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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 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.

NASDAQ_MU
Open High Low MU Price Change
109.650 110.880 105.720 106.735 -5.195
Entry Signal

MarketClub’s Trade Triangles for MU

long term up The long-term trend has been UP since Mar 29th, 2023 at 64.3400

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 110.1600

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 121.2001

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
Smart Scan Analysis for MU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.650 110.880 105.720 106.735 -5.195
Prev. Close Volume Bid Ask Time
111.930 24696408 2024-04-19 15:23:11
Year High64.66Year High Date2018-05-30
Year Low33.82Year Low Date2018-10-29
52wk High130.543152wk High Date2024-04-04
52wk Low58.0352wk Low Date2023-04-25
Year End Close6.34Average Volume33,085,739
Shares Outstanding1,107,368Short Interest56,767,312
% Institutional74.4Market Cap55,719M
Assets657,180,000MLiabilities218,480,000M
P/E Ratio45.6241Beta1.68
Volatility54.82
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