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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Micron Technology, Inc. (NASDAQ:MU)
Crossroads (-60) - MU is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for MU
The long-term trend has been UP since Mar 29th, 2023 at 64.3400
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 110.1600
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 -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 107.45 | 110.23 | 106.63 | 109.12 | +2.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 109.12 | 16100012 | 2024-04-22 15:59:59 |
| 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 | 58.03 | 52wk Low Date | 2023-04-25 |
| Year End Close | 6.34 | Average Volume | 30,151,472 |
| 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 |