. Volatility Indicators

4.1 bb

Score

Let's take a look at the bb of MICRON TECHNOLOGY INC.

MICRON TECHNOLOGY INC Daily bb Chart
4.2 atr

Score

Let's take a look at the atr of MICRON TECHNOLOGY INC.

MICRON TECHNOLOGY INC Daily atr ChartMICRON TECHNOLOGY INC Daily atr Chart

5. Volume Indicators

5.1 obv

Score

Let's take a look at the obv of MICRON TECHNOLOGY INC.

MICRON TECHNOLOGY INC Daily obv ChartMICRON TECHNOLOGY INC Daily obv Chart
5.2 mfi

Score

Let's take a look at the mfi of MICRON TECHNOLOGY INC.

  • Money flow favors sellers, indicating reduced buying interest and growing downside pressure.
MICRON TECHNOLOGY INC Daily mfi ChartMICRON TECHNOLOGY INC Daily mfi Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for MICRON TECHNOLOGY INC.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

MICRON TECHNOLOGY INC Daily Candlestick Chart
DateCandlestick Pattern
Penke

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