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Stock Trend Analysis Report
Prepared for you on Thursday, May 16, 2024.
Micron Technology, Inc. (NASDAQ:MU)
Long-Term Uptrend (+90) - MU is in a strong uptrend that is likely to continue. While MU is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 May 13th, 2024 at 121.85
The short-term trend has been UP since May 10th, 2024 at 121.41
Smart Scan Analysis for MU
Based on our trend formula, MU is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 128.120 | 130.130 | 127.050 | 127.925 | +0.115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 127.810 | 13076511 | 2024-05-16 15:59:42 |
| 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 | 60.5 | 52wk Low Date | 2023-07-06 |
| Year End Close | 6.34 | Average Volume | 17,793,756 |
| 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 |