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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Micron Technology, Inc. (NASDAQ:MU)
Weak Downtrend (-65) - MU is showing signs of a strengthening downtrend. Monitor MU as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MU?
MarketClub looks at technical strength and momentum to determine if the timing is right for MU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MU
The long-term trend has been UP since Mar 29th, 2023 at 64.34
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 110.16
The short-term trend has been DOWN since May 1st, 2024 at 111.60
Smart Scan Analysis for MU
Based on our trend formula, MU is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 110.31 | 113.73 | 108.75 | 109.79 | -3.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 112.96 | 13422585 | 2024-05-01 15:59:43 |
| Year High | 64.66 | Year High Date | 2018-05-30 |
| Year Low | 33.82 | Year Low Date | 2018-10-29 |
| 52wk High | 130.5431 | 52wk High Date | 2024-04-04 |
| 52wk Low | 59.55 | 52wk Low Date | 2023-05-09 |
| Year End Close | 6.34 | Average Volume | 23,283,602 |
| Shares Outstanding | 1,107,368 | Short Interest | 56,767,312 |
| % Institutional | 74.4 | Market Cap | 55,719M |
| Assets | 657,180,000M | Liabilities | 218,480,000M |
| P/E Ratio | 45.6241 | Beta | 1.68 |
| Volatility | 54.82 |
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