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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Micron Technology, Inc. (NASDAQ:MU)

Sidelines Mode (+55) - MU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
116.000 116.900 113.700 116.345 +0.015
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 up The intermediate-term trend has been UP since Feb 26th, 2024 at 87.2200

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 +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
116.000 116.900 113.700 116.345 +0.015
Prev. Close Volume Bid Ask Time
116.330 4431023 2024-04-18 10:01:09
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 Volume32,827,975
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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