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- 6/20/2025 -
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Micron Technology (MU) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range and Lane's Stochastic are strongly overboughtTrend resistance at 123.11
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overboughtLane's Stochastic and MACD bearish divergence
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It was a fourth consecutive positive week for the Micron Technology (MU). During the week, the MU gained 8.00 points, or 6.92%, and closed at 123.60 on Friday, June 20, 2025. MU was trading at average weekly trading volume.

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 157.54 on June 18, 2024. MU gained -155.95 points, or -9808.18%, in 812 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (123.11). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See MU medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 61.54 and reached 124.16 on June 20, 2025. MU gained -62.62 points, or -101.75%, in 10 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (101.93) 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 medium-term trend.

Weekly Technical Indicators: [See MU weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 9, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively 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 30, 2025 at 92.22 and reached 124.16 on June 20, 2025. MU gained -31.94 points, or -34.63%, in 21 days. Price is near the trend high.

Daily Technical Indicators: [See MU daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily 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. Use the following link to access Relative Strength Index help.

The daily MACD line is above its signal line since June 2, 2025. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 98.09
Strong Overbought
Williams' Percentage Range (W%R) 4.20
Strong Overbought
Lane's Stochastic (%D-Slow) 90.77
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 94.89
Strong Overbought
Moving Average Converg./Diverg. (MACD) 7.28 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.81
Williams' Percentage Range (W%R) 2.20
Strong Overbought
Lane's Stochastic (%D-Slow) 91.94
Strong Overbought
Greed/Fear Indicator (GFI) 83.19
Overbought
Moving Average Converg./Diverg. (MACD) -2.60
Trading Signals
Description Value Chart
Upper Bollinger Band 129.52
Price 123.60
Yearly Trendline Resistance 123.11
Daily Stochastic Crossing 122.93
Weekly Stochastic Crossing 121.25
Parabolic System 117.23
Weekly Trendline Resistance 114.92
20 Day Moving Average 107.45
Weekly Trendline Support 101.93
50 Day Moving Average 91.79
Lower Bollinger Band 88.70
Sector and Industry
Description Name Rank
Sector Information Technology 11
Industry Semiconductors 108
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 92.22
Low Date 05/30/2025
High 124.16
High Date 06/20/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 114.92
Support 101.93
Low 61.54
Low Date 04/07/2025
High 124.16
High Date 06/20/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 114.80
High Date 09/26/2024
Low 61.54
Low Date 04/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 157.54
High Date 06/18/2024
Low 61.54
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 123.11
Support 53.60
Low 1.59
Low Date 11/20/2008
High 157.54
High Date 06/18/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.