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Stock Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Micron Technology, Inc. (NASDAQ:MU)
Countertrend Up (+85) - MU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 2nd, 2023 at 70.72
The short-term trend has been DOWN since Nov 21st, 2023 at 76.47
Smart Scan Analysis for MU
Based on our trend formula, MU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 75.080 | 76.240 | 73.985 | 75.165 | -2.345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 77.510 | 14037301 | 2023-11-28 14:13:57 |
| Year High | 64.66 | Year High Date | 2018-05-30 |
| Year Low | 33.82 | Year Low Date | 2018-10-29 |
| 52wk High | 78.905 | 52wk High Date | 2023-11-20 |
| 52wk Low | 48.43 | 52wk Low Date | 2022-12-22 |
| Year End Close | 6.34 | Average Volume | 11,289,750 |
| Shares Outstanding | 1,098,034 | Short Interest | 56,767,312 |
| % Institutional | 74.4 | Market Cap | 55,719M |
| Assets | 642,540,000M | Liabilities | 201,340,000M |
| P/E Ratio | 45.6241 | Beta | 1.68 |
| Volatility | 54.82 |