Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Micron Tech, Inc (NASDAQ:MU)
Bear Market Rally (-75) - MU is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MU as it may be in the beginning of a reversal.
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 Mar 11th, 2020 at 44.55
The intermediate-term trend has been UP since Apr 6th, 2020 at 45.75
The short-term trend has been DOWN since Aug 6th, 2020 at 50.02
Smart Scan Analysis for MU
Based on our trend formula, MU is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.7100 | 49.1792 | 48.0500 | 48.3350 | -0.3650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.5200 | 8757537 | 2020-08-07 14:15:47 |
| Year High | 64.66 | Year High Date | 2018-05-30 |
| Year Low | 33.82 | Year Low Date | 2018-10-29 |
| 52wk High | 61.19 | 52wk High Date | 2020-02-12 |
| 52wk Low | 31.13 | 52wk Low Date | 2020-03-18 |
| Year End Close | 6.34 | Average Volume | 26,685,581 |
| Shares Outstanding | 1,112,186 | Short Interest | 56,767,312 |
| % Institutional | 74.4 | Market Cap | 55,719M |
| Assets | 496,480,000M | Liabilities | 126,250,000M |
| P/E Ratio | 23.9 | Beta | 1.68 |
| Volatility | 54.82 |