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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.

NASDAQ_MU
Open High Low MU Price Change
48.7100 49.1792 48.0500 48.3350 -0.3650
Entry Signal

MarketClub’s Trade Triangles for MU

long term down The long-term trend has been DOWN since Mar 11th, 2020 at 44.55

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 45.75

short term down 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).

-75
Smart Scan Analysis for MU
Strong Downtrend Sideways 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 High64.66Year High Date2018-05-30
Year Low33.82Year Low Date2018-10-29
52wk High61.1952wk High Date2020-02-12
52wk Low31.1352wk Low Date2020-03-18
Year End Close6.34Average Volume26,685,581
Shares Outstanding1,112,186Short Interest56,767,312
% Institutional74.4Market Cap55,719M
Assets496,480,000MLiabilities126,250,000M
P/E Ratio23.9Beta1.68
Volatility54.82
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