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Archive
- 5/29/2026 -
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Micron Technology (MU) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second consecutive positive week for the Micron Technology (MU). During the week, the MU gained 220.00 points, or 29.29%, and closed at 971.00 on Friday, May 29, 2026. Weekly volume was 107% above average.
MU is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See MU long-term trend chart]
A long-term uptrend had started on November 20, 2008 at 1.59 and reached 981.00 on May 29, 2026. MU gained -979.41 points, or -61598.11%, in 914 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (83.77) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See MU medium-term trend chart]
A medium-term uptrend had started on March 31, 2026 at 311.49 and reached 981.00 on May 29, 2026. MU gained -669.51 points, or -214.94%, in 8 weeks. Price is near the trend high.
 Weekly Technical Indicators: [See MU weekly technical indicators chart]
Weekly Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is above its signal line since April 24, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See MU short-term trend chart]
A short-term uptrend had started on May 19, 2026 at 652.21 and reached 981.00 on May 29, 2026. MU gained -328.79 points, or -50.41%, in 10 days. Price is near the trend high.
 Daily Technical Indicators: [See MU daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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