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Archive - 9/4/2026 - Sign In to see current Signals. |
Micron Technology (MU) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :     Move cursor over the icon to see details.
| | It was a first positive week for the Micron Technology (MU). During the week, the MU gained 83.73 points, or 8.98%, and closed at 1016.59 on Friday, September 4, 2026. Weekly volume was -31% below average. MU is a member of Information Technology Sector. Information Technology is the second 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 1255.00 on June 25, 2026. MU gained -1253.41 points, or -78830.82%, in 918 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (85.46) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 July 29, 2026 at 737.88 and reached 1036.13 on August 17, 2026. MU gained -298.25 points, or -40.42%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (936.56) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 technical indicators are neutral. The weekly MACD line is below its signal line since July 24, 2026. 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 August 24, 2026 at 887.61 and reached 1017.77 on September 4, 2026. MU gained -130.16 points, or -14.66%, in 11 days. Price is near the trend high.
Daily Technical Indicators: [See MU daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since August 5, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price touches the upper Bollinger Band. The distance between the Bollinger Bands is falling, and it was 14.71% on Friday. It is 54.62% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
Candlestick pattern: [See MU candlestick chart pattern] On Friday the chart has formed a Bearish Deliberation Candlestick pattern. This pattern occurs in an uptrend;it appears after a sustained upward move and suggests that the rally is losing strength and a reversal is possible. The reliability of the Bearish Deliberation pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Deliberation Candlestick pattern during the last week.
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