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Stock Trend Analysis Report

Prepared for you on Monday, May 27, 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.

NASDAQ_MU
Open High Low MU Price Change
127.62 130.40 126.60 129.48 +3.21
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 up The intermediate-term trend has been UP since May 13th, 2024 at 121.85

short term up The short-term trend has been UP since May 23rd, 2024 at 131.02

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).

+90
Smart Scan Analysis for MU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
127.62 130.40 126.60 129.48 +3.21
Prev. Close Volume Bid Ask Time
129.49 11148279 2024-05-24 15:59:55
Year High64.66Year High Date2018-05-30
Year Low33.82Year Low Date2018-10-29
52wk High131.9552wk High Date2024-05-23
52wk Low60.552wk Low Date2023-07-06
Year End Close6.34Average Volume15,494,158
Shares Outstanding1,107,368Short Interest56,767,312
% Institutional74.4Market Cap55,719M
Assets657,180,000MLiabilities218,480,000M
P/E Ratio45.6241Beta1.68
Volatility54.82
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