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Stock Trend Analysis Report

Prepared for you on Friday, July 19, 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.

NASDAQ_MU
Open High Low MU Price Change
120.51 121.64 114.09 117.41 -2.09
Entry Signal

MarketClub’s Trade Triangles for MU

long term up The long-term trend has been UP since Mar 29th, 2023 at 64.34

intermediate term down The intermediate-term trend has been DOWN since Jul 1st, 2024 at 129.71

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 130.09

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).

-60
Smart Scan Analysis for MU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.51 121.64 114.09 117.41 -2.09
Prev. Close Volume Bid Ask Time
117.45 28028105 2024-07-18 15:59:54
Year High64.66Year High Date2018-05-30
Year Low33.82Year Low Date2018-10-29
52wk High157.53552wk High Date2024-06-18
52wk Low61.7552wk Low Date2023-08-18
Year End Close6.34Average Volume31,093,044
Shares Outstanding1,108,841Short Interest56,767,312
% Institutional74.4Market Cap55,719M
Assets662,550,000MLiabilities220,300,000M
P/E Ratio45.6241Beta1.68
Volatility54.82
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