MICRON TECHNOLOGY INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	MU
ISIN:

MICRON TECHNOLOGY INC. - 1H - Technical analysis published on 01/22/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 106.74 USD

My targets

113.26 USD (+3.61%)

123.13 USD (+12.64%)

My analysis

MICRON TECHNOLOGY INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 106.74 USD. The next resistance located at 113.26 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 123.13 USD. After this resistance, buyers could then target 127.57 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.5

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

MICRON TECHNOLOGY INC. rating 109.31 USD. On the day, this instrument lost -0.06% and was traded between 107.76 USD and 110.67 USD over the period. The price is currently at +1.44% from its lowest and -1.23% from its highest.

107.76

110.67

109.31

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MICRON TECHNOLOGY INC.:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of MICRON TECHNOLOGY INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	95.47	102.51	106.74	109.31	113.26	127.57	136.20
Change (%)	-12.66%	-6.22%	-2.35%	-	+3.61%	+16.70%	+24.60%
Change	-13.84	-6.80	-2.57	-	+3.95	+18.26	+26.89
Level	Major	Minor	Intermediate	-	Major	Intermediate	Minor

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
Standard	101.32	103.27	106.33	108.28	111.34	113.29	116.35
Camarilla	108.00	108.46	108.92	109.38	109.84	110.30	110.76
Woodie	101.87	103.55	106.88	108.56	111.89	113.57	116.90
Fibonacci	103.27	105.19	106.37	108.28	110.20	111.38	113.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84.13	88.50	97.13	101.50	110.13	114.50	123.13
Camarilla	102.18	103.37	104.56	105.75	106.94	108.13	109.33
Woodie	86.25	89.57	99.25	102.57	112.25	115.57	125.25
Fibonacci	88.50	93.47	96.54	101.50	106.47	109.54	114.50

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	45.97	64.70	74.43	93.16	102.89	121.62	131.35
Camarilla	76.33	78.94	81.55	84.16	86.77	89.38	91.99
Woodie	41.47	62.45	69.93	90.91	98.39	119.37	126.85
Fibonacci	64.70	75.57	82.29	93.16	104.03	110.75	121.62

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	64.10
MACD (12,26,9):	1.8900
Directional Movement:	10.42
AROON (14):	78.57
DEMA (21):	110.46
Parabolic SAR (0,02-0,02-0,2):	108.96
Elder Ray (13):	0.56
Super Trend (3,10):	106.31
Zig ZAG (10):	109.21
VORTEX (21):	1.2500
Stochastique (14,3,5):	81.40
TEMA (21):	110.60
Williams %R (14):	-26.29
Chande Momentum Oscillator (20):	1.97
Repulse (5,40,3):	-0.3100
ROCnROLL:	1
TRIX (15,9):	0.2900
Courbe Coppock:	7.74

MA7:	103.22
MA20:	95.80
MA50:	99.24
MA100:	99.26
MAexp7:	109.37
MAexp20:	107.83
MAexp50:	104.27
MAexp100:	100.94
Price / MA7:	+5.90%
Price / MA20:	+14.10%
Price / MA50:	+10.15%
Price / MA100:	+10.12%
Price / MAexp7:	-0.05%
Price / MAexp20:	+1.37%
Price / MAexp50:	+4.83%
Price / MAexp100:	+8.29%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on MICRON TECHNOLOGY INC. at the time of the generation of this analysis was as follows:

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

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