MICRON TECHNOLOGY INC.
MICRON TECHNOLOGY INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
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High / Low range: -
Type: Stocks
Ticker: MU
ISIN:

MICRON TECHNOLOGY INC. - Daily - Technical analysis published on 02/25/2022 (GMT)

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  • 02/25/2022 - 16:10
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  • Timeframe : Daily
  • - Analysis generated on 02/25/2022 - 16:10
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 84.77 USD
My targets
95.59 USD (+6.94%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MICRON TECHNOLOGY INC. as long as the price remains well above 84.77 USD. The buyers' bullish objective is set at 95.59 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

MICRON TECHNOLOGY INC. rating 89.39 USD. The price has increased by +0.63% since the last closing and was traded between 87.28 USD and 89.54 USD over the period. The price is currently at +2.42% from its lowest and -0.17% from its highest.

87.28
89.54
89.39

A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-75075150January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this MICRON TECHNOLOGY INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 75.21 81.91 84.77 89.39 95.59
Change (%) -15.86% -8.37% -5.17% - +6.94%
Change -14.18 -7.48 -4.62 - +6.20
Level Intermediate Major Intermediate - Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard80.2882.0485.4387.1990.5892.3495.73
Camarilla87.4187.8988.3688.8389.3089.7790.25
Woodie81.1182.4586.2687.6091.4192.7596.56
Fibonacci82.0484.0085.2287.1989.1590.3792.34


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard79.7284.2187.5192.0095.3099.79103.09
Camarilla88.6689.3790.0990.8091.5192.2392.94
Woodie79.1283.9186.9191.7094.7099.49102.49
Fibonacci84.2187.1989.0392.0094.9896.8299.79


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard49.4562.4872.3885.4195.31108.34118.24
Camarilla75.9678.0780.1782.2784.3786.4788.58
Woodie47.8861.7070.8184.6393.74107.56116.67
Fibonacci62.4871.2476.6585.4194.1799.58108.34

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy7
Moving averages
Created with Raphaël 2.3.0Buy25

RSI (14): 50.85
MACD (12,26,9): 0.9000
Directional Movement: -3.92
AROON (14): 50.00
DEMA (21): 89.85
Parabolic SAR (0,02-0,02-0,2): 96.25
Elder Ray (13): -1.18
Super Trend (3,10): 82.66
Zig ZAG (10): 89.13
VORTEX (21): 1.0400
Stochastique (14,3,5): 51.16
TEMA (21): 90.52
Williams %R (14): -44.94
Chande Momentum Oscillator (20): 5.20
Repulse (5,40,3): 3.6700
ROCnROLL: -1
TRIX (15,9): 0.1000
Courbe Coppock: 19.92
MA7: 90.94
MA20: 87.33
MA50: 89.04
MA100: 82.24
MAexp7: 89.79
MAexp20: 88.83
MAexp50: 87.24
MAexp100: 84.56
Price / MA7: -1.70%
Price / MA20: +2.36%
Price / MA50: +0.39%
Price / MA100: +8.69%
Price / MAexp7: -0.45%
Price / MAexp20: +0.63%
Price / MAexp50: +2.46%
Price / MAexp100: +5.71%

Quotes : 02/25/2022 - 15:55 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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