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Stock Trend Analysis Report
Prepared for you on Monday, December 9, 2024.
Micron Technology, Inc. (NASDAQ:MU)
Countertrend Down (-85) - MU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jul 25th, 2024 at 105.7200
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 99.0707
The short-term trend has been UP since Dec 3rd, 2024 at 101.0400
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 |
|---|---|---|---|---|
| 100.830 | 102.190 | 100.030 | 101.235 | +0.365 |
| Prev. Close | Volume | Bid | Ask | Time |
| 101.170 | 10465845 | 2024-12-06 15:59:45 |
| Year High | 64.66 | Year High Date | 2018-05-30 |
| Year Low | 33.82 | Year Low Date | 2018-10-29 |
| 52wk High | 157.535 | 52wk High Date | 2024-06-18 |
| 52wk Low | 73.43 | 52wk Low Date | 2023-12-08 |
| Year End Close | 6.34 | Average Volume | 16,469,638 |
| Shares Outstanding | 1,108,743 | Short Interest | 56,767,312 |
| % Institutional | 74.4 | Market Cap | 55,719M |
| Assets | 694,160,000M | Liabilities | 242,850,000M |
| P/E Ratio | 144.5286 | Beta | 1.68 |
| Volatility | 54.82 |